Tanker Markets Ease As Tonnage Lengthens And Activity Slows Across All Segments

The global tanker market experienced downward pressure this week, with all major crude segments VLCC, Suezmax and Aframax showing signs of softening. Limited activity, longer tonnage lists, and selective chartering have contributed to easing...

Alpha Bulkers Enters Containership Market With Orders For 11 Newbuilds

Greek dry bulk specialist Alpha Bulkers is expanding beyond its traditional business model, making its first strategic move into the containership sector. The company has reportedly placed orders for 11 conventionally fuelled boxships across...

Singapore Updates Maritime Rules for 2026 Compliance

SOLAS Amendments Take Effect on 1 January 2026. Lifting Gear, Firefighting Foam, and Inclinometer Rules Tightened. Polar Code Scope Expanded to More Ship Types. The Maritime and Port Authority of Singapore has released a...

Russian Oil Revenues Slide Sharply in November

Oil and Gas Revenue Drops a Third as War Costs Climb. US Sanctions Deepen Discount on Russian Crude. Quarterly Tax Cycle Amplifies Month-to-Month Collapse. Russia’s oil revenues took a significant hit in November, plummeting...

Shadow Fleet Demand Drives Vintage Tanker Buying

Russia, Iran, Venezuela Boost Hunt for Aged VLCCs. Shadow Fleet Renews Ships While Scrapping the Oldest Units. Shipbreakers Expect More Demolition as HKC Rules Bite. Tanker operators involved in sanctioned trades are still on...

Common MARPOL VI PSC Failures Rise Across Fleets

Missing Engine Parameter Records Lead to NOx Non-Compliance. EGR and SCR Issues Continue to Appear in PSC Checks. Fuel Sulphur Checks and Change-Over Errors Remain Widespread. Ships are required to have valid EIAPP Certificates...

Shipping Investors Fear Geopolitical Rate Upside Could Unwind in 2026

Red Sea reopening risks hit container and product tanker outlook. Russia-Ukraine peace talk rumours pressure crude and product tanker equities. Tariff unwind scenarios weigh on US–China trade-driven inefficiencies. VLCC stocks took a step back...

WMU Releases 2025 Arctic Report Highlighting Urgent Need for Stronger Protections

Within the margins of the International Maritime Organization (IMO) Assembly meetings, on 2 December, the World Maritime University (WMU), in collaboration with the 90 North Foundation, announced the release of the 2025 Arctic Report:...

IMO Updates NOx Code to Allow Onboard Testing for Modified Marine Engines

The International Maritime Organisation’s MEPC 83 (April 2025) adopted a number of amendments to the NOx Technical Code 2008 in Resolution MEPC.398(83). They include Parent Engine test requirements for a marine diesel engine. New IMO...

[Watch] Fuller Hull, Bigger Squat: The Block Coefficient Effect

The block coefficient (CB) is a measure of how “full” a ship’s hull form is, calculated by comparing the vessel’s underwater volume to the volume of a rectangular block with the same length, breadth,...