Latest News

The tanker market rose during the month of February, OPEC said in its latest monthly report. Dirty spot freight rates showed gains across almost all monitored routes in February. VLCC

Any regulatory developments focussed on reducing GHG emissions from shipping would increase global demand for low emissions fuels such as ammonia, methanol and hydrogen. Passage and implementation of these IMO

The maritime industry is grappling with the intricacies of FuelEU Maritime, a regulatory landscape that has proven far more complex than its predecessor, the EU Emissions Trading System (ETS). Speaking

Greek shipping is particularly exposed to Chinese-built vessels and could be impacted if the US moves ahead with its proposal to impose tariffs on all Chinese-built ships entering its ports.

“During the first two months of 2025, bulker newbuilding contracting dropped 92% y/y to the lowest level in at least 30 years. While contracting in January was low, no new

This week’s focus is on the evolution of VLCC net supply growth in the Arabian Gulf (AG), the performance of Baltic Rates, and a comparative analysis of Gross Supply versus

The ship recycling market has remained lackluster over the past week, continuing the same trend. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said

The second week of March confirmed signs of a firming sentiment in Capesize Brazil-to-North China rates, with the vessel count of ballasters continuing to hover at lower volumes compared to

Baltic Exchange has introduced a series of green fuel options to its FuelEU voyage and compliance cost calculator as more shipowners, traders and charterers seek to understand the commercial implications