Dry Bulk Market Softens Across Segments As Year-End Approaches

The dry bulk market experienced a softer tone across Capesize, Panamax, and Supramax segments this week, with declining enquiry levels, increasing spot tonnage, and...

Hanwha Partners With U.S. Startup Vatn Systems To Develop Autonomous Underwater...

South Korean conglomerate Hanwha Group has joined forces with U.S.-based defense startup Vatn Systems to develop advanced autonomous underwater drones for the U.S. Navy....

Weekly Tanker Market Outlook — Week 49

VLCC According to Fearnlets, The VLCC market held steady through Week 49, with MEG–East trades still sitting in the low W120s. Rates today look almost...

Intermodal: Shifting Soybean Trade Reshapes Dry Bulk Patterns

According to Safety4Sea, global soybean flows are changing and reshaping dry bulk activity. Soybeans continue to drive Kamsarmax demand on the Brazil–China and US–China...

Lords Committee Criticises Delays in Implementing Marine Accident Recommendations

The House of Lords Secondary Legislation Scrutiny Committee has raised concerns about long-standing delays in acting on safety recommendations linked to marine accidents. Its...

Global Shipping Outlook Signals a Tougher 2026, Says Fitch Ratings

A new sector outlook highlights a challenging year ahead for global shipping in 2026. Geopolitical tensions, shifting policy landscapes, and softer GDP growth across...

Panama Canal LNG Transits Dip as European Demand Draws U.S. Cargoes

LNG tanker traffic through the Panama Canal declined in November, reflecting a shift in U.S. LNG exports toward European markets, reports Platts. Only three laden...

India Revamps Shipbuilding Aid Scheme to Boost Domestic Orders

India is moving to ease regulations under its revamped Shipbuilding Financial Assistance Scheme (SBFAS), aiming to convert a recently approved multi-billion-rupee maritime package into...

Middle East Bunker Market Shows Mixed Momentum in November

Fujairah bunker demand dips in Nov. Oman marine gasoil supply up slightly. Iraq’s southern ports maintain robust bunker activity. Bunker fuel availability in Fujairah...

NYK Unveils Next-Gen Car Carrier with Full Marine DX Suite

NYK has ordered a next-generation pure car carrier from Shinkai Toyohashi Shipbuilding in Japan, equipped with an AI-enabled autonomous navigation suite and an expanded...