Ship Owners Turn to Second Hand Ships
Shipping investment activity was much more evident in the S&P market over the past week, rather than the newbuilding segment.…
Outcomes of the IMO Council, 134th session
The IMO Council met for its 134th session from 7 to 11 July 2025 at IMO Headquarters in London, United…
Pace Still Slow Across Ship Recycling Markets
The ship recycling market lacked momentum during the past week. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading…
Chinese shipyards’ market share drops from 72% to 52% amid USTR concerns
“In the first half of 2025, China’s share of newbuilding contracting fell to 52% from 72% in the previous six…
Dry Bulk Market: Rates Below Seasonal Average for Most Ship Classes
With the exception of the Capesize sector, most other ship classes have seen rates trade well below the average of…
ICS gives backing to IMO Net-Zero Framework to provide clarity, simplicity, and detail on rewards
In April, the International Maritime Organization’s (IMO) member states took a historic step by agreeing to the Net-Zero Framework (NZF)…
Is Silver on the Way to a New High?
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