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Chinese owners have dominated ordering activity at Chinese shipyards, accounting for over 65% of them, with foreign-based owners scaling back their contracting, because of the looming uncertainties. In its latest weekly report, shipbroker Xclusiv said that “Chinese shipyards remain firmly at the center of the global newbuilding landscape, capturing the lion’s share of both bulker …

“Iron ore shipments to China have risen 7% y/y since the end of June, following a stable period during the first half of the year. However, Chinese steel production has remained weak, leading to a build-up of portside inventories which reached an eight-month high in week 45,” says Filipe Gouveia, Shipping Analysis Manager at BIMCO. The …

The global push to tackle climate change has slowed. Ten years on from the Paris Agreement, no major G7 country appears on track to meet its 2030 emissions reduction goals. Announced goals for 2035 lack ambition, suggesting too many governments are kicking the can down the road. It is increasingly acknowledged that the world will …

The ship recycling market has been varying in performance, depending on the individual market. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships, said that “the Indian market showed some recovery last week, with renewed buying interest offering a sense of improvement. However, with Bangladesh continuing to pay notably higher …

Do you want to power your whole ship or replace diesel auxiliary generators? Do you want to use hydrogen, ammonia or methanol to generate energy? These are legitimate questions when it comes to purchasing marine fuel cells, highlighting their flexibility, says Dr. Andreas Bodén, SVP & CTO of PowerCell Group. Many marine uses Fuel cells …

Houthi militia have reportedly ceased attacks on Israel and shipping in the Red Sea (source: AP) – the impact would be seismic for global ocean container shipping, but an immediate largescale return to the region will require a series of further assurances, analysts warn. Peter Sand, Chief Analyst at Xeneta – the ocean and air …

Ship owners poured funds into more tanker newbuildings over the past week. In its latest weekly report, shipbroker Banchero Costa said that “in the bulk sector, Belgian owner EBE Maritime placed an order of 1 x 210,000 DWT Newcastlemax to China’s Qingdao Belhai shipyard. The vessel will be dual fuel ammonia ready and delivery is …

In the Pilbara, BHP is doubling down on growth, pledging A$1.4 billion to enhance Port Hedland infrastructure and sustain export capacity near 305 million tonnes per annum (Mtpa). The investment signals confidence in steady, high-volume output from Western Australian miners through 2026. Brazil’s Vale posted 94.4 Mt in Q3 2025, its strongest quarterly output since …

In a significant decision for marine insurers, the Court of Appeal has agreed with the Commercial Court that a pay first provision in a marine insurance policy was valid and effective. Consequently, the insurer of an insolvent assured could rely on this provision to avoid liability to third parties seeking to bring a direct claim …

The LNG shipping segment seems to be on rising tide, after the latest geopolitical developments and the US emerging as a major exporter of natural gas. In its latest weekly report, shipbroker Intermodal said that “October proved to be a robust month for the LNG shipping segment, providing a welcome lift to spot rates, largely …