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Dry Weekly Market Monitor: Panamax Market (ECSA Ballasters & Demand)
As January draws to a close, the Capesize Brazil–North China freight market maintains a relatively stable sentiment. Although highs have…
Dalian iron ore snaps nine-day winning streak as US tariff uncertainty weighs
Iron ore futures declined on Wednesday, weighed down by concerns that U.S. President Donald Trump could impose higher tariffs on…
Baltic Index Hits Near Two-Year Low On Weaker Rates Across Vessels
The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell to its…
Evergreen eyes switch to LNG over methanol for next large container ships
Will Taiwanese liner operator join the LNG-fuelled liner crush?
Crude oil tanker newbuild deliveries drop 74% to 36-year low
“In 2024, new crude oil tanker deliveries dropped to a 36-year low as only 17 new tankers, with a capacity…
Ship Recycling Market Still in Decline
The ship recycling market has continued its lackluster mode over the past week. In its latest weekly report, Best Oasis…