Year: 2025

The uncertainty surrounding the proposed carbon levy by the International Maritime Organization (IMO) is causing shipowners to exercise caution and…

Kongsberg Maritime has secured a significant contract for the design of two multipurpose subsea construction vessels. These vessels, known as…

Axpo has successfully executed its inaugural delivery of liquified natural gas (LNG) to MSC in the port of Málaga, marking…

Affinity Tanker Weekly Update – 14 March 2025 This past week has seen a surge in activity within the Very…

The ship recycling markets in India, Bangladesh, Pakistan, and Türkiye are currently experiencing a blend of stagnation and cautious optimism.…

Drewry’s World Container Index has experienced a notable decline of 7%, bringing the average cost to $2,368 per 40-foot container…

The implementation of FuelEU has emerged as a significant challenge for the maritime industry, prompting comments from experts like Roche,…

The tanker market showed significant growth in February, reflecting various trends across different vessel categories. Spot freight rates for Suezmax…

U.S. Commerce Secretary Howard Lutnick recently suggested that experiencing a recession could be beneficial for implementing President Trump’s economic strategies.…

The latest U.S. inflation report reveals a mixed picture of economic health. Consumer prices rose annually by 2.8%, still above…