Advanced Shipping & Trading has released its Weekly Shipping Market Report for Week 13 of 2025. The report highlights significant developments in the shipping industry, including a notable transaction involving the Newcastlemax vessel “Global Commander,” which is owned by Kotoku Kaiun. The “Global Commander,” a 207,000 deadweight ton vessel built in 2010, has been committed to Chinese interests for approximately USD 32 million.
The ship is registered in Universal, Japan, and is due for special survey in June 2025 and dry-docking in January 2026. This transaction underscores the ongoing demand for larger bulk carriers in the global shipping market. As the shipping industry continues to navigate challenges and opportunities, the report provides insights into current market trends and forecasts.
The investment in the “Global Commander” reflects the competitive nature of the market and the strategic positioning of shipping companies to meet the needs of their clients. Overall, the Weekly Shipping Market Report serves as a valuable resource for stakeholders in the shipping and trading sectors by offering timely information and analysis regarding market dynamics. For further details and to view the complete report, readers are encouraged to refer to the full document available through Advanced Shipping & Trading S.A. As the market evolves, keeping abreast of such developments is essential for informed decision-making in this ever-changing landscape.