Tariffs on China Stir Ship Recycling Markets

Despite a brief weekly recovery, the dry bulk market has dropped significantly by 24% this month, while oil prices have risen over 3%...

Weekly Tanker Market Update: April 2025

Oil prices have plummeted to $64 per barrel, driven by trade tensions and OPEC+ output decisions, raising uncertainty across global markets. Tanker demand...

CMA CGM Receives First Upgraded ‘Jacques Saadé’ Megamax Ship, SEINE

CSSC Hudong Zhonghua has delivered the CMA CGM SEINE, the first of four upgraded 23,872 TEU LNG-fueled Megamax vessels ordered by CMA CGM. ...

LNG-Powered Capesize Bulker Verde Heraldo Delivered for JFE Steel Supply

Mitsui O.S.K. Lines (MOL) has delivered a new LNG-fueled Capesize bulker, Verde Heraldo, built for JFE Steel Corporation. The vessel will operate under...

U.S. to Impose 100% Tariffs on Chinese Port Cranes Over Security...

The United States plans to impose tariffs of up to 100% on ship-to-shore cranes and cargo equipment made in China or containing Chinese...

U.S. Accuses Chinese Satellite Firm Of Aiding Houthi Attacks

The U.S. State Department has recently accused Chang Guang Satellite Technology, a Chinese firm linked to China's military, of providing satellite imagery to Iran-backed...

Regulatory Changes and Economic Climate Curb Tanker Sales Activity in Early...

The tanker sales market experienced a notable downturn in activity during the first quarter of 2025, according to Xclusiv Shipbrokers. The total number of...

US Port Fees on Chinese Ships Raise Downturn Concerns in Shipping...

The United States' decision to impose port fees on Chinese shipping companies and vessels built in China has indeed sparked concerns within the shipping...

Alphaliner’s Reefer Ranking Reveals Strategic Differences Among Carriers

According to Alphaliner's annual analysis of the top 10 container carriers' reefer (refrigerated container) capacities, there is generally a correlation between the overall size...

Capesize Market Experiences Volatility as Macroeconomic Pressures Mount

The Capesize dry bulk market experienced challenges this week, primarily due to broader macroeconomic pressures. The escalating trade tensions between the United States and...

VLCCs Slip Further, Suezmax Gains Momentum, Aframax Mixed

This week witnessed a continued softening in the Middle East Gulf (MEG) Long Range 2 (LR2) tanker market. The TC1 index for 75,000-tonne cargoes...

Are Electric Motors The Future Of Global Shipping?

Electric motors are increasingly being adopted in the shipping industry — especially for short-distance routes, inland waterways, and ferries. However, for long-distance ocean travel,...

Port of Rotterdam Achieves 8% Greenhouse Gas Emission Reduction in 2024

In 2024, greenhouse gas emissions from companies operating within the port area saw a significant reduction of 1.7 million tonnes, representing an 8% decrease...

Port Of Los Angeles To Get First Electric Tugboat Through Arc’s...

The Port of Los Angeles—the busiest container port in the Western Hemisphere—is set to modernize its harbor craft fleet starting with a 7.9-meter (26-foot)...

GTT Q1 2025 Revenue And Business Update

GTT (Gaztransport & Technigaz) is a French technology company that specializes in the design of membrane containment systems used for transporting and storing liquefied...

Jaldhi Overseas Boosts Fleet with New Eco-Friendly Tankers from Japan

Two Japanese shipbuilding companies have secured contracts to build three eco-friendly stainless steel chemical tankers for Jaldhi Overseas, a Singapore-based firm specializing in vessel...

Understanding Flag State Inspections (FSI) Ensuring Compliance And Seaworthiness

An FSI is a scheduled or unscheduled inspection carried out by flag state-approved inspectors and surveyors. These inspections verify the seaworthiness of a vessel...

US Proposes Shipping Levy on Chinese Vessels

Proposed Fee Set at $50 Per Net Ton for Chinese Ships. Fee to be Charged Per Voyage Rather Than Per Port Call. Exemptions...

U.S.-China Tensions are Impacting Global Shipbuilding and Trade

Proposed port fees may raise freight costs, affecting exports. U.S. shipbuilding is vital for national security but faces capacity challenges. China dominates global...

Global Shipping Realigns as Tariffs Reshape Trade Flows

Tariff Uncertainty Drives Volatility in Global Shipping Markets. Shipping Industry Faces Realignment as Trade Policies Tighten. Container and Bulk Freight Rates Slide as...