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The tanker market faced a downward correction during the month of December, OPEC said in its latest monthly report. Dirty tanker spot freight rates dipped in December following the strong

Chart of the Week| AG Supply Vs Demand • Despite some encouraging short-term signals, the underlying demand is not yet strong enough to fully warrant the current positive sentiment in

In the race to re-fuel the shipping industry with environmental alternatives to heavy fuel oil, methanol has its staunch supporters. The greener, leaner fuel also has a firm foundation to

The tanker market could be thrust forward by the potential scrapping of some 350 tankers, which are estimated to form a main part of the sanctioned Venezuelan trade. In its

2025 marked a turning point for shipping’s decarbonisation journey. In September, shipowners faced their first compliance deadline under the EU Emissions Trading System (EU ETS), requiring vessels that called at

The global shipping industry has reached a historic turning point. After more than two centuries of reliance on fossil fuels, shipping has begun to transition towards cleaner propulsion systems as

The ship recycling market had a modest week overall. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that in India “the market softened

This weekly market monitor provides an analysis of the latest freight market developments. The focus is on Capesize losses, the subsequent downward adjustments in iron ore flow volumes, and the

“In 2025, seaborne coal shipments to China fell 10% as domestics supply increased and demand from steel manufacturing and electricity generation weakened. The decline affected shipments out of Indonesia, the