The tanker market could be thrust forward by the potential scrapping of some 350 tankers, which are estimated to form a main part of the sanctioned Venezuelan trade. In its latest weekly report, shipbroker Xclusiv said that “the first weeks of 2026 hav…
Tanker Market: Will a “Grey” Fleet of 350 Ships Be Decommissioned? Read More »
2025 marked a turning point for shipping’s decarbonisation journey. In September, shipowners faced their first compliance deadline under the EU Emissions Trading System (EU ETS), requiring vessels that called at EU ports in 2024 to surrender carbon all…
Simplifying regulatory compliance Read More »
The global shipping industry has reached a historic turning point. After more than two centuries of reliance on fossil fuels, shipping has begun to transition towards cleaner propulsion systems as climate commitments tighten and regulatory frameworks t…
The ship recycling market had a modest week overall. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that in India “the market softened drastically by the end of the week, as sentiment turned sharply wea…
Ship Demolition Market Softened Last Week Read More »
This weekly market monitor provides an analysis of the latest freight market developments. The focus is on Capesize losses, the subsequent downward adjustments in iron ore flow volumes, and the latest supply signals as indicated by ballasters. Sharp co…
BDI Softens at Year Start as Capesize Weakness Persists: Weekly Dry Market Monitor Read More »