Market average on the Transpacific trade from Far East to US West Coast sits just above USD 2000 per FEU, the lowest it has been since end-2023, just as the Red-Sea crisis was escalating. While pace of the decline in June was high, rates are still sliding – falling 6% from end-July. This muted deterioration …
Ship owners and operators are under pressure to reduce costs without compromising ship reliability and performance – but ship maintenance can be expensive. Here are twelve simple ways to save money on ship maintenance. In a hurry? Here are the six key takeaways Unscheduled maintenance can cost you up to 50% more than planned maintenance. …
12 amazingly simple ways to slash ship maintenance costs Read More »
Detentions In the 2nd quarter of 2025, 73 DNV-classed vessels were detained. Most of those detentions, more than 80%, were recorded in the Tokyo and Paris MoUs, and the majority of the detentions involved containerships and bulk carriers: Detainable deficiencies A total of 252 detainable deficiencies were recorded during the PSC inspections, leading to 73 …
Port State Control – A summary of Q2 detentions Read More »
The maritime industry faces a dilemma. On the one hand, there is the need to switch from conventional bunker fuels to cleaner, greener alternatives. But on the other, there are issues to be overcome along the road to transition. Ship owners and operators face a complex puzzle as the desire to switch becomes an imperative …
Solving the maritime fuel transition puzzle Read More »
Safe Bulkers, Inc. (the Company) (NYSE: SB), an international provider of marine drybulk transportation services, announced today that it has entered into an agreement for the sale of MV Pedhoulas Merchant, a 2006 Japanese-built, Kamsarmax class, dry-bulk vessel, at a gross sale price of $11.5 million and delivery date in September 2025. Dr. Loukas Barmparis, …
Safe Bulkers, Inc. Announces Sale of a 2006-Built Kamsarmax Class Dry-bulk Vessel Read More »
Today, Monday 13 2025, the Baltic Dry Index climbed by 08 points, reaching 2025 points. Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic Dry hit …
Baltic Dry Index climbs to 2025 up 08 points Read More »
Minor bulk, made up of all dry cargo types that are not categorized as iron ore, coal, or grains, has consistently outperformed the previous year in terms of total tonnage exported. In July, this trend was no different as total tonnage of minor bulk exports grew by 8% compared with the same period last year. …
Bauxite, steel, and fertilizer: The push and pull of global geopolitics Read More »
In a sector as dynamic as shipping, curiosity is often the spark that drives meaningful innovation. For Klaveness Dry Bulk (KDB), curiosity, one of the four company values within the Klaveness Group, has evolved into a practical approach shaping how teams collaborate, explore solutions, and challenge long-held assumptions. “At its heart, curiosity for us is …
How Klaveness Dry Bulk turns questions into impact Read More »
The BIMCO Liquid Cargo database is intended for use by for shore-side staff and to some extent for newcomers to the tanker trade and should only be used as a reference tool providing brief information regarding the more than 360 of the commonly transported liquid cargoes including Condensate. Trade name/synonym name: Condensate is a MARPOL …
Liquid cargo of the month August 2025 – Condensate
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Today, Tuesday, August 12 2025, the Baltic Dry Index decreased by 21 points, reaching 2017 points. Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic Dry …
Baltic Dry Index falls to 2017 down 21 points Read More »
