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 »
The seaborne crude oil trade routes are constantly evolving and China is at the center of things. In its latest report, shipbroker Xclusiv said that “analysing trade flow data from Signal Ocean Platform, it is noted that year to date, China imported ap…
Tankers: China’s Crude Import Policy and Strategy Read More »
“So far this year, only 10 container ships have been recycled. This extends a pattern of low recycling activity seen since 2021 as many ships have continued trading beyond their usual recycling age. As a result, we estimate that a recycling overhang of…
Container ship recycling overhang estimated at minimum 1.8 million TEU Read More »
The International Maritime Organization (IMO) has decided to postpone the adoption of its Net-Zero Framework (NZF) for another year. This delay, while creating additional uncertainty, warrant careful examination of the proposed mechanisms. Prior to the…
IMO’s Net-Zero Framework will struggle to drive zero-emission shipping adoption Read More »