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Container Vessel News Roundup | February 20 – Focus on Asian yards: delivery to French owner, Chinese electric ship trials and more
A French owner has taken delivery of its newest ship while placing orders for additional vessels to be built in…
Vale set to re-enter shipping with a bang, plans to order 30 large ore carriers
Large newbuilding announcements are often interpreted as exogenous supply shocks, raising concerns about oversupply and pressure on freight rates. Vale’s…
China Sources Wheat from Argentina
China’s wheat import program has historically been concentrated mostly on Canada and Australia, which together account for roughly 70% of…
Dry Bulk Market Enjoying Strong Tailwinds Into 2026
The dry bulk market has been trending higher so far in 2026, as it is being propelled by strong tailwinds.…
Baltic Dry Index Down for 3rd Day
The Baltic Exchange’s dry bulk index, which tracks rates for vessels transporting dry commodities, continued to fall for a third…
Austal USA Appoints its Fourth President in Five Years
Naval shipbuilder Austal USA announced Thursday that president Michelle Kruger has stepped down from running day-to-day operations and assumed an…
DOJ Files Appeal on Court Blocking Trump’s Moratorium on Wind Energy
The U.S. Department of Justice’s Environment & Natural Resources Division filed notice with the district court in Massachusetts for an…
UK Manufacturing Orders Remain Weak: CBI
The UK’s total order book balance rose to -28 in February 2026 from -30 in January, according to the Confederation…