Singapore hits back as Trump revives tariff wall with ‘forced-labour’ duties on 60 economies
Foreign minister fears becoming ‘collateral damage’ of wider US trade policy
July 2026
Tokyo Century ultramax sale shows buyers are willing to put up the cash for quality units
Swift turnaround and firm price show buyers are willing to pay a premium for the right vessel
Tanker Newbuilding Orders Piling Up – Greek Owners Leading The Way
Tanker ordering activity has grown considerably, during the course of the first half of the year. In its latest weekly report, shipbroker Xclusiv said that “the tanker newbuilding market has entered 2026 with considerably stronger momentum, reflecting …
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South Asia capacity cuts and Hormuz closure boost freight rates to 3-year highs
Freight rates from South Asia to the US and Europe have surged about 50% in the last two weeks, while rates to the UAE and Saudi Arabia have remained more than three times historical levels for the past three months as tensions surrounding the Iran con…
South Asia capacity cuts and Hormuz closure boost freight rates to 3-year highs Read More »
UK maritime ETS countdown begins
The UK’s decision to extend its Emissions Trading Scheme (UK ETS) to maritime transport from July 1, 2026 marks a significant shift in the regulatory landscape for shipping, introducing a company-level carbon compliance regime that operators must begin…
UK maritime ETS countdown begins Read More »