March 15, 2025
News
ABS Chairman and CEO: ‘Wild Card’ Carbon Levy Causes Caution and Concern Among Shipowners
The uncertainty surrounding the proposed carbon levy by the International Maritime Organization (IMO) is causing shipowners to exercise caution and…
March 15, 2025
News
Kongsberg Maritime Secures Contract for Design and Equipment of Olympic Group’s Subsea Construction Vessels
Kongsberg Maritime has secured a significant contract for the design of two multipurpose subsea construction vessels. These vessels, known as…
March 15, 2025
News
Axpo Launches LNG Bunkering in Spain with First MSC Delivery to Meet Rising Demand for Eco-Friendly Maritime Fuels
Axpo has successfully executed its inaugural delivery of liquified natural gas (LNG) to MSC in the port of Málaga, marking…
March 15, 2025
News
Affinity Tanker Weekly Report – March 14, 2025 Edition
Affinity Tanker Weekly Update – 14 March 2025 This past week has seen a surge in activity within the Very…
March 15, 2025
News
Oasis Weekly Recycling Market Report: Insights and Trends for March 14, 2025
The ship recycling markets in India, Bangladesh, Pakistan, and Türkiye are currently experiencing a blend of stagnation and cautious optimism.…
March 15, 2025
News
Drewry Reports 7% Decrease in World Container Index Over the Past Week
Drewry’s World Container Index has experienced a notable decline of 7%, bringing the average cost to $2,368 per 40-foot container…
March 15, 2025
News
FuelEU: A Multifaceted Challenge in Contrast to the ETS Framework
The implementation of FuelEU has emerged as a significant challenge for the maritime industry, prompting comments from experts like Roche,…
March 15, 2025
News
February Sees Growth in Tanker Market Trends and Activity
The tanker market showed significant growth in February, reflecting various trends across different vessel categories. Spot freight rates for Suezmax…
March 14, 2025
News
Is the US Facing Recession or Just a ‘Detox’? The Costs of Economic Downturns
U.S. Commerce Secretary Howard Lutnick recently suggested that experiencing a recession could be beneficial for implementing President Trump’s economic strategies.…
March 14, 2025
News
US Tariff Disputes Endanger Advancement in Pricing Strategies
The latest U.S. inflation report reveals a mixed picture of economic health. Consumer prices rose annually by 2.8%, still above…