US Eyes Expanded Tech Sanctions to Close Loopholes for Chinese Firms
On Friday, May 30, 2025, major stock averages, including the S&P 500, experienced a downturn, falling 1%, in response to reports that the United States is planning to expand its technology sanctions against China....
Panamax Market Faces Another Challenging Week with Persistent Softening
The Capesize dry bulk market showed significant momentum this week, recovering from a slow start primarily attributed to Monday's UK bank holiday, reports Baltic Exchange.
Capesize
The Capesize market experienced a significant surge in strength this...
VLCC Rates Plummet Across Global Routes, Weakening Tanker Market Sentiment
The LR2 tanker market in the Middle East Gulf (MEG) experienced a downward correction over the past few days, after peaking at the end of last week, reports Baltic Exchange.
VLCC
The VLCC (Very Large Crude...
A New Course for Green Shipping: Italy Pioneers Unified LNG and Bio-LNG Bunkering Guidelines
In a significant stride towards maritime decarbonization, Italy has become the first European Union country to issue unified Ship-to-Ship (STS) bunkering guidelines for both Liquefied Natural Gas (LNG) and Bio-LNG across all its national...
Isle of Man Ship Registry Issues Revised Shipping Notice on Fire Protection System Maintenance
The Isle of Man Ship Registry has recently issued a new shipping notice, specifically Manx Shipping Notice (MSN) 057 (Revised 05/2025), which outlines the minimum level of maintenance and inspection required for fire protection...
Container Report – Week 22: Modest Rate Changes as Asia-Med Shows Growth
The FBX01 (China/East Asia to USA West Coast) rate ended the week at $2,770 per FEU, and FBX03 (China/East Asia to USA East Coast) rose slightly to $3,985 per FEU.
The FBX13 (China/East...
Weekly Gas Report – Week 22: LNG Slows Down, LPG Picks Up
LNG rates declined further due to weaker transatlantic demand and vessel oversupply.
LPG rates increased modestly across major routes as vessel availability tightened and market sentiment improved.
Last week’s gas market report by Baltic...
US-China Trade Clash: New Export Limits on Aircraft and Semiconductors Announced
China suspended exports of critical minerals globally but may ease restrictions for certain semiconductor firms.
The US is intensifying visa restrictions on Chinese students, especially those with ties to the Chinese Communist Party...
MSC Expands West Africa Service with 24,000 TEU Ultra-Large Vessels
MSC has introduced 24,000 TEU ultra-large container vessels on its Africa Express service, connecting key Asian markets with major West African ports.
The arrival of MSC Diletta and MSC Türkiye demonstrates MSC’s long-term...
IMO Net Zero Framework Highlights Ammonia Dual-Fuel Ships and E-Fuel Uncertainty
Ammonia dual-fuel ships emerge as the most competitive option from the mid-2030s, with potential cost advantages starting as early as 2028 under expected policy incentives.
Conventional fuel-only vessels are no longer competitive, limiting...