In a time of regulatory uncertainty and evolving fuel options, shipowners like Great Eastern Shipping are taking a pragmatic route to decarbonization by focusing on flexible fleet upgrades and operational efficiencies while supporting Indian ports and …
A multifaceted approach to managing decarbonization risks Read More »
Only 38 vessels were ordered in 9M25 compared to 86 in 9M24, with the orderbook-to-fleet ratio continuing to weaken in 2025, deflated by higher deliveries and low new orders. New orders were impacted by the slower pace of FIDs (in 2024 and 1H25), along…
LNG orders halve in 2025—a likely rebound in the near term Read More »
The tanker market is again facing a reshaping of its trade routes. In its latest weekly report, shipbroker Gibson said that “this week sanctions pressure on Russia was dialled up a notch. On Thursday, the first major US sanctions against Russia under t…
Tanker Market: Russian Sanctions to Reshape Trade… Again Read More »
As of October 14, 2025, the U.S. and China have implemented reciprocal port fees targeting vessels associated with the opposing nation. These fees are levied on a per-net-ton basis, determined by a vessel’s identity, specifically its ownership, operati…
Tanker Trade in Turbulence: Beijing Strikes Back with Port Fee Policy Read More »
The path to net-zero emissions for the global shipping sector hit a significant roadblock last Friday, as a scheduled Extraordinary Session of the International Maritime Organization’s (IMO) Marine Environment Protection Committee (MEPC/ES.2) concluded…
Decarbonisation in doubt? Read More »