As geopolitical instability disrupts key global shipping routes, Stamatis Tsantanis, Chairman & CEO of global shipping companies Seanergy Maritime (NASDAQ: SHIP) and United Maritime (NASDAQ: USEA), warns that although the U.S. has helped offset som…
China Increasing Coal Imports as Power Needs Surge Read More »
The newbuilding market has remained strong throughout the past week. In its latest weekly report, shipbroker Banchero Costa said that “the NB market remains healthy, with decent number of orders reported this week too; Greek Owner Global Ship Lease (GS…
Newbuilding Market Activity Going Strong Read More »
After nearly 100 days of conflict, the US and Iran agreed on an interim deal. The framework includes removing the blockade of the Strait of Hormuz (by Iran and the US) within 30 days of agreement signing in Switzerland (19 June), and 60 days to pave th…
US–Iran deal: Progress… but not quite lasting peace Read More »
As wind-assisted propulsion scales across the global fleet, operations are advancing faster than regulation. With IMO guidance still under development, safety today rests on strong operational practice, class approval, and the ISM Code. Wind-assisted p…
Wind-assisted propulsion: Managing safety while regulation takes shape 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 »