Aframax tankers in vogue as Asian charterers spurn costly VLCCs
Smaller ships and long-term charters help refiners offset massive shipping bills
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October 2026
VLGC spot rates pull back for second straight week as charterers regain leverage
Tonnage lists have lengthened and price arbitrage is less favourable, but rates remain near all-time highs
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Houston Ship Channel Cargo Volumes Rise as Exports, Steel Imports Surge
Trade activity across the Houston Ship Channel region continued to expand in August and September 2026, with strong growth in foreign cargo exports, vessel traffic, container throughput and steel imports, according to Port Houston’s latest Monthly…
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NIMASA Conducts Enforcement Compliance Operation
The Nigerian Maritime Administration and Safety Agency (NIMASA) has conducted a targeted enforcement operation code named Operation Sea Guardian in order to enforce compliance with maritime regulations in Nigeria waters.The operation, which…
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Ship Recycling Market Gaining Strength In India
The ship recycling market has gained strength in India over the past week. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that “the Indian ship recycling market has strengthened over the past week, supp…
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