The Venezuelan market has re-entered the crude tanker trade with more robustness over the past few months. In its latest weekly report, shipbroker Xclusiv said that “the Venezuelan crude trade has moved from being a relatively narrow and politically co…
Tanker Market: Venezuelan Oil Market Coming Into Play Once More Read More »
“In June 2026, global coal shipments jumped 14% y/y, driven by a 41% y/y increase in coal shipments to China, as the country looked to offset weaker domestic supply and to meet higher demand from electricity generation. Since the start of the year, glo…
BIMCO: Coal shipments jump 14% in June, driven by Chinese demand Read More »
China’s steel market continues to show signs of softness. The National Bureau of Statistics reported crude steel production fell 2.5% year-on-year in May 2026 to 84.4 million tons, while pig iron — produced via blast furnace — declined 1.5% to 72.9 mil…
Iron Ore Surplus Builds as Chinese Steel Margins Remain Under Pressure Read More »
The CMA CGM Group celebrated the naming ceremony of the CMA CGM NOTRE DAME in Le Havre, the newest vessel in its fleet.Measuring nearly 400 meters in length, 61 meters in width and with a capacity of up to 24,000 TEUs, the CMA CGM NOTRE DAME…
CMA CGM Celebrates Naming NOTRE DAME, the Largest French-Flagged Containership Read More »
Training Ship Golden Bear returns to Vallejo on July 6 following the completion of Summer Sea Term 2026, bringing home 283 Cal Poly Maritime Academy cadets after a 12,500-mile voyage across the Pacific Ocean. After 30 years of service as the academy’s …