Alternative-Fuel Vessel Orders Maintain Momentum Despite Market Slowdown
LNG-Fuelled Container Ships Dominate October Orders.
222 Alternative-Fuelled Vessel Orders Placed in 2025 So Far.
DNV attributes a 52% Decline to the Overall Newbuild Market Weakness.
Data from DNV’s Alternative Fuels Insight (AFI) platform...
Trump–Xi Breakthrough Sparks Relief in Maritime Sector as USTR Tariffs Lifted
After causing headaches and logistical issues across the maritime sector, the meeting between Trump and Xi Jinping appears to have resulted in the cancellation of the US Trade Representative’s (USTR) Section 301 tariffs targeting...
VLCC Boom: Crude Tanker Market Hits Five-Year High as Winter Demand Surges
The crude tanker market has suffered many false starts over the past few years. This is not one of them. The rally that began in September is reaching new heights as winter approaches.
VLCC rates...
Container Rates Steady as U.S.–China Pause Port Charges
The U.S. and China temporarily suspended reciprocal port fees for a year following high-level talks.
The pause in port charges and tariff adjustments is expected to restore confidence among exporters.
Freight rates on...
Daphne & Maran Gas Lead Methane Abatement Breakthrough
Daphne Technology and Maran Gas Maritime, part of the Angelicoussis Group, have announced the successful completion of their joint pilot project — the first-ever shipboard trial of the SlipPure™ Plasma-Catalytic Methane Slip Aftertreatment system....
Hanwha and HavocAI Forge US Partnership to Advance Autonomous Maritime Systems
The Hanwha Group has entered into a strategic collaboration with HavocAI—a US-based specialist in autonomous maritime systems—to accelerate its push into the US market and advance shipping technology within the maritime industry.
Under the agreement,...
CMA CGM Marks Cautious Return to Red Sea Route with Ultra-Large Asia–Europe Containership
The French shipping group CMA CGM is taking a measured step toward reintroducing ultra-large containerships (ULCs) to the Red Sea corridor. According to Lloyd’s List, the 17,859 TEU CMA CGM Benjamin Franklin is preparing...
IMO Sets Revised Timeline for Net-Zero Framework Adoption
The decision by the International Maritime Organization (IMO) to postpone the adoption of its Net-Zero Framework (NZF) has resulted in a revised timeline for the global decarbonization measure. The framework, which includes the proposed...
Capesize Rates Rebound on Trade Truce and Firmer Fixtures, Panamax and Supramax Rates Drift...
After a slow start, the market found midweek momentum before easing again, with Friday seeing limited activity across both basins and the week ending on a quieter note.
Capesize
Early softness gave way to improving sentiment...
VLCC, Suezmax, and Aframax Markets Post Significant Gains in Daily TCE Earnings
MEG LR2’s continued their upward trajectory this week on freight. The TC1 75kt MEG/Japan index climbed another 18 points up to WS141 with the corresponding TCE returns pushing up to $32,600/day basis
VLCC
The VLCC markets...