The 110th session of the Maritime Safety Committee (MSC 110) was held from 18 to 27 June 2025. The session adopted SOLAS amendments to improve the safety of transfer arrange- ments for pilots and other personnel embarking and disembarking ships, and ma…
IMO Maritime Safety Committee Read More »
The crude tanker markets are expected to remain supported from the long term oil market fundamentals. In its latest weekly report, shipbroker Gibson said that “earlier this month, the International Energy Agency (IEA) released their annual report detai…
Crude Tanker Markets to Remain Supported from Oil Market Fundamentals Read More »
Capesize The Capesize market experienced a marked decline this week, with sentiment steadily weakening amid persistently low activity across both the Atlantic and Pacific basins. A key factor was the prolonged absence of all major C5 miners in the Paci…
Dry Bulk Market: Capesize Market Declined Last Week Read More »
As the maritime industry navigates through a vortex of geopolitical uncertainty, climate extremes, and supply chain bottlenecks, one reality becomes increasingly clear: traditional hull and machinery insurance and P&I cover is not enough. In times …
Beyond Lay-Up: Delay Risk Insurance in an Age of Disruption Read More »
China’s iron ore imports have been dropping so far in 2025, based on the latest data. In its latest weekly report, shipbroker Banchero Costa said that “2024 was another positive year for global seaborne iron ore trade. In Jan-Dec 2024, global loadings …
China Iron Ore Imports on the Weaker Side This Year Read More »