DHT profit growth comes in a notch over expectations as fourth-quarter bookings show strength
VLCC specialist points to brighter earnings ahead
October 2025
NYK and Port of Duqm Collaborate on Development
Nippon Yusen Kabushiki Kaisha (NYK Line) and the Port of Duqm Company, which oversees port management and terminal operations in Oman, signed a memorandum of understanding at Duqm Economic Forum 2025 to collaborate in the development and connectivity…
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Texas Allision Leads to Oil Spill
The Coast Guard along with the Texas General Land Office is responding to an oil discharge which occurred near Galveston, Texas, Tuesday.Coast Guard Sector Houston-Galveston watchstanders received a call at approximately 9:50 p.m. reporting…
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Newbuildings on the Rise Again
The newbuilding market has began heating up again. In its latest weekly report, shipbroker Banchero Costa said that “this week in the container sector, Taiwan’s Evergreen Marine placed an order of 14 x 14,000 TEU carriers, 7 of which were ordered to Ko…
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LNG orders halve in 2025—a likely rebound in the near term
Only 38 vessels were ordered in 9M25 compared to 86 in 9M24, with the orderbook-to-fleet ratio continuing to weaken in 2025, deflated by higher deliveries and low new orders. New orders were impacted by the slower pace of FIDs (in 2024 and 1H25), along…
LNG orders halve in 2025—a likely rebound in the near term Read More »