With many observers believing that even if an accord is reached regarding the safe transit of ships across the Hormuz Strait, it will always remain an area of potential unrest and peril, alternative routes are currently underway, mainly through the use…
Tanker Market: New Routes Underway, as Hormuz Status Changes Read More »
Capesize After a weak start to the week, the market gradually regained momentum, finishing on a much firmer footing by Friday. Early pressure was driven by subdued cargo volumes, particularly in the Atlantic, while easing bunker prices encouraged lower…
Dry Bulk Market: Capesizes Gaining Momentum Read More »
In Drewry’s August 2025 article on the increase in iron ore imports in India, “India’s iron ore imports surge amid strong steel production”, we highlighted that India’s iron ore market was undergoing a structural shift, with surging imports and declini…
Surging domestic demand transforms India to net iron ore importer Read More »
The dearth of welding talent for shipyards – for all manufacturing operations – transcends the ‘finding the next generation’ discussion and fall squarely into a conversation about rebuilding U.S. shipbuilding capacity and national defense. Technology……
Rebuilding U.S. Shipbuilding One Weld at a Time Read More »
Vessels struck belong to Russia’s Fesco and Greek owner IMS SA
Ukraine sinks Russian ship and hits Greek tanker with sea drone Read More »