News Flash
Indian subcontinent ship recycling market hits rare May supply squeeze
The Indian subcontinent (especially India and Pakistan) ship recycling market has entered a rare period of inactivity, with Wirana Shipping’s...
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Does timing matter when selling FuelEU surplus?
Selling FuelEU compliance surplus early offers lower risk. Waiting until the end of the pooling year could deliver higher payoffs,...
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Baltic Dry Index Falls to Near 1-Week Low
The Baltic Exchange’s dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, was down for a...
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Genco Shipping & Trading Limited Sends Letter to Shareholders from Chairman and CEO John Wobensmith
Genco Shipping & Trading Limited, the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today sent...
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Diana Shipping Inc. Cautions of Significant Downside Risk in Genco’s Share Price
Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels that is...
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From disruption to possibility: how ocean shippers can provide agility and long-term resilience
Global trade is in an era defined more by uncertainty than stability. Tariffs, evolving regulations, geopolitical unrest, and even the...
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Panama Canal schedules June maintenance as backlogs, higher auction rates emerge
The Panama Canal has scheduled maintenance on the east lane of the Gatun Locks from 9-17 June as the waterway...
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Korean shipbuilders speed orders on LNG, tankers, lift margins
Korea’s major shipbuilders have filled about half of their key order targets in just over four months this year. As...
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What does AI-powered actually mean in Shipfix
In 2018, the shipping and commodity trading world had no shortage of headlines. The U.S.-China trade war was reshaping global...
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Platts Iron Ore Index: Anchoring pricing clarity in a changing market
Introduction Over nearly two decades, the Platts Iron Ore Index (IODEX) has developed, supported by the industry, into a benchmark...
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Biofuel Bunker Snapshot: B30 prices gain in Rotterdam and Singapore
Rotterdam and Europe Rotterdam’s B30-VLSFO (POMEME) price has increased by $28/mt since Monday. Conversely, the port’s conventional VLSFO price has...
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Five Weeks Into the Ceasefire, Hormuz Is Operating Under Control
Operational Overview Five weeks into the ceasefire, the Strait of Hormuz remains constrained, opaque, and increasingly managed through selective access....
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Hormuz closure drives record tanker rates, boosts Teekay earnings
The effective closure of the Strait of Hormuz and the loosening of Venezuelan crude flows propelled midsize tanker rates to...
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VLCC Market Treading Carefully Amid Uncertainties
Clean LR2 The TC1 75kt MEG/Japan index continued along just under the WS550 mark this week. A voyage west also...
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Global LPG flows on the road to recovery
Global seaborne LPG exports have recovered back toward the five-year average in May after a sharp disruption due the Middle...
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Chinese-built world’s largest methanol dual-fuel container ship begins sea trials
A Chinese-built methanol dual-fuel container ship that can carry 24,000 standard containers, the world’s first of its kind, departed from...
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Shanghai ports set 58m TEUs goal during 15th Five-Year Plan
Shanghai’s evolution into an international shipping center has entered a critical transition from scale expansion to capacity enhancement as the...
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AD Ports Group Announces Formation of UAE’s First Shipbuilders Consortium
AD Ports Group (ADX: ADPORTS), a global enabler of integrated trade, transport, industry, and logistics solutions, has announced the formation...
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ABS Issues AIP Certificate for Floating Data Center Design from Samsung Heavy Industries
ABS issued approval in principle (AIP) to Samsung Heavy Industries (SHI) for its design of a 50-megawatt floating data center....
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Diana Shipping Inc. Announces Direct Continuation of Time Charter Contract for m/v Polymnia with Oldendorff Carriers
Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced...
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