Shipping investment activity was much more evident in the S&P market over the past week, rather than the newbuilding segment. In its latest weekly report, shipbroker Banchero Costa said that “in the Panamax segment, Vietnamese interests were behind…
Ship Owners Turn to Second Hand Ships Read More »
As of February 2025, shipowners in the Western hemisphere have reportedly earned over US$6.3 billion from the sale of aging tankers, many of which have eventually joined the so-called “shadow fleet.” Such vessels are often used to circumvent sanctions,…
International sanctions: implications for shipbrokers Read More »
MEPC 83 has given increased clarity to maritime’s decarbonisation imperative and the tools at hand to deliver it. But in practice, while regulations, targets and technology advance, progress remains more uneven than the projections suggest – and the ri…
From plan to action: benchmarking industry’s journey to net-zero Read More »
Dry bulk demand is expected to remain soft throughout 2025, with a few exceptions. In its latest weekly report, shipbroker Intermodal said that “the Baltic Dry Index is on a downward trend, suffering losses of 28% since mid-June, reading 1,431 at the t…
Dry Bulk Market: Slower Demand to Hurt Freight Rates Throughout 2025 Read More »
Real momentum is building behind the global shipping industry’s transition towards a zero-emission future. Over the last couple of years, the industry has been undertaking preparatory work to meet the International Maritime Organization’s (IMO) 2023 Re…
Shipping’s new net zero framework: Where to next? Read More »