VLCC Boom Reshapes Tanker Market in 2025
VLCC Owners Enjoy Exceptional Profits Amid Sanctions and Low Supply.
Older VLCCs See $5 Million Value Gain Since Start of Year.
Suezmax Segment Emerges as Strong Alternative to Costly VLCCs.
VLCC freight rates have...
U.S. Moves to Sanction Ships Funding North Korea’s Weapons Programs
Washington Targets Vessels Exporting North Korean Coal and Iron Ore.
U.S. Official Says Action Aims to Ensure Accountability.
Russia and China’s Support Remains Uncertain.
In the next few days, the United States plans to...
UP World LNG Shipping Index Posts Strong Rebound in Week 44, Driven by Rate...
The UP World LNG Shipping Index (UPI), which tracks listed LNG shipping companies, showed a strong rebound in Week 44 of 2025, reflecting renewed investor confidence and confirmation of firm technical support in the...
Coast Guard Extends Mariner Credentials Amid Shutdown to Prevent Domestic Fleet Labor Disruption
The federal government shutdown, now approaching its fifth week, has forced the U.S. Coast Guard to issue critical mitigation measures, extending the validity of various mariner documents to prevent a major disruption to the...
Buran’s Arctic Struggle Highlights Operational Risks for Russia’s LNG Shadow Fleet
The struggles of the LNG carrier Buran in the Chukchi Sea highlight the significant operational and strategic risks Russia faces in attempting to maintain energy exports from its Arctic LNG 2 project outside the...
India Repositions Shipping as Essential Component of National Strategy and Security
The India Maritime Week event, headlined by the Prime Minister, signifies a crucial shift in Indian government policy, moving beyond viewing shipping merely as a business to recognizing it as an essential component of...
Container Rates Retreat as Easing US-China Tensions Threaten Carrier Restoration Efforts
The recent agreement between the US and China, along with the tentative return of some container ships to the Suez Canal, has mixed and potentially disruptive ramifications for the container shipping market.
Ramifications of the...
Vessel Evades Boarding Attempt off Somalia Crew Safe
The United Kingdom Maritime Trade Operations (UKMTO) has reported a security incident approximately 332 nautical miles east of Mogadishu, Somalia. The event underscores ongoing concerns about maritime safety in the region, where recent reports...
JNPA Investment Strategy Heavily Weighted Towards New Vadhvan Port Development
The memorandums of understanding (MoUs) signed by the Jawaharlal Nehru Port Authority (JNPA) for projects worth over ₹2.2 trillion cover both its existing facility, Jawaharlal Nehru Port (JN Port), and the major new development,...
Seatrium Sells Brazilian Subsidiary To Enhance Capital Efficiency
Singapore-based Seatrium has announced that it has entered into a binding agreement with Brazil’s Posidonia Shipping and Trading to sell 100% equity interest in its indirect wholly owned subsidiary, Guanabara Navegação Ltda (GNL). The...