Tanker Market Suddenly Turns Lower as Record VLCC Rates Start Falling
The first meaningful pullback has appeared in the extraordinary crude-tanker rally that pushed VLCC earnings above $1 million per day. Baltic Exchange…
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The first meaningful pullback has appeared in the extraordinary crude-tanker rally that pushed VLCC earnings above $1 million per day. Baltic Exchange…
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Iran’s Persian Gulf Strait Authority has expanded its so-called Non-Compliance List to 124 vessels, with Lloyd’s List identifying 43 additions since the…
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Drewry’s World Container Index rose 3% to $4,485 per 40-foot container on Thursday, October 15, reversing three consecutive weekly declines as Asia-Europe…
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ShipUniverse Black Sea Safety Stress Report At Least 30 Sailors Dead or Missing in 10 Days: Is the Black Sea Becoming Too…
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Iran has succeeded in moving at least eight LPG tanker cargoes totaling about 4.1 million barrels out of the Gulf of Oman…
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Shipyard Robotics 2030 Deployment Board Ten machines moving into shipbuilding Welding robots are already moving through assembly halls. Magnetic crawlers are stripping…
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HMM’s board approved KRW2.1678 trillion ($1.617 billion) of additional containership investment on October 15, covering eight newly ordered 13,000-TEU vessels plus four…
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A.P. Moller Capital agreed on October 15 to acquire 100% of Singapore-based Portek International from Mitsui through its Emerging Markets Infrastructure Fund…
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ShipUniverse Cruise Destination Economics Report Cruise Lines May Eventually Make More Money on Land Than at Sea A passenger steps off the…
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Marine biofuel demand has reversed sharply at the world’s largest bunkering hub. Singapore sold about 603,000 tonnes of marine biofuel from January…
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ShipUniverse Naval Decision Report China Builds, Britain Shrinks, America Waits Every major navy can point to a new frigate, destroyer or submarine…
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The UK government has approved Fairbanks Morse Defense’s acquisition of Truflo Marine under the National Security and Investment Act, but only subject…
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Four merchant ships were targeted in the western Black Sea during the October 14-15 overnight period, including vessels inside the territorial waters…
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Airbus’s next-generation transatlantic cargo ship has completed installation of six 35-meter-high Norsepower rotor sails in Shanghai and is preparing for sea trials…
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Maritime Decarbonization Capital Stress Test From $1 Million to $600 Million How Much Does Green Shipping Cost? LNG conversion, methanol, ammonia, batteries,…
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Two chemical tankers suffered fires overnight near the Romanian entrance to the Danube, placing a new maritime emergency directly inside the territorial…
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The U.S. Federal Maritime Commission has formally proposed charging $200,000 each time a Spanish-flagged vessel enters a U.S. port from a foreign…
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ShipUniverse Shipbuilding Cost Report From $333 Million Containerships to $4 Billion FPSOs A $333 million containership sounds expensive until it is parked…
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A United Nations plan to create a protected fertilizer corridor through the Strait of Hormuz remains stalled as the next major planting…
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ShipUniverse Cruise Capital Allocation Report Why Cruise Lines Are Buying Islands Terminals Resorts and More Ships Cruise companies are no longer betting…
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Marine Cargo • Shortage Reconciliation • Damage Surveys • Insurance Adjustment…
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