Further improving maritime gender diversity will take action as well as attitude, writes WISTA International President Elpi Petraki, in a final call for submissions to the Women in Maritime survey. Our industry is making steady progress on gender diver…
Final call for IMO-WISTA International survey to count on gender diversity progress Read More »
As January draws to a close, the Capesize Brazil–North China freight market maintains a relatively stable sentiment. Although highs have yet to be achieved, the market remains steady. In contrast, the Panamax Continent–Far East route shows weaker senti…
Dry Weekly Market Monitor: Panamax Market (ECSA Ballasters & Demand) Read More »
“In 2024, new crude oil tanker deliveries dropped to a 36-year low as only 17 new tankers, with a capacity of 2.5m deadweight tonnes (DWT), joined the fleet. Compared to 2023, the capacity delivered dropped by 74%,” says Niels Rasmussen, Chief Shipping…
Crude oil tanker newbuild deliveries drop 74% to 36-year low Read More »
The time charter (TC) rates for Post Panamax container vessels rose by 111% year-on-year (y-o-y) in 2024, hitting 73,330 USD/Day, and has led to a huge uptick in newbuild orders and a slowdown in demolitions according to Veson Nautical’s ‘2024 End- Of-…
Do not expect container lines to immediately return to Suez Canal transits after the Houthis say they will stop attacks on shipping. The return of Donald Trump is another wildcard for the market in a highly unpredictable year. This year was always goin…
Drewry: Sympathy for the shipping executive Read More »