The maritime industry is largely aware of the dangers of lithium-ion (Li-ion) battery fires in confined shipboard environments, and especially aboard car carriers and containerships transporting electric vehicles (EVs). Less widely acknowledged is that…
Hidden Sparks: The Shipboard Hazard Of Small Lithium-Ion Batteries Read More »
The seaborne tanker market could be headed for yet another shift in crude oil flows, which could also have an impact on freight rates. In its latest weekly report, shipbroker Gibson said that “earlier this week, President Trump announced that the Unite…
Tanker Market: Is a New Shift of Trade Flows Ahead? Read More »
Capesize The market endured a broadly softer week, with sentiment cooling across both the Pacific and Atlantic as the BCI 182 5TC slid from the low $31,000s to finish closer to $26,468. Early optimism in the Pacific, driven by miner presence and steady…
Dry Bulk Market: A Softer Week All Around Read More »
The global tanker market opened 2026 hitting new highs. While dirty tanker rates continue their upward trajectory, mid-size crude tankers lead market gains, even as total crude and dirty petroleum product flows declined by approximately 2 million barre…
The ship recycling markets have shown mixed behaviour over the course of the past week. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that “the Indian market remained positive this week, supported by t…
Ship Recycling Showing Mixed Performance Read More »