China’s coal imports have been retreating so far in 2025. In its latest weekly report, shipbroker Banchero Costa said that “in Jan-Jul 2025, global seaborne coal loadings declined by -6.3% y-o-y to 732.2 mln t (excluding cabotage), based on vessel trac…
Dry Bulk Market: Coal Imports Down So Far in 2025 Read More »
Nigeria has re-emerged as a key player in global oil markets, with production reaching new heights in July. Output averaged 1.71 million bpd, according to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), up 9.9% year-on-year. Terminal per…
Nigeria’s Comeback: Oil Flows Rise as Production Hits a Record in July Read More »
For years, the conversation around artificial intelligence in maritime has been dominated by a mixture of cautious optimism and technological trepidation. A new report from Marcura and Thetius on the subject finds an industry eager for the efficiency a…
Promise and peril of AI in maritime Read More »
Depending on the ship type, the dry bulk shipping market tells a very different story so far this year. In its latest weekly report, shipbroker Xclusiv said that “now that summer has come to an end, it is a good moment to look back and assess how the d…
Dry Bulk Market: Each Ship Class is Telling a Different Story Read More »
“Despite significantly weaker freight rates, the average price for five-year-old container ships has increased 17% year-on-year and 6% since the beginning of 2025,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO. The average per TEU price of a b…
Second-hand container ship prices jump 17% YoY despite weaker freight rates Read More »