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Ship recycling is exhibiting signs of divergence across the major markets. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships, said that “the Indian market

Baltic Exchange has launched a series of new Aframax tanker benchmarks, TD28 and TD29, in response to shifting global trade dynamics, escalating geopolitical tensions, and a dramatic surge in Canadian

Data highlights Market average spot rates – 15 October 2025: Far East to US West Coast: USD 1653 per FEU (40ft container) Far East to US East Coast: USD 2588

The second hand ship market has seen many new deals over the past week. In its latest weekly report, shipbroker Banchero Costa said that “in the bulk sector, the Panamax

According to the BBC and many other publications US-China trade tensions back as port fees take effect. The BBC says, “ The US and China started charging new port fees

Containership charter rates have remained on a steady upwards trajectory this year and remain 200% higher than in 2019, despite slumping spot freight rates (see chart), to which some carriers

The trade tensions have officially spilled over to the shipping industry. In its latest weekly report, shipbroker Xclusiv said that “Beijing has answered Washington’s planned port dues with its own

China’s suspension of US soybean imports amid trade tensions has disrupted seasonal shipping flows, with no cargoes arriving so far this season. Typically, 12 million tonnes move from the US

The maritime industry faces a pivotal moment as it adapts to regulation, including the new IMO Net-Zero Framework (pending adoption), aimed at reducing ship greenhouse gas emissions. DNV’s latest Maritime