VLCCs Eye West Ballast for Rate Push, While Suezmax Sees Discreet Activity
Despite a seemingly ample supply of available vessels (a "populated tonnage list"), shipowners are demonstrating a strong resolve to prevent a significant downturn in the market. They appear determined to avoid a scenario where...
Capesize Pacific Rates Remain Anemic as Panamax and Supramax Sectors Find Momentum
The anemic state of Capesize Pacific rates (C5) continues to impact the overall dry bulk market significantly. Following a nearly 70% collapse in just two weeks, which saw the average spot index fall below...
Allied QuantumSea Examines Maritime Profiles of Top Exporting Nations
The Allied QuantumSea Research Team's focus this week shifts to the fundamental structure of global seaborne trade, examining it through the lens of the world's leading exporters. Drawing insights from the World Trade Organization's...
eCap Marine’s Containerized Fuel Cell Systems Set to Revolutionize Short-Sea and Coastal Shipping
Hamburg-based engineering specialist eCap Marine has secured two significant contracts to supply hydrogen-based propulsion systems for emission-free vessels, marking a notable step forward in the decarbonization of the maritime industry.
Powering Samskip’s Green Hydrogen SeaShuttles
eCap...
Bunker Market Steady as LNG Prices Rise, Scrubber Discharge Ban Set in Europe
Global bunker indices continue moderate growth
LNG demand from Europe pushes prices higher, narrows gap with MGO
Scrubber spread exceeds breakeven, supporting HSFO + scrubber economics
OSPAR bans open-loop scrubber discharges by 2027
...
K Shipbuilding Up for Sale After Turnaround, But Foreign Bidders Unwelcome
KHI Investment and UAMCO to sell 99.58% stake in K Shipbuilding
Seller avoids foreign PE firms, sees shipbuilder as strategic national asset
Company returns to profitability after 14 years of losses
Estimated sale...
Greek Tanker Operators Boost Vessel Defences After Series of Explosive Attacks
At least six tankers damaged in recent months, many linked to Russian oil trade
Greek-owned ships especially affected; operators enhance vessel security
Sabotage suspected, possibly involving limpet mines and professional actors
Risk heightens...
Newbuilding Orders Slow Sharply in H1 2025 Amid High Prices and Market Uncertainty
New ship orders across dry bulk, tankers, and gas carriers fall significantly in H1 2025.
High asset prices, regulatory ambiguity, and weak freight rates discourage owners.
Container sector bucks the trend, showing order...
Tariffs Tensions and Tonnemiles Drive Resilient H1 for VLCC Freight
VLCC earnings improve in early 2025 due to supply shifts, geopolitical risks, and long-haul demand from China and Brazil.
Trade re-routing and reduced U.S.-China shipments reshape tonne-mile patterns.
A tight newbuild orderbook and...
Capesize Weakness Drives Baltic Dry Index Down 28% Amid Chinese Import Slowdown
The Baltic Dry Index (BDI) has dropped significantly in recent weeks, signaling a tough environment for dry bulk shipping. Falling by 28% since mid-June, the index now stands at 1,431, largely due to a...