Latest News
The latest energy, maritime and bunker industry news worldwide.
Latest News
The latest energy, maritime and bunker industry news worldwide.
Keeping You Informed
Final call for IMO-WISTA International survey to count on gender diversity progress
Further improving maritime gender diversity will take action as well as attitude, writes WISTA International President Elpi Petraki, in a final call for submissions to the Women in Maritime survey.
Ship Recycling Market Still in Decline
The ship recycling market has continued its lackluster mode over the past week. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that “this
Dry Weekly Market Monitor: Panamax Market (ECSA Ballasters & Demand)
As January draws to a close, the Capesize Brazil–North China freight market maintains a relatively stable sentiment. Although highs have yet to be achieved, the market remains steady. In contrast,
Crude oil tanker newbuild deliveries drop 74% to 36-year low
“In 2024, new crude oil tanker deliveries dropped to a 36-year low as only 17 new tankers, with a capacity of 2.5m deadweight tonnes (DWT), joined the fleet. Compared to
Greek Shipping Hall of Fame announces Induction Ceremony & Dinner 2025
The Greek Shipping Hall of Fame has announced that this year’s Induction Ceremony will take place on the evening of Monday 12 May 2025 at Megaron, The Athens Concert Hall.
Performance Shipping Inc. Extends Time Charter for M/T P. Monterey at US$28,000 Per Day for Twelve Months
Performance Shipping Inc., a global shipping company specializing in the ownership of tanker vessels, today announced that, through a separate wholly-owned subsidiary, it has extended the time charter contract with
Newbuilding Orders Are Piling Up Again
Newbuilding ordering activity is starting to pick up again after the recent holiday season break. In its latest weekly report, shipbroker Banchero Costa said that “in the container segment, German
Container sector bullish after stellar 2024, but downside risks could prompt 2025 slowdown
The time charter (TC) rates for Post Panamax container vessels rose by 111% year-on-year (y-o-y) in 2024, hitting 73,330 USD/Day, and has led to a huge uptick in newbuild orders
Drewry: Sympathy for the shipping executive
Do not expect container lines to immediately return to Suez Canal transits after the Houthis say they will stop attacks on shipping. The return of Donald Trump is another wildcard