Top Stories.

The impact of potential U.S. tariffs in a series of countries and regions could have be significant in the shipping markets. In its latest weekly report, shipbroker Xclusiv said that “U.S. President Donald Trump’s decision to impose a 25% tariff on all steel and aluminum imports marks a significant shift in the U.S.’s trade policy, ... […]

The evolving geopolitical landscape surrounding the Russia-Ukraine war and global energy markets presents critical implications for crude oil supply and trade dynamics. As diplomatic efforts emerge to end the conflict, the oil market is closely monitoring potential changes in supply, demand, and pricing. Impact on Russian Crude Oil Exports Since the European Union’s embargo on ... […]

In the long run, alternative fuels are expected to help shipping achieve net zero greenhouse gas (GHG) emissions by 2050. However, the inescapable fact is that the majority of the current world fleet cannot be retrofitted to run on alternative fuels, meaning they will rely on fossil fuels for the rest of their economic lives. ... […]

The ship recycling market has kept on facing a challenging landscape. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that “the global ship recycling market remains weak and sluggish, with low demand and limited transactions across key destinations. India continues to struggle as market activity slows, further impacted ... […]

Under current and prospective policies from the IMO, EU, and US, the business case for green shipping corridors could improve markedly – but not sufficiently – according to a new report published by UMAS, UCL and the Global Maritime Forum (GMF). Titled ‘Building a Business Case for Green Shipping Corridors’, the report looks at the ... […]

The sharp decline in Australian dry bulk flows in early 2025, as depicted in the data, can be directly linked to the severe disruptions caused by Cyclones Sean and Zelia. These extreme weather events led to temporary port closures, infrastructure damage, and halted mining operations, particularly in the ore-rich Pilbara region. The significant drop in ... […]

The market for second hand ships has been expanding so far this year, with more deals being reported. In its latest weekly report, shipbroker Banchero Costa said that “in the dry bulk segment, SENTOSA CHALLENGER 81,600 dwt 2020 Imabari built (SS and DD due Apr 2025) and SENTOSA SPIRIT 81,911 dwt 2020 Tsuneishi Zosen were ... […]

LNG’s role in the energy transition is growing, especially with the uptake in shipping. Martin Cartwright, Global Business Director, Gas Carriers & FSRUs at DNV, explores this trend, the challenges of meeting future LNG demand, and key safety considerations for bunkering. LNG markets are experiencing significant growth. This surge is driven by rising global demand ... […]

The International Chamber of Shipping (ICS) has issued its annual Flag State Performance Table for 2024/25, a key resource for shipping companies. Using a wide range of objective performance indicators, the ICS Table provides an analysis of the extent to which flag State administrations adhere to their responsibilities to follow global standards and regulations governing ... […]

Handysize ships’ prices are trending higher, despite an overall lackluster freight market sentiment. In its latest weekly report, shipbroker Intermodal said that “in recent years, geopolitical uncertainty has been a defining characteristic of the global landscape. The recent election of the U.S. President has been followed by numerous announcements regarding tariffs, including the latest imposition ... […]