Lila Global ties up year’s first capesize bulker demolition deal
Anil Sharma’s Dubai-based shipping company accounted for half the capesize tonnage recycled in 2025
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Tanker Market at Crossroads as Russian Oil Trade Sanctions Intensify
A full ban on maritime services for Russian oil is on the cards, with the implications for the tanker market more obvious than ever. In its latest weekly report, shipbroker Gibson said that “the EU is considering a major change to its sanctions framewo…
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Dry Bulk Shipping: Capesizes Found Support Towards The End Of The Week
Capesize The Capesize market started the week on a softer note but gradually reversed course from mid‑week as both basins lent support. The Capesize 5 Timecharter average (C5TC 182) opened at $25,692 and closed at $28,849, marking a $3,157 rise over th…
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Ammonia technology moves closer to powering deep-sea shipping
Ammonia propulsion is moving from concept to commercial reality as several engine developers bring dual‑fuel designs to market. Everllence’s new ME‑LGIA engine integrates advanced safety barriers, digital connectivity, and fuel flexibility, marking a s…
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Coast Guard Commissions USCGC Frederick Mann
The Coast Guard commissioned its newest and sixth Arctic District Fast Response Cutter (FRC), Coast Guard Cutter Frederick Mann (WPC 1160), for official entry into its service fleet during a ceremony held in Kodiak, Alaska, Friday.The ceremony was pres…
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