LNG and LPG Freight Markets Remain Subdued in Week 40

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LNG market remained largely flat, with minimal gains in the Atlantic and slight declines across most Pacific routes. Larger LNG vessels (174k cbm)...

New Report Ranks US Ports on Emission Cuts and Transparency

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Around 31 million Americans living near ports face severe health risks from diesel pollution emitted by ships, trucks, and cargo equipment. The Clean...

Danish Intelligence Warns Of Russian Naval Provocations In Baltic Waters

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Denmark’s Defence Intelligence Service reported multiple aggressive manoeuvres by Russian warships in the Danish straits, including near-collisions and radar targeting. One Russian vessel...

China Launches ‘Arctic Express’ as Major European Carriers Reject Northern Sea Route

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China's recent launch of a new "Arctic Express" container service through the Northern Sea Route (NSR) is setting up a strategic divide in global...

Capesize Declines Sharply, Panamax and Supramax Subdued by Asian Holidays

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The Capesize market endured a challenging week, marked by a steady decline in rates and a sharp deterioration in sentiment midweek. Capesize Market The Capesize market...

VLCC and Suezmax Rates Fall While Aframax Shows Mixed Trend

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The VLCC market softened this week, with rates falling in both Eastern and Atlantic regions, while Suezmax rates also saw a general softening across...

Shipping Disruptions Drive Marmara Wheat Prices to Five-Month High

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The recent surge in Marmara wheat prices has been driven by shipping constraints and their complex impact on Turkey's wheat import needs.  Wheat Price Surge...

Kalmar Secures Maintenance Contract for Noatum Ports Malaga Terminal

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The Noatum Ports Malaga Terminal functions as a strategic Mediterranean logistics hub and a multipurpose terminal capable of handling all types of cargo. The...

Salvagers Uncover Over 1,000 Coins on Florida’s Treasure Coast

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A team of divers from the salvage company 1715 Fleet – Queens Jewels LLC recently uncovered a haul of long-lost Spanish treasure estimated to...

Fuel Oil Demand Surges Beyond Expectations Amid Red Sea Disruptions

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Global demand for fuel oil used in ships and power generation is surging beyond previous forecasts, defying decarbonization efforts and International Maritime Organization (IMO)...
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