News

Port congestion across key Northern European hubs is intensifying, with Bremerhaven particularly affected by labour shortages during the recent holiday period. Compounding the situation, low water levels on the Rhine are limiting barge capacity, particularly out of Antwerp and Rotterdam—further straining inland logistics. Major gateways including Antwerp, Rotterdam, Hamburg, and Bremerhaven are now grappling with …

Larger bulkers were in demand in the S&P market over the past week. In its latest report, shipbroker Banchero Costa said that “in the Bulk sector, the Capesize TRADERSHIP 176,000 dwt 2006 Namura built was reported sold to undisclosed buyers at $19 mln. As comparison, in March ARABELLA 177,000 2005 Namura built was sold at …

On the occasion of the Presidency of Greece, the United Nations Security Council convened a high-level open debate on the theme of “Strengthening Maritime Security through International Cooperation for Global Stability”, under the item “Maintenance of international peace and security”, in the Security Council Chamber at UN Headquarters, on 20 May 2025. The debate was …

Today’s intense macro-economic and geopolitical uncertainty may soften demand for seaborne dry bulk commodity imports but may also mute dry bulk ship orders over the next quarters. It has been just over a month since tariffs were announced by President Trump, and despite recent positive developments with China and the UK, it is anyone’s guess …

The global seaborne trade routes appear to be steadily return to their “factory settings” after a series of positive developments over the past few weeks. However, everything is still shaky and could reverse at any time. In its latest weekly report, shipbroker Xclusiv said that “in a notable development for global trade, the United States …

With growing industry attention focused on the latest USTR port fees, we take a closer look at the evolution of the dry bulk fleet, particularly in light of a noticeable slowdown in new contracting activity. According to Signal Ocean Orderbook Data Analytics – Dry Bulk Fleet Projection Analysis, between 2020 In 2024, the global dry …

10 days ago on 11 May, businesses were caught in a tariff limbo amid dramatic decreases in container shipping demand on the major trade from China to the US. The fact there is now talk of a spike in freight rates following the announcement of a temporary lowering of tariffs between the US and China …

The ship recycling market has remained stagnant over the past week. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships, said that “the global ship recycling market remained largely stagnant this week, with limited activity across key regions. In India, conditions were unchanged, with persistent liquidity issues and weak steel …

The current market conditions in the global shipping industry resemble the mid-cycle transition seen in previous shipping cycles – a phase where the market appears stable on the surface, but underlying pressures are quietly building. That’s the central message of a new white paper from Veson Nautical, a global leader in maritime data and freight …

With extensive coastlines on both the Pacific and Atlantic Oceans, the US is a maritime nation. The US economy and national security depend on sea power. In the early 1950s, the US had approximately 1,288 US flagged vessels engaged in international trade. Currently, a meager 80 US flagged vessels are engaged in international trade. In …