This Week Trends
MR secondhand sales have dominated the Tanker sale and purchase sector so far this year, accounting for 35% of Tanker sales, reports VV Blog.
Unlike the crude markets that saw record highs in the run up to the 5th of...
Breakwave Advisors reports that the current rally in the crude tanker market is being fueled by far more than rising oil volumes. Structural shifts in global trade dynamics, fleet composition, and supply-demand fundamentals are redefining the market’s trajectory...
Accident
: Vessel grounding
Date
: 19 October 2015
Vessel Involved
: Jo Spirit
Location
: St. Lawrence Seaway near Kahnawake
Pollution
: Nil
On Monday morning, the vessel ran aground blocking the South Shore Canal at St. Lawrence Seaway. The report says that the vessel went off the...
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Hot Stuff Coming
Collapsing Ocean Container Imports!
Russia’s ocean container imports continue to collapse as shipping lines wind down the last remnants of their services to the country’s ports. Russia —...
World’s First Zero Emission Commercial Flights
In a major development. Aerospace giant Airbus has unveiled plans for what is hailed as the first commercial zero-emission aircraft, reports BBC
It said its...
UK Bills Set To Increase by £500 Despite Ofgem’s £999 Price Cap Drop
Consumers will see their energy bills rise in April when Government support introduced to help ease the burden is withdrawn, reports i news.
What about...
VLCC Struggles Persist: Market Faces a Tough Q4
VLCC tonne-days continue to decline, reflecting a weakening market, while dirty tonne-days saw a brief recovery before dropping again.
Crude shipments to China...
LATEST ARTICLES
CMES Flags Multi-Year VLCC Boom as Tanker Demand Surges
China Merchants Energy Shipping expects a strong VLCC market through 2026 and possibly into 2027–28.
Demand for compliant modern tankers is tightening as...
PortMiami Posts TEU Growth & Breaks Cruise Passenger Record
Cargo volumes climbed to 1.11 million TEUs, marking 11 straight years above one million.
Cruise traffic hit an all-time high with 8.56 million...
BYD and Corvus Sign Strategic MoU to Accelerate Next-Generation Marine Battery...
BYD Energy Storage, a global leader in the energy storage sector, and Corvus Energy AS (Corvus), the market leader in marine energy storage systems (ESS), today...
Euroseas Secures Multi-Year Charters for Three 2,800 TEU Vessels, Adding $75...
Euroseas Ltd. has secured new forward charter agreements for three of its modern fuel-efficient 2,800 TEU container vessels: the M/V Leonidas Z, M/V Gregos...
North Sea Study Reveals Methanol Voyages Can Slash Emissions by 80%...
According to Safty4Sea, methanol-powered voyages on the Tyne–IJmuiden corridor could cut greenhouse gas emissions by up to 80% while avoiding as much as £420...
Global Volumes Climb 2.8% in October Amid Softening Price Index
According to Container Trades Statistics Ltd., global container volumes strengthened again in October, rising 2.8% from September and returning above the 16 million TEU...
Global Trade Surges to a Record $35 Trillion as East Asia...
Global trade is projected to grow about 7% this year, adding $2.2 trillion and marking a new all-time high. East Asia, Africa and South–South...
Fed Cuts Interest Rates Again as Markets Rally to New Highs
According to the latest update from Yahoo Finance, the Federal Reserve lowered interest rates by 0.25% at the close of its two-day meeting. The...
US–China Trade Corridor Faces Structural Collapse Amid Long-Term Decoupling Trends
Recent trade data from both the United States and China reveals that the world’s most significant trade corridor is undergoing a fundamental shift. What...
India’s West Coast Leads Bunker Fuel Demand in November Amid Strong...
India’s west coast bunker fuel market remained strong in November, supported by competitive pricing and improved refinery supplies. Key ports such as Mumbai, Kandla,...





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