Capesize Market’s Rollercoaster Week Signals Bearish Turn for Dry Bulk Shipping
The positive momentum in the Capesize market from the previous week has been decisively reversed. According to the latest market reports, the Baltic Capesize...
Aframax and LR2 Markets Rally as VLCCs Continue to Slide and Suezmax Rates Find...
Rates for large-range (LR2) tankers shipping freight from the Middle East (MEG) saw a positive trend this week. The cost to move 75,000 tons...
Georgia Ports Posts Strong FY2025 Growth with Record Infrastructure Expansion
Georgia Ports Authority (GPA) handled 5.7 million TEUs in FY2025, an 8.6% increase from the prior year and the second highest in its...
Signal Ocean Dry Weekly: Capesize Ton Days Rise, C3 Market Rates Update
Capesize tonne-day demand saw strong Q2 growth, especially on Atlantic–Far East routes, but freight rates on the Brazil–China (C3) route declined amid rising...
Port Of Hamburg Leads Europe In Shore Power Adoption For Cruise Ships
The Port of Hamburg has established itself as a European frontrunner in the adoption of sustainable shore power infrastructure, well ahead of the EU’s...
Northern Lights Receives CO₂ Storage Tanks at Øygarden, Advancing Phase 2 Expansion
The Northern Lights joint venture has received nine new CO₂ storage tanks at its Øygarden terminal in Norway, marking a significant milestone in...
AD Ports Group And Egypt Sign MoU To Develop Crude Oil Storage Infrastructure
In a significant move to deepen economic ties and enhance regional energy cooperation, AD Ports Group has signed a Memorandum of Understanding (MoU) with...
BAE Systems And Kongsberg Expand Strategic Defence Collaboration
European defence giants BAE Systems and Kongsberg are deepening their longstanding partnership to bolster military capabilities across NATO allies.
After signing a Memorandum of Understanding...
Panama Comptroller Files Lawsuit to Nullify Hutchison Port Contract
Panama’s Comptroller General, Anel Flores, has filed a legal challenge with the country’s Supreme Court seeking to nullify the renewed contract of Panama Ports...
Ocean Network Express Posts $86 Million Q1 Profit Amid Geopolitical And Market Pressures
Ocean Network Express (ONE) has reported a net profit of US$ 86 million for the first quarter of fiscal year 2025, covering the period...
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APLICATIONS
Middle East Tonnage List And Market Trends
Crude Oil
Middle East
VLCC rates in the AG have remained on a steady path this week. The market on the surface has been relatively quiet...
