Shipowners with older or harder-to-place vessels may have a stronger opportunity to test the recycling market over the coming months, as limited demolition supply continues to support recycler appetite despite weaker steel conditions in some…
Shipowners Can Test Opportunities as Recycling Supply Tightens Read More »
ABS and MOBY Robotics Inc. have signed a memorandum of understanding (MoU) to advance technologies supporting subsea mining and offshore mineral transport.The MoU establishes a framework for ABS to support MOBY in the development, certification…
ABS and MOBY Robotics Sign MoU on Subsea Mining Technologies Read More »
The captain of a Russian shadow fleet vessel intercepted by British commandos was charged with contravening sanctions, Britain’s National Crime Agency said on Monday.Ajay Pant, an Indian national, was charged with “directly or indirectly supplying…
UK Charges Captain of Russian Shadow Fleet Tanker Read More »
Demand for dry bulk cargoes could be set for a new reality, as a result of China’s ongoing energy transition towards cleaner fuels. In its latest weekly report, shipbroker Intermodal said that “China’s power mix is still dominated by coal, but the dire…
Dry Bulk Market: China’s Energy Transition Could Spell Lower Demand Read More »
Tanker newbuild ordering has gathered significant momentum through 2026, increasing c.358% year-on-year with 444 vessels placed year to date (including on order and options) across all major segments. Activity peaked in February at 20.5 mil DWT before …
VLCC Orders Drive Tanker Newbuilding Surge Read More »