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...
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...
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,...
Sharp Rise In Groundings And Injuries As Norway Reports 589 Maritime Incidents In H1...
The Norwegian Maritime Authority has released its Accident Status Report for the first half of 2025, highlighting a notable increase in serious maritime incidents.
Between...
Mounting Criticism Over Hazardous Shipbreaking Practices And Lack Of Oversight In Turkey
Concerns are intensifying over environmental and labor safety violations in Turkey’s ship recycling sector, as a series of recent events have reignited calls for...
Panama Strengthens Seafarer Protection And Maritime Cooperation At IMO Visit
During a recent official visit to the headquarters of the International Maritime Organization (IMO), Panama reaffirmed its strong commitment to seafarers' rights, highlighting key...
GTT Leads Development Of Next-Generation 200,000 m³ LNG Carrier
In a major move toward decarbonising maritime transport, GTT has launched a Joint Development Project with seven industry leaders to design a next-generation LNG...
Hapag-Lloyd Orders Milestone 1,000th Dual-Fuel ME-GI Engine From Everllence
Hapag-Lloyd has marked a major industry milestone with the order of the 1,000th B&W ME-GI dual-fuel engine, reaffirming its commitment to sustainable shipping.
The commemorative...
Trafigura Deepens Maritime Tech Investments Through ZeroNorth Alliance
Trafigura has entered a strategic alliance with maritime tech firm ZeroNorth to enhance fleet efficiency and sustainability.
The company will implement ZeroNorth’s AI-powered...
Global Ship Lease Gains Continued Investor Confidence with Affirmed Credit Ratings
Global Ship Lease’s credit ratings were reaffirmed by Moody’s, S&P, and Kroll, all maintaining stable outlooks.
The ratings reflect the company’s strong cash...
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APLICATIONS
Seanergy Achieves 12% Fuel Savings From Route Optimisation Tool
Deep Sea Technologies has collaborated with Seanergy’s Capesize vessels to achieve a reduction of fuel consumption of up to 12%, with average fuel savings...
