The ship recycling market is still seeing sub par levels of activity. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships, said that “the Indian market remains cautious this week as persistent and unpredictable d…
Slow Activity for the Ship Recycling Market Read More »
China’s import of thermal coal so far this year trails the same period in 2024 by over 14%, weighing on global capesize demand. Chinese seaborne thermal coal demand weakened in 2025 due to two key factors: Stronger domestic coal production, up 1.5% y/y…
Coal Continues To Lose Power In The China-Bound Capesize Market Read More »
As the maritime industry prepares to enter 2026, technology group Wärtsilä has identified four important trends that will affect global shipping in 2026. From the rise of digitalisation and big data to the growing importance of flexible decarbonisation…
Wärtsilä identifies four key trends set to shape the future of shipping in 2026 Read More »
More newbuilding orders for dry bulk carriers were reported during the past week. In its latest weekly report, shipbroker Banchero Costa said that “in the bulk sector, Singaporean owner Winning International placed an order for 2 x 325,000 dwt ore carr…
Dry Bulk Newbuildings Back in Demand Read More »
As the industry explores multiple decarbonization pathways, methanol is gaining attention as a practical and scalable alternative fuel for deep-sea shipping. This is supported by over 450 methanol-capable vessels in operation and on order and technical…
DNV report: Methanol as marine fuel at high readiness level, but adoption hurdles remain Read More »