Sunday

29-06-2025 Vol 19

Month: June 2025

Container Market May Have Reached Its Peak

The container shipping market appears to have reached its peak, with notable declines in rates for various trade routes. Recently,…

VLCC Tanker Market Surges Amid Rising Tensions in the Middle East

The VLCC tanker market is currently experiencing significant shifts largely driven by ongoing tensions in the Middle East, particularly between…

Capesize Market Struggles as Dry Bulk Sector Faces Challenges Last Week

The Capesize market experienced a decline last week, particularly in the Pacific where sentiment softened significantly. C5 rates faced pressure…

Tanker Market Affected by Warfare and Geopolitical Tensions: A Deep Dive into Current Trends

The tanker market is currently grappling with the impact of war and geopolitical tensions. According to data from Gibson, approximately…

German and Latvian Partners Sign MoU to Highlight Maritime Technologies and Foster Digital Innovation

A Memorandum of Understanding (MoU) has been established to enhance bilateral cooperation and promote digital innovation in maritime technologies between…

Höegh Sunrise, announced in Japan, sets new standards for deep-sea shipping as Aurora Class.

Today, shipping contributes to about 3% of global emissions, with deep-sea transportation responsible for 90% of that figure. The industry…

EU Port Strategy: Establishing a State Aid Framework to Enhance Competitiveness and Achieve Objectives

The EU Port Strategy is in need of a comprehensive State Aid Framework designed to enhance the competitiveness of the…

Israel Resumes Limited Gas Exports Despite Ongoing Conflict; Egypt Awaits Developments

Israel has resumed limited natural gas exports amid ongoing tensions with Iran, according to the country’s Energy Ministry. This decision…

Israel Crisis Disrupts Crude Needs, Affects Regional Gas and Electricity Supply

The recent conflict in Israel has significantly disrupted the country’s crude oil requirements and regional gas supply. Following an attack…

China’s May Fuel Oil Imports Plummet to Lowest Monthly Levels of the Year

In May, China recorded its lowest fuel oil imports for the year, with significant declines reported in both imports and…