News

Trade Tensions Spillover to the Dry Bulk Market

The dry bulk market isn’t immune to the trade tensions which have been undergoing since the start of 2025. In its latest weekly report, shipbroker Intermodal said that “Beijing’s move to halt BHP-linked Australian iron ore cargoes, combined with tariff friction that clouds U.S. agricultural sales into China, especially soybeans, has accelerated a realignment that …

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Baltic hits two-week high after China pledges additional port fees on US ships

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, hit a two-week high on Monday on expectations of higher shipping costs after China pledged to charge additional ports fees for U.S. ships. The main index, which factors in rates for capesize, panamax and supramax shipping vessels, rose …

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Generative AI Will Reshape Shipping Within 18 Months

At the 17th Annual Capital Link Shipping & Marine Services Forum, held during London International Shipping Week, Windward’s Co-Founder and CEO, Ami Daniel, issued a striking forecast: “In the next 12 to 18 months, you’ll see generative AI change how people analyze and make decisions. In my view, everybody will be a PhD-level analyst with …

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DNV launches first-of-its-kind tender portal to accelerate e-methanol adoption for industry and shipping

DNV is launching the industry’s first public tender portal for e-methanol procurement within the European Union and the United Kingdom. The initiative connects a leading e-methanol producer with industrial offtakers across EU and UK markets, creating a new pathway to secure long-term, reliable supplies of this key low-carbon fuel. As the global energy transition accelerates, …

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China’s iron ore imports rise to a record in September

China’s iron ore imports in September climbed 10.6% from the month before to hit a record high for a single month, as improving demand and higher prices spurred miners to step up shipments. The world’s largest iron ore consumer brought in 116.33 million metric tons of the key steelmaking ingredient last month, staying above 100 …

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China’s September coal imports rise to nine-month high

China’s coal imports rose to a nine-month high in September as rising domestic prices made imported coal more competitive, but shipments remained below year-earlier levels, customs data showed on Monday. Coal imports by China, the world’s largest consumer of the fuel, totaled 46 million metric tons last month, according to China’s General Administration of Customs. …

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Five Aspiring Maritime Professionals Win the Navatrade Scholarships for the ICS Maritime Programme 2025–2026

The Institute of Chartered Shipbrokers (ICS) Greek Branch is pleased to announce the successful completion of the selection process for the Navatrade S.A. Scholarships, established in memory of the company’s founder, George Sklavounos. Five young professionals have been selected to receive a partial scholarship each to attend the ICS Professional Maritime Programme for the academic …

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Iron ore gains as upbeat data outweighs renewed Sino-US trade tension

Iron ore futures gained on Monday as robust steel export in top consumer China, along with lower ore shipments, outweighed concerns over renewed Sino-U.S. trade tensions. The benchmark November iron ore on the Singapore Exchange added 0.79% to $107.2 per metric ton, as of 0808 GMT, after touching its highest level since September 22 at …

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Tanker Markets Could Be Supported by Indian Demand

The tanker market, both products and crude tankers could be the subject of increased demand from India in the coming months. In its latest weekly report, shipbroker Gibson said that “until recently, Indian CPP exports were broadly flat for the past 9 years, averaging around 1.2mbd. Whilst domestic refining capacity grew over this period, incremental …

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