With the focus over the past few years being the rise of China’s shipbuilding industry and Korea’s response to it, Japan has seen its place among the leading shipbuilding nations waning. However, this could be set for a shift sooner than later. In a re…
Is Japan’s Shipbuilding Industry on a Comeback Run? Read More »
The road towards shipping’s decarbonization was never supposed to be straightforward and this proves to be the case. In a recent weekly report, shipbroker Intermodal said that “since the beginning of 2025 several maritime regulations have come into for…
Shipping Decarbonization: New Regulations New “Headaches” Read More »
Another week of mild ship recycling activity went by. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that “ship recycling markets across South Asia and Türkiye remained quiet overall, though some region…
Ship Recycling Market Quiet Last Week Read More »
More newbuilding orders were reported last week, as owners are ramping up their contracting ahead of the summer lull. In its latest weekly report, shipbroker Banchero Costa said that “in the Container sector, MSC placed an order of 2 x 21,700 teu at Zh…
Newbuilding Orders on the Rise Read More »
The tanker market exhibited mixed performance during the previous month, OPEC said in its latest monthly report for June. Dirty tanker spot freight rates continued to see mixed movements in June. VLCC rates were volatile over the month due to geopoliti…
Tanker Market Showed Mixed Movements in June Read More »