Yearly Archives: 2025
Josephides Succeeds Kazakos at Cyprus Chamber
Alexandros Josephides replaces Thomas Kazakos as director general of the Cyprus Shipping Chamber.
Josephides has 30 years of experience and aims to boost...
Mahakumbh Mela The World’s Largest Gathering Of Devotees In Prayagraj
The Mahakumbh Mela in Prayagraj, Uttar Pradesh, is a remarkable spiritual event, attracting millions of devotees from around the world. Celebrated every 12 years,...
OOCL Sunflower Pioneering Sustainability And Efficiency In Global Shipping
The recent naming ceremony of the "OOCL Sunflower", a state-of-the-art eco-friendly vessel with a capacity of 16,828 TEU, marks a significant milestone in OOCL's...
Silverstream Technologies Expands Partnership With Carnival Corporation For Decarbonization
Maritime clean technology leader Silverstream Technologies has announced an agreement with Carnival Corporation & plc, the world’s largest cruise company, to install its Silverstream®...
Analysis Of The Dry Bulk Market In 2024 And Outlook For 2025
The dry bulk market in 2024 was a tale of two halves, marked by early optimism that gave way to challenges as the year...
US Probe Finds China’s Unfair Shipbuilding Dominance
China's global shipbuilding share exceeded 50% in 2023, driven by government subsidies.
U.S. shipbuilders' market share has dropped below 1%.
The findings could...
Ship Recycling Trends In India And Bangladesh Shine Amid Global Volatility
The ship recycling markets in India and Bangladesh have shown remarkable resilience and growth, outperforming expectations in the early weeks of 2025. Despite global...
Marine Fuels Gain Spotlight in Treasury’s Clean Fuel Credit Guidance
The new guidance confirms that marine fuels such as marine diesel and methanol are eligible for the Clean Fuels Production Credit (45Z) if...
Oversupply Pressures LSFO and HSFO Markets in January
Term ex-wharf 0.5%S LSFO premiums in Hong Kong fell to $27-$34/mt in January due to abundant supply and subdued demand, a sharp drop...
Global Tanker Market Struggles as Dirty Freight Rates Plummet
The availability of VLCC tankers (spot/relet and contract) has decreased since October 2024.
Weakness in VLCC, Suezmax, and Aframax freight rates highlights ongoing...