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Capesize The Capesize market started the week slowly due to the Hari Raya Puasa holiday in Singapore but gained momentum as trading resumed. The Pacific saw a midweek rebound, driven

A new report from the ITF Seafarers’ Trust (ITFST) and the World Maritime University (WMU) highlights the continuing absence of shore leave for the world’s seafarers. Analysing the data from

Global seaborne oil trade has worsened since the start of the year, with EU crude oil imports also on the retreat. In its latest weekly report, shipbroker Banchero Costa said

The global maritime industry is holding its breath as the International Maritime Organisation (IMO) races against time to finalise its crucial mid-term greenhouse gas (GHG) reduction measures. With the critical

The container freight market is undergoing significant changes that could have major implications for global trade flows. The latest UNCTAD report estimated that global trade saw a record expansion to

Newbuilding ordering activity has been on the rise over the past week. In its latest weekly report, shipbroker Intermodal said that “the shipbuilding market witnessed increased activity this week, with

The International Maritime Organization (IMO) has confirmed the expansion of the data reference model within the IMO Compendium on Facilitation and Electronic Business (IMO Compendium) following the conclusion of the

Geopolitical tensions in the Middle East and the resulting rerouting have disrupted shipping markets to varying degrees. A sudden end to rerouting poses considerable downside risks for the shipping industry,

The ship recycling market has maintained its subdued activity over the past week. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that “ship