Tanker Market Report Shows VLCC Strength and Diverging Trends in Product...

VLCC markets in the Middle East and West Africa showed signs of recovery, with firming sentiment driven by steady enquiry and improving AG...

Panama Blocks Older Tankers to Reduce Shadow Fleet Risks

Crackdown on Shadow Fleet: Panama Tightens Ship Registration Rules. Panama Targets Sanction Evasion with New Ship Age Limits. Older Tankers and Bulk Carriers...

Rough Seas Off Peru Cause 50 Container Loss and Port Closure

Around 50 containers were lost overboard in rough seas off Peru’s coast. The incident occurred while the vessel was anchored in Callao Bay. ...

Vessel Hits Jetty While Approaching Locks, Full Extent of Damage Under...

A general cargo vessel, flying the Barbados flag, was involved in an incident on July 30th while en route from Rotterdam Waalhaven to the...

Malaysian Authorities Target “Shadow Tankers” with Increased Patrols and Detentions

The Malaysian Maritime Authorities are intensifying their efforts to combat illegal maritime activities, specifically focusing on unauthorized anchoring and ship-to-ship (STS) transfers. Given its...

SCZONE’s Investment-Led Growth Strategy Overcomes 54% Drop in Suez Canal Transit...

Egypt’s General Authority for the Suez Canal Economic Zone (SCZONE) reported a 38% year-on-year revenue increase in the fiscal year 2024/25, reaching EGP 11.43...

Capesize Market’s Rollercoaster Week Signals Bearish Turn for Dry Bulk Shipping

The positive momentum in the Capesize market from the previous week has been decisively reversed. According to the latest market reports, the Baltic Capesize...

Aframax and LR2 Markets Rally as VLCCs Continue to Slide and...

Rates for large-range (LR2) tankers shipping freight from the Middle East (MEG) saw a positive trend this week. The cost to move 75,000 tons...

Georgia Ports Posts Strong FY2025 Growth with Record Infrastructure Expansion

Georgia Ports Authority (GPA) handled 5.7 million TEUs in FY2025, an 8.6% increase from the prior year and the second highest in its...

Signal Ocean Dry Weekly: Capesize Ton Days Rise, C3 Market Rates...

Capesize tonne-day demand saw strong Q2 growth, especially on Atlantic–Far East routes, but freight rates on the Brazil–China (C3) route declined amid rising...