The maritime industry is once again bracing for a year of profound transformation. According to an analysis by ING, 2025 is set to be a period of “tumultuous” year, characterised by heightened “trade disruption risks”. Underscoring th…
Shipping’s 2025 outlook brims with uncertainty Read More »
In the latest issue of Drewry’s LPG Forecaster, LPG trade is projected to increase only 1.4%, while US LPG exports are likely to jump 6% in 2025. As we saw in 2024, the 14% surge in US LPG exports caused terminals to operate near their capacity, leadin…
LPG trade growth will be curbed in 2025 due to US terminal capacity limitations Read More »
The recent reinstatement of a 25% tariff on steel imports by the United States, effective March 12, 2025, aims to protect domestic manufacturing but has significant implications for global trade dynamics, particularly concerning China’s steel exp…
Dry Weekly Market Monitor: U.S. Steel Tariffs on Chinese Steel Exports Read More »
This is a transformational year for the global maritime industry. The changing regulatory landscape, with Fuel EU coming into full effect and the extension of the EU Emissions Trade System (EU ETS) scope, has added additional considerations for vessel …
The dry bulk sector, which handles a diverse mix of commodities, has recently lost momentum. In February 2025, the Baltic Dry Index dropped to its lowest level since early 2023, far below the highs of 2021-22. Dry bulk trade demand has slumped due to w…
Bulker shipping faces tough year as China’s manufacturing sector weakens Read More »