UN Trade and Development’s (UNCTAD) year-end Global Trade Update shows East Asia, Africa and South–South trade powering gains, even as rising uncertainty shapes the outlook for 2026. Global trade is on course to exceed $35 trillion in 2025 for the firs…
Global trade to hit record $35 trillion despite slowing momentum Read More »
Newbuilding ordering activity picked up the pace over the past week, as the year end draws closer. In its latest weekly report, shipbroker Banchero Costa said that “in the tanker sector, UK-based Zodiac Maritime placed an order of 2 x 306,000 dwt VLCCs…
Newbuilding Activity Picking Up Pace Read More »
Fitch Ratings has maintained its deteriorating outlook for the global shipping sector, reflecting geopolitical and policy risks, according to an Outlook report released today. The sector will also be affected by the lower GDP growth we expect across mo…
Fitch Ratings: Global Shipping Outlook Is Deteriorating in 2026 Read More »
Lloyd’s Register (LR) and Latsco have successfully completed a proof-of-concept for a new standard in digital class assurance with data-driven surveys. This collaboration aims to demonstrate how verified operational vessel data can fully meet class sur…
LR and Latsco chart a new digital course for ship classification Read More »
The tanker market is expected to enter 2026 in a strong position for further freight market strides. In its latest weekly report, shipbroker Intermodal said that “Beijing’s release of the first batch of 2026 import quotas has prompted Chinese independe…
Tankers: Ton-Mile Demand On the Rise Read More »