The VLCC market has just wrapped up one of its most powerful freight environments in years. Earnings surged past $100,000 per day, with momentum staying strong throughout Q3 and Q4. For much of the year, freight rates moved broadly in line with 2024 le…
As costs rise and forecasts shifts, owners are seeking designs that balance opportunity across offshore wind and oil and gas. Jon Inge Buli, Head of Offshore SGA, Wärtsilä, explores how vessel owners and designers can build resilience into new tonnage …
Designing offshore vessels for market resilience Read More »
In 2025, seaborne dry bulk flows showed mixed trends across major commodities. Iron ore exports grew modestly, with China remaining the dominant importer despite a slowdown in domestic steel production. Coal shipments fell, reflecting China’s rising do…
China’s demand is the heaviest factor for commodities in 2025 Read More »
“100 days ago, on 29 September, the Minervagracht was to become the last ship to be attacked by the Houthis, at least for now. Forty-three days later, the Houthis declared an end to their attacks on ships. Despite this, traffic through the Suez Canal h…
Suez Canal transits still 60% down 100 days after the last Houthi attack Read More »
Clarksons Research have released their latest Green Technology Tracker, including full year 2025 data points, charting the progress of alternative fuel uptake and investments in energy saving technologies across the global shipping fleet. Summarising t…
Shipping’s Green Technology Tracker: 2025 Review Read More »