The global coal trade landscape is edging towards a significant recalibration, marked by a decisive shift from years of expansion toward a structural plateau. According to the International Energy Agency’s latest analysis Coal, the industry is facing a…
Global coal trade braces for structural pivot Read More »
The ship recycling market in India has shown some strength in these early days of the year. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships, said that “the India market came up further this week, with local p…
Ship Recycling Prices Improving in India Read More »
The VLCC market has just wrapped up one of its most powerful freight environments in years. Earnings surged past $100,000 per day, with momentum staying strong throughout Q3 and Q4. For much of the year, freight rates moved broadly in line with 2024 le…
As costs rise and forecasts shifts, owners are seeking designs that balance opportunity across offshore wind and oil and gas. Jon Inge Buli, Head of Offshore SGA, Wärtsilä, explores how vessel owners and designers can build resilience into new tonnage …
Designing offshore vessels for market resilience Read More »
The tanker market is facing another big question mark after the latest developments in Venezuela. In its latest weekly report, shipbroker Xclusiv said that “2026 opens with a reminder that “seaborne trade” is not just demand and fleet numbers. It is po…
Tanker Market: Venezuela Throws Another Big Question Mark Read More »