LNG-Fueled Fleet to Double as Current Orders Are Delivered Says SEA-LNG
Industry coalition SEA-LNG is highlighting the strong growth in LNG-fueled vessels in the world fleet as well as the continuing…
Cold winter for seaborne coal ahead as Chinese and Indian appetite cool off
Analysts expect weaker demand from two major importers in the coming months, with loadings already affected
‘Some carriers simply need new tonnage’: These liner companies have the most old tonnage to replace
Maersk still has not ordered enough ships to replace veteran tonnage, while MSC has the biggest stack of older vessels
Montreal Dockworkers to Refuse Overtime in New Indefinite Strike
The ongoing dockworkers’ contract dispute in Montreal will be moving into a new phase as their union announced plans to…
IMO makes progress on net-zero framework for shipping
The International Maritime Organization (IMO) has achieved key progress in negotiations towards a set of binding global regulations on the…
Appetite for Newbuildings Remains High
Investors kept on buying newbuildings, despite the lull in the China market over the past week. In its latest weekly…
Orbyt Global has made a significant investment by acquiring OTESAT-Maritel, a subsidiary of the OTE Group
Orbyt Global has acquired OTESAT-Maritel, a subsidiary of the OTE Group, in a landmark move that strengthens its dominance in…
Iron ore rides a roller coaster as China stimulus-driven frenzy fades
Prices of iron ore futures rode a roller coaster on Tuesday, as some investors unwound long positions to lock in…
Baltic index falls over one-month low on weak capesize rates
The Baltic Exchange’s main sea freight index .BADI declined to a more than one-month low on Tuesday, pressured by falling…