News

As the industry explores multiple decarbonization pathways, methanol is gaining attention as a practical and scalable alternative fuel for deep-sea shipping. This is supported by over 450 methanol-capable vessels in operation and on order and technical solutions now available for all major ship types. DNV’s latest white paper, “Methanol fuel in shipping,” highlights that methanol-fuelled …

The transportation of liquefied natural gas (‘LNG’) will always involve a small part of the liquid cargo evaporating during carriage. This evaporation of the cargo, which varies in amount from ship to ship depending on design, is completely normal and necessary and is referred to as ‘boil-off’. Owners will typically warrant a set amount of …

The orderbook for bulkers hasn’t been refilled so far in 2025, with owners hesitant to place more orders, closing in at the lowest level since almost a decade. In its latest weekly report, shipbroker Intermodal said that “during the past few weeks, we have seen a notable resurgence in dry bulk newbuilding activity from Greek …

The FuelEU Maritime regulation differs from the EU Emissions Trading System in terms of reporting responsibilities and financial liabilities. DNV’s Emissions Connect can function as a trusted single source of truth for all stakeholders that supports fair cost allocation. The reporting requirements stipulated by the FuelEU Maritime (FEUM) regulation add another level of complexity to …

While the containership orderbook has surged to over 33% of the total fleet, next to none of these vessels are geared ships, according to data analysis by MSI in its latest HORIZON Monthly Containerships report. This could become a problem in the years to come as the geared fleet ages – 37% of geared containerships …

One of the biggest factors shifting crude oil flows could be removed from the equation, if peace negotiations to end the war in Ukraine reach a positive outcome. In its latest weekly report, shipbroker Gibson noted that “negotiations are ongoing, and the initial 28-point plan proposed by the US was countered by a 19-point plan …

Capesize The Capesize market delivered a robust and increasingly confident performance this week, with the BCI 5TC climbing steadily from the low $30,000s to close the week in the $37,000s. The Pacific set the tone early, where consistent miner participation and a busy slate of operator cargoes tightened the tonnage list and pushed C5 progressively …

The VLCC market is enjoying a strong upswing, with spot earnings consistently exceeding $100,000pd as rising OPEC supply has boosted vessel demand in the Arabian Gulf. With OPEC+ targets indicating an oversupplied oil market through 1Q26, the corresponding firm stocking requirements are expected to support elevated VLCC earnings in the near term. Meanwhile, skyrocketing freight …

Most coal exporting countries have seen lower exports so far in the year, with Indonesia being no exception. The main “culprit” is China’s diminished appetite for seaborne coal imports. In its latest weekly report, shipbroker Banchero Costa said that “in Jan-Oct 2025, global seaborne coal loadings declined by -3.6% y-o-y to 1,089.5 mln t (excluding …

This week’s analysis focuses on VLCC performance and the evolving Russian crude flows. Building on our October and November Special Editions, we have already outlined the main drivers behind the recent market surge. In the November edition, we emphasised how structural inefficiencies are increasingly shaping market behaviour, reflected in elevated tonne-days despite relatively softer tonne-mile …