Tanker Market Report: Regional Disparities Shape Weekly Trends
VLCC activity picked up in the East, offering slight rate improvements; Suezmax and Aframax segments remained subdued.
West Africa and US Gulf VLCC exports saw limited gains, with owners hoping for stronger demand...
U.S. Ports See Slower Container Growth as Market Adjusts
U.S. Ports' imports fell 6.4% year-on-year in May, totaling around 1.95 million TEUs.
June volumes are expected to rebound slightly, but remain below 2024 levels.
Significant year-on-year declines are projected from August through...
May 2025 Seaborne Trade Data Shows 1.8 Percent Growth Across Most Shipping Lanes
Global Seaborne Trade rose 1.8% year-on-year in May 2025.
North America recorded sharp declines, with intra-regional trade falling by 26.6%.
February was the only month in 2025 with negative growth so far.
Cumulative...
IHI and Vopak to Jointly Develop Ammonia Terminal in Japan
IHI and Vopak to launch joint venture for ammonia terminal in Japan.
Project targets safe and efficient ammonia storage to support Japan’s energy transition.
Operations expected to commence by Japanese fiscal year 2030.
On...
Trade Tensions and Geopolitics Weigh on Dry Bulk Market
Decoupling accelerates as US returns to tariff-driven policy stance.
Dry bulk market grapples with freight volatility, supply overhang, and trade uncertainty.
Tanker attacks and shifting trade routes revive Red Sea war risk premiums
The...
Tariff Pause Ends as US-Bound Freight Rates Fall While Asia–Europe Trade Gains Ground
Freight rates to US fall as tariff pause ends; early peak season likely concluded.
Volumes and rates rise on Asia–Europe routes, hinting at trade flow shifts.
FBX indexes show weekly declines on US...
India-Cyprus Maritime Cooperation Fuels Record-Breaking Shipping Sector FDI
In a significant boost for India's maritime sector, two prominent Cypriot shipping companies, Interorient Navigation Co. Ltd. and Danship & Partners Ltd., have announced a substantial collaboration to invest ₹10,000 crore (approximately USD 1.2...
IG Clubs and CDSA Ink SPRO Agreement in China for Ship Pollution Response
IG and CDSA Release Aligned SPRO Agreement and Tariff.
2025 MSA SPRO Template Simplifies Framework; Legal Gaps Addressed by Sample Agreement.
Group Clubs Encourage Members to Adopt Standardized Terms for Contracting with SPROs
The...
ReCAAP Warns of Concerning Spike in Asian Maritime Crime
According to data released by the Information Sharing Centre of the intergovernmental anti-piracy group ReCAAP, there has been a concerning surge in maritime crime in Asia during the first half of 2025. From January...
Capesize and Panamax See Robust Week, Supramax Follows Suit
The dry bulk shipping market saw varied performance across segments this week, with Capesize and Panamax showing strong positive momentum, particularly in the Atlantic. At the same time, the Supramax sector also enjoyed a...