Three 20-year-old liquefied natural gas (LNG) carriers were recently sold to a newly formed company in Türkiye, with two subsequently reflagged to Sierra Leone, a ship registry favored by Russia’s dark fleet. Two of the vessels are currently sailing ar…
Russia Expands Dark Fleet of LNG Carriers Read More »
BIMCO will establish a Task Force on Biofouling Management to strengthen industry input into the upcoming work at the International Maritime Organization (IMO) on the development of a legally binding framework for the control and management of ships’ b…
BIMCO to establish Biofouling Management Task Force Read More »
Capesize It was a week of mixed route performance in the Capesize market. Following a positive close on Friday, the Capesize Timecharter Average (C5TC 182) ultimately rose by $817 week-on-week. The C3 Brazil to China route edged above $30, a level last…
Dry Bulk Market: Capesizes End the Week on a High Note Read More »
Global shipping has entered a precarious and unstable era. Rising geopolitical tensions in key maritime corridors, including threats from Iran to target vessels transiting strategic waterways and the disruption of energy and export routes, are remindin…
Why the shipping industry needs APNT in the face of global conflict Read More »
Surging bunker prices are reshaping freight dynamics, with fuel costs now accounting for a significantly larger share of freight than usual. While all vessels are exposed to high prices, scrubber-fitted ships remain relatively better positioned. This c…
Rising costs: The surge in bunker prices is reshaping dry bulk freight dynamics Read More »