Capesize Rates Rise as Dry Bulk Sector Shows Diverging Trends
The dry bulk market saw mixed results with Capesize vessels ending the week on a firm note, while Panamax and Ultramax/Supramax markets faced pressure,...
VLCC Rates Climb in Middle East and US Gulf, While Aframax...
A weekly report on tanker markets shows a dramatic improvement for Very Large Crude Carriers (VLCCs), while the Suezmax and Aframax sectors experienced a...
Chinese Crude Imports Set to Plateau as Inventories Hit Record Highs
Over the course of 2025, China's seaborne crude imports have increased by 3% compared to 2024, averaging 10.3 mbd. However, much of this growth...
New EU Sanctions Package Targets Russian LNG and Financial Loopholes
The European Union is planning to implement a 19th package of sanctions against Russia that includes a ban on imports of Russian liquefied natural...
Maiden Voyage on Track as Disney Destiny Reaches a Major Milestone
The Disney Destiny has left the Meyer Werft Shipyard in Papenburg, Germany, marking a major milestone in its construction. The approximately 20-mile journey down...
Port Houston Maintains Strong Growth with 5% Tonnage Increase
Port Houston sustained growth in August, with total tonnage across its public terminals increasing by 5% year-to-date through August 2025. This growth follows a...
EU Unveils 19th Sanctions Package Targeting Russia’s Oil Exports And Shadow...
The European Union has announced its 19th sanctions package against Russia, introducing tougher measures on energy companies, shadow tankers, and foreign oil buyers that...
Finnmaster Fire Prompts Calls For Stronger International Maritime Fire Safety Standard
A 2021 fire aboard the Finland-registered roll-on/roll-off cargo vessel Finnmaster has prompted calls for international changes to maritime fire safety regulations. The UK Marine...
IMO Explores Onboard Carbon Capture And Storage As A Path To...
Onboard Carbon Capture and Storage (OCCS) is gaining momentum as a promising solution to reduce greenhouse gas (GHG) emissions from international shipping. To highlight...
Port Of Barcelona Marks One Year Of Onshore Power Supply At...
The Port of Barcelona is celebrating one year since the successful launch of its Onshore Power Supply (OPS) system at the BEST terminal. The...