The ship recycling markets have been facing supply constraints, while political uncertainties are also evident. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that “the Indian market came off towards th…
Ship Recycling Markets Faced with Supply Constraints Read More »
The International Maritime Organization’s Sub-Committee on Pollution Prevention and Response held its 13th session at IMO Headquarters in London from 9 to 13 February 2026. The meeting was chaired by Dr. Anita Mäkinen of Finland. Outcomes are sum…
America’s Maritime Action Plan outlines a coordinated effort to rebuild domestic shipbuilding capacity, expand the U.S.-flag fleet, reform procurement, strengthen workforce pipelines, and modernize maritime regulation. Key Takeaways • Commercial shipbu…
Top 5 Takeaways from America’s Maritime Action Plan Read More »
Tanker newbuildings have been the main target among ship owners over the past couple of weeks. In its latest weekly report, shipbroker Banchero Costa noted that “it was a significant week for crude oil tanker contracting, with multiple large contracts …
Ship Owners Invest in More Tanker Newbuildings Read More »
The LR story over the next few quarters is less about a single demand catalyst and more about how much supply quietly comes back into play. This piece unpacks the levers behind that shift: a heavy newbuild delivery schedule, the unwind of recent clean-…
The LR supply wave: can freight stay on its feet? Read More »