“Following US-China trade negotiations, China has committed to resume imports of US soya beans. The country has agreed to purchase 12m tonnes during the rest of 2025 and 25m tonnes per year during the next three years, similar to 2024 volumes. If these…
China’s 12m tonnes US soya bean pledge could drive demand Read More »
The International Association of Dry Cargo Shipowners (INTERCARGO) held its Annual General Meeting and Semi-annual meetings at the Four Seasons Astir Palace in Athens on 3–4 November 2025, marking continued growth and important milestones in representi…
INTERCARGO reaffirms unity and momentum at 45th Anniversary AGM in Athens Read More »
The ship recycling has remained challenging over the course of the past few days. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships, said that “the Indian market has finally shown a very slight sign of hope, in…
Ship Recycling Market Remains Challenging Read More »
VLCC freight rates surged over $100,000pd, following the rise in OPEC+ output and a sharp rebound in tanker demand, which drove second-hand values to a new peak in October. This uptick is likely to continue in 4Q25 amid tight tonnage supply and the ons…
A surge in shipping rates drives the second-hand prices of crude tankers Read More »
The maritime industry is experiencing a phase of rapid technological development. The shift from paper charts to continuous digital connectivity is resulting in a myriad of operational changes. With it, comes growing environmental concerns and ever-str…
Modernising maritime safety in a tide of technology Read More »