IMO Secretary-General Arsenio Dominguez emphasized the global shipping industry’s need for significant investment in technology and alternative fuels to achieve a net-zero transformation and drive sector-wide change at the Blue Economy Finance Fo…
IMO: Shipping gears up for massive investments in decarbonization Read More »
The maritime industry is at a pivotal juncture, navigating complex regulatory waters with two prominent frameworks shaping the future of ship recycling: the Hong Kong International Convention (HKC) and the European Union Ship Recycling Regulation (EUSR…
EUSRR vs. Hong Kong Convention: The Global Dilemma in Ship Recycling Compliance Read More »
New orders declined sharply in the first few months of 2025, reaching historically low levels, as shipowners avoid long-term investment decisions. The subdued ordering activity will persist until at least October 2025, with only a gradual recovery anti…
Newbuilding orders plunge amid regulatory and geopolitical uncertainty Read More »
Capesize The Capesize market enjoyed a strong upward trajectory this week, driven by consistent gains in the Pacific and mounting support in both South Brazil and the North Atlantic. The BCI 5TC rose steadily from $19,071 on Monday to $23,572 by week’s…
Dry Bulk Market: Capesizes Show Strong Growth Read More »
This week’s Market Monitor highlights Capesize freight market trends across the C3, C5, and C17 routes, as the Baltic Dry Index (BDI) gains momentum, driven primarily by the strong performance of the Capesize segment. A key indicator of current m…
Dry Weekly Market Monitor: Capesize Iron Ore Freight Market Trends Read More »