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 »
In 2025, seaborne dry bulk flows showed mixed trends across major commodities. Iron ore exports grew modestly, with China remaining the dominant importer despite a slowdown in domestic steel production. Coal shipments fell, reflecting China’s rising do…
China’s demand is the heaviest factor for commodities in 2025 Read More »
“100 days ago, on 29 September, the Minervagracht was to become the last ship to be attacked by the Houthis, at least for now. Forty-three days later, the Houthis declared an end to their attacks on ships. Despite this, traffic through the Suez Canal h…
Suez Canal transits still 60% down 100 days after the last Houthi attack Read More »
India’s coal imports have been declining, affecting seaborne coal demand. In a recent weekly report, shipbroker Banchero Costa said that “in Jan-Sep 2025, global seaborne coal loadings declined by -4.3% y-o-y to 967.4 mln t (excluding cabotage), based …
Dry Bulk Shipping: Indian Coal Imports Declining Read More »