Only 38 vessels were ordered in 9M25 compared to 86 in 9M24, with the orderbook-to-fleet ratio continuing to weaken in 2025, deflated by higher deliveries and low new orders. New orders were impacted by the slower pace of FIDs (in 2024 and 1H25), along…
LNG orders halve in 2025—a likely rebound in the near term Read More »
In Q3 2025, sanctions, tariffs, and trade wars have amplified risk across global shipping, splitting trading fleets and shattering records for deceptive vessel practices. The maritime sector now sits at the frontline of an unprecedented foreign policy …
Top 7 Geopolitical Disruptions in Q3 2025 Read More »
Capesize The Capesize market lost some of its earlier momentum this week, ending on a softer note. Early positivity in the Pacific, driven by steady miner demand, increased operator activity, and weather-related port delays in China, gave way to a quie…
Dry Bulk Market: Capesizes Lose Some Ground Read More »
As of October 14, 2025, the U.S. and China have implemented reciprocal port fees targeting vessels associated with the opposing nation. These fees are levied on a per-net-ton basis, determined by a vessel’s identity, specifically its ownership, operati…
Tanker Trade in Turbulence: Beijing Strikes Back with Port Fee Policy Read More »
The path to net-zero emissions for the global shipping sector hit a significant roadblock last Friday, as a scheduled Extraordinary Session of the International Maritime Organization’s (IMO) Marine Environment Protection Committee (MEPC/ES.2) concluded…
Decarbonisation in doubt? Read More »