Fewer tankers exchanged hands during the first quarter of 2025. In its latest weekly report, shipbroker Xclusiv said that “the tanker sales market experienced a noticeable decline in overall activity during Q1 2025, with total transactions reducing to …
Fewer Tanker Sales During the First Quarter Read More »
The spectre of significant US import tariffs, reintroduced and expanded under a second Trump administration, is casting a long shadow over global trade routes and the international transport sector, according to analysis from maritime consultancy Drewr…
Trump tariffs to trigger seismic trade shifts Read More »
BIMCO has drafted a paper to submit to the Conference of the Parties to the Basel Convention (BC COP-17), asking for more clarity and for obstacles to be removed as the Hong Kong Convention enters into force in two months. The paper has been prepared b…
Shipowners and recyclers ask Basel COP for removal of obstacles to safer ship recycling Read More »
The shipping industry, as one of the leading parts of the global supply chain, is expected to face adjustments ahead, as a result of the ongoing tariff uncertainties. In its latest weekly report, shipbroker Intermodal said that “following Donald Trump&…
Shipping Re-Routing to Gain Traction as Tariff War Seeks Resolution Read More »
Global economic uncertainty and a cooling of the market has seen newbuild orders for dry-bulk vessels fall by 26% year-on-year according to Hongbeom Park, Head of Korea for global Veson Nautical, a global leader in maritime data and freight management …
Orderbook for all dry-bulk vessel classes falls by 26% Y-o-Y in Q1 Read More »