US and Denmark forge cooperation to help modernise American shipbuilding
Non-binding MOU to provide ‘skilled hands, capital and speed’ to US yard sector
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Maritime News
Product Tankers: Less Cargo, Higher Earnings
A market paradox seems to be forming in the product tanker market. In its latest weekly report, shipbroker Xclusiv said that “the product tanker market has experienced an extraordinary freight rally between early August and mid-October 2026, despite a …
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Global shipyard order book grows 13%, strengthening China’s lead
“On 1 September 2026, the global shipyard order book reached an estimated 203.2m Compensated Gross Tonnage (CGT), up 13% from 180.0m CGT a year earlier,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO. This is slightly below the all-time h…
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The soaring cost of shipping is lifting the price of oil for consumers
Disruptions in the Middle East are pushing tanker rates to historic highs The price of oil is only part of what determines the cost to supply the world with fuel. Crude oil and the products refined from it must travel – often thousands of kilometres by…
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Port of Los Angeles Reports Record Low Emissions
The Port of Los Angeles recorded its lowest emissions per container on record in 2025, continuing a two-decade decline in air pollution even as container throughput remained near historic highs.According to the port’s newly released Inventory of Air Em…
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