LATEST ARTICLES

Drewry: Carbon Costs Rise as EU ETS Hits Shipping

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Shipping companies must surrender EU allowances (EUAs) by 30 September 2025, covering emissions from 1 January to 31 December 2024. Dry bulk operators face...

T.S. Lines Ups the Ante with $125.6M Vessel Deal Revision

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T.S. Lines Limited announced it has entered into amended shipbuilding contracts with Huangpu Wenchong Shipbuilding Company Limited and China Shipbuilding Trading Co., Ltd., for...

IMO 2025 Theme Our Ocean Our Obligation Our Opportunity

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IMO enforces a global framework for safer, cleaner seas. The theme aligns with UN agreements and ocean initiatives. Celebrations set for London and...

30 Gulf Lease Sales and 6 in Alaska Set Under Trump Energy Plan

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30 lease sales planned in the Gulf of America, covering 14–15% of U.S. crude output. The Gulf lease program aims to support jobs...

Haijie Shipping’s 18-Day Arctic Route Draws Clean Arctic Alliance Warning

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Black carbon emissions pose a heightened climate threat in Arctic waters. Increased shipping risks, disturbance to wildlife, and coastal communities. Fragile Arctic ecosystem...

Dry Bulker Newbuilding Orders Collapse in 2025 After Record Highs

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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

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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

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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

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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

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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,...
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