Lately, several of our Members have reached out regarding specific cases or for more general guidance on the topic, as the updated STCW Code from 1 January 2026 will include requirements of training on harassment and bullying. This training must include a basic understanding of harassment, its consequences and a trauma-informed approach. Having strong policies …
Harassment on board: A trauma-informed approach Read More »
China’s product steel exports has been rising with over 25% growth so far in 2025. In a recent weekly report, shipbroker Banchero Costa said that “steel products are one of the most important dry bulk commodities, accounting for almost 4 percent of all seaborne dry bulk trade. Total seaborne exports of steel products on bulkcarriers …
Dry Bulk Shipping: China Steel Exports Rally So Far in 2025 Read More »
Soybean flows from Argentina to China in 2025 tell a striking turnaround story. Early in the year, shipments (blue line) lagged 2024 levels (grey line), but from April onward, they overtook them and stayed strong through Q3. The April harvest ignited momentum, and the mid-year slump that weighed on 2024 was largely avoided. Soybeans now …
Dry Bulk Weekly Monitor: Argentina soybeans to China Read More »
“Nuclear energy is stepping forward as a credible long-term solution” stated Christopher Wiernicki, Chairman and CEO of the American Bureau of Shipping, as some of the world’s leading shipowners and operators gathered at ARGO: New Nuclear for Greek Maritime in Athens earlier today. At the Summit, over 120 high-level industry leaders welcomed the increasing pace …
Greek owners to play important role in development of the nuclear for maritime sector Read More »
The region’s shipping community is increasingly aware of the need to cut emissions and is taking steps towards decarbonization. While progress is uneven, responses from shipping companies, ports, suppliers, and civil society point to both growing awareness and readiness to act, particularly in relation to skills, safety, infrastructure, and alternative fuels. These are the findings …
Warnings, advisories and piracy incidents in the Indian Ocean Area by the UKMTO in the past week. Source: UKMTO (United Kingdom Maritime Trade Operations)
UKMTO Weekly Piracy Report 20 – 26 September 2025 Read More »
The VLCC tanker market has shown significant strength over the past couple of weeks. In its latest weekly report, shipbroker Xclusiv said that “the VLCC market has shifted gears in September. On our Baltic series, the benchmark rose from about USD 45,155/day on 1 September to USD 87,532/day on 18 September — a 94% surge …
VLCC Market Firing on All Cylinders Read More »
Global Perspective Global coal demand reached 8.79 billion tons in 2024, marking a new record. According to the IEA’s Coal Mid-Year Update 2025 (July, 2025), consumption is expected to plateau at similar levels in 2025, reflecting a critical shift. In China, coal demand fell by around 0.5% in the first half of 2025, as electricity …
Is coal trade entering a turning point? Read More »
With global carbon capture and storage markets poised for rapid expansion, a corresponding scale-up of the CO₂ carrier fleet is needed. A DNV white paper explores the key considerations in the design, construction and operation of CO₂ carriers. Carbon capture and storage (CCS) is rapidly emerging as a critical enabler of global decarbonization. DNV’s recent …
Designing safe CO₂ carriers for a growing CCS market Read More »
25 September is the UN World Maritime Day, and the theme in 2025 is “Our Ocean, Our Obligation, Our Opportunity”. In recognition, we are taking a closer look at accidental pollution – a subject of concern both to the public and to P&I insurers like Gard that insure shipowners against pollution liabilities. Let’s review both …
Ship source pollution – learning from experience Read More »
