Yearly Archives: 2025
Dry Bulker Newbuilding Orders Collapse in 2025 After Record Highs
Ordering slump follows record peak of 63.9m Dwt in 2024.
Newbuilding prices remain high despite weakening demand.
Capesize leads with 57% of total...
Atlantic Basin Strength Pressures Crude Prices in August
OPEC+ supply fears ease as Pacific Basin exports remain weak.
South America leads gains with exports 9% above seasonal highs.
Middle East Gulf...
Lessons Learned: Cargo Damage During Loading and Voyage
A recent incident reported by the Swedish Club involved cargo damage during the loading and transport of steel products. Weather conditions and procedural challenges...
SC Ports Completes $580 Million Harbor Deepening with Final Funding
SC Ports received the final $21.28 million federal reimbursement, completing the $580 million harbor deepening project.
Leaders credited strong federal, state, and local...
First Half 2025 Review of Global Shipping Segments
Capesize bulkers gained 7.7% in value, while most other bulker segments saw declines amid reduced newbuilding and S&P activity.
Tanker values eased overall,...
China to Rival SpaceX with First Reusable Rocket Recovery Drone Ship
China has introduced its first rocket recovery drone ship, Xingji Guihang, marking a major step toward reusable launch technology.
Developed by Beijing-based iSpace,...
NWSA TEU Volumes Rise 3.5% YTD
VLGC rates remain near a 16-month high, driven by Indian port congestion and Panama Canal delays.
European ports are witnessing notable growth, with...
Singapore Solidifies Global Lead with FueLNG’s 500th Ship-to-Ship LNG Bunkering Operation
FueLNG, a leading provider of LNG bunkering solutions, has successfully completed its 500th ship-to-ship (STS) LNG bunkering operation. This achievement, which occurred in Singapore...
Performance Shipping Secures New Time Charter with PNSC for M/T P. Aliki
Performance Shipping Inc. has signed a 12-month time charter with Pakistan National Shipping Corporation (PNSC) for its 105,304 DWT LR2 Aframax tanker M/T...
Are Engineers at Risk from AI? A New Study Suggests it’s Complicated
While many fear that AI will replace engineers, the analysis reveals a more nuanced reality: AI is more likely to augment engineering roles by...