Yearly Archives: 2025
Aframax Market Sees Surge In Activity: US Gulf Exports Drive Demand
VLCC freight rates faced pressure in 2024 due to weaker Chinese crude imports, leading to a decline in long-haul trade. Conversely, shorter-haul routes witnessed...
Capesize Rates Under Pressure Amidst Weak Iron Ore Demand
The Capesize market for iron ore has experienced a challenging start to the year. A significant increase in the number of available vessels in...
Maritime Industry Grapples With New Challenges In Q4 2024
The maritime industry faced significant disruptions in the fourth quarter of 2024. Increased sanctions and geopolitical tensions, coupled with the emergence of new illicit...
2024 Sees Surge In Container Ship Orders: Order Book Hits New Peak
The container ship order book reached a record high of 8.3 million TEU at the end of 2024, surpassing the previous peak of 7.8...
Kandla Port To See Massive Expansion With ₹57,000 Crore Investment
The Indian government has announced a significant investment of over ₹57,000 crore in two major capacity expansion projects at Kandla Port. These projects aim...
Elomatic’s Elogrid Boosts Efficiency of CLdN RoRo Vessels
Elomatic signs agreement with CLdN to install its Elogrid™ tunnel thruster technology on two RoRo vessels.
Elogrid technology enhances maneuverability, energy efficiency, and...
NAPA Collaborates with Ahti Pool to Simplify FuelEU Maritime Compliance
Partnership Announcement: NAPA collaborates with Ahti Climate to enhance FuelEU Maritime compliance solutions.
Integration of Services: Ahti Pool’s active pool management will be...
Kongsberg Discovery Acquires Naxys Technologies
Kongsberg Discovery, a division of Kongsberg Gruppen, has acquired Naxys Technologies, a leader in passive acoustic leak detection and environmental monitoring technology. The...
Atlantic Panamax Market Declines Amid Weak Tonne-Mile Demand
Atlantic Panamax markets faced significant negative volatility in Q4, with weakened support from normalized Suez Canal operations and reduced tonne-mile demand.
The Platts...
Value Maritime Secures Funding for Carbon Capture on LNG Vessel
Value Maritime and partners secure funding from the Maritime Masterplan 2024 to develop and demonstrate a modular carbon capture (CC) system aboard the...