Top Stories.

The downward trend of Saudi Arabia’s crude oil exports has persisted so far in 2025, following the same pattern as during 2024. In its latest weekly report, shipbroker Banchero Costa said that “in Jan-Dec 2024, global crude oil loadings went up by a modest +0.4% yo-y to 2194.6 mln tonnes, excluding all cabotage trade, according ... […]

Elimination of risk in modern day supply chains is an unrealistic goal; the best supply chain professionals can hope for is to effectively navigate it to ensure resilience, according to a report from the OECD. Recent years have seen a surge in external pressures on the global supply chain: from the disruptions of the Covid-19 ... […]

Shaping the Future of Shipping Summit Mr. Emanuele Grimaldi, Chairman of the International Chamber of Shipping Your Excellencies Ministers, Distinguished guests, Dear colleagues, It is a great pleasure to welcome you all to the Shaping the Future of Shipping Summit here in the historic city of Athens. We are grateful for the warm hospitality of ... […]

Dry bulk ship acquisitions have been on the rise over the course of the past week, with more being reported. In its latest weekly report, shipbroker Banchero Costa said that “in the Bulk sector undisclosed buyers were behind the purchase of the Kamsarmax AOM SOPHIE II 82,000 dwt 2020 Japanese built sold at mid-$31 mln. ... […]

“In a possible sign that the unwinding of OPEC+ production cuts could increase seaborne volumes, the combined crude tanker loadings of OPEC countries has jumped 24% week-on-week to 2.281 million barrels per day (mbpd) in week 23, the bloc’s highest weekly loadings since April 2023,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO. Despite the ... […]

According to its most recent disclosure report, the majority of signatories to the Sea Cargo Charter (SCC) – a global climate alignment initiative developed by the Global Maritime Forum – reduced their emission intensity over the last year, reflecting the growing maturity, ambition and transparency of the charter. However, action will need to accelerate to ... […]

Ship recycling activity remained lacklustre last week, with markets across key recycling destinations closed during the holiday period. Best Oasis (www.best-oasis.com), a leading cash buyer of ships, said in its weekly report that “as operations now begin to resume, early market signals are beginning to emerge. The global ship recycling market faced a broadly weaker ... […]

The ICS Maritime Barometer Report 2024-2025, launched today by the International Chamber of Shipping (ICS), reveals a steady decline in confidence among global maritime leaders to manage the risks posed by increasing political instability, alongside a growing array of interconnected threats. The release of the report sets the context for discussions at the Shaping the ... […]

The maritime sector is entering a decisive decade. Regulatory frameworks are tightening, decarbonisation targets are drawing nearer, and investment decisions are becoming increasingly high stakes. From IMO 2030 and 2050 milestones to regional policies like Fuel EU Maritime and EU ETS, shipowners today are navigating a fast-evolving environment—one that demands not only compliance, but clarity ... […]

A new factor which could alter the current “status quo” in the global iron ore and dry bulk market is entering the foray. In its latest weekly report, shipbroker Intermodal said that “the long-awaited Simandou iron ore project in Guinea is poised to shift the global dynamics of iron ore supply and maritime trade. With ... […]