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Latest data from Clarksons Research shows that after three bumper years of orders, the appetite for newbuilds among owners is weak, down 57% year-on-year, which has also seen newbuild prices finally edge down. Clarksons is reporting newbuild prices are down 1.2% from the start of 2025, though they are still historically firm. Prices have dropped …
https://splash247.com/newbuild-prices-edge-down/
https://splash247.com/newbuild-prices-edge-down/The vintage state of the global tanker fleet is leading to severe inefficiencies, with new data showing how many rust buckets have to spend more time not moving or in ballast. Data from broker Gibson shows 51% of the total tanker fleet of 25,000 dwt and above is aged 15 years and older and 22% …
https://splash247.com/inefficiencies-proliferate-across-ageing-global-tanker-fleet/
https://splash247.com/inefficiencies-proliferate-across-ageing-global-tanker-fleet/NEW YORK, May 18, 2025 — The celebration of a Mexican Navy tall ship Cuauhtemoc turned into a maritime disaster Saturday night when it collided with Brooklyn Bridge. Two people were killed and 17 injured, including two seriously.Last night,…
https://www.marinelink.com/news/mexican-navy-ship-slams-brooklyn-bridge-525842
https://www.marinelink.com/news/mexican-navy-ship-slams-brooklyn-bridge-525842China’s soybean imports recently dipped to a 12-year low, and trade estimates suggest the overall intake pace could still be sluggish by mid-year. But top supplier Brazil has harvested a record crop and its latest export volumes to China have hit all-time highs. So how does this all fit together? For one, soybean import data ...
https://www.hellenicshippingnews.com/light-chinese-soy-imports-should-raise-eyebrows/
https://www.hellenicshippingnews.com/light-chinese-soy-imports-should-raise-eyebrows/Capesize The Capesize market closed the week on a firm and optimistic note. Early activity was stifled by the Vesak Day holiday in Singapore, and while initial trading was subdued, sentiment remained bullish from the previous week, underpinned by stronger bids and tightening tonnage. In the Pacific, although early-week rates softened slightly amid heavy enquiry, ...
https://www.hellenicshippingnews.com/dry-bulk-market-capesizes-step-on-higher-ground/
https://www.hellenicshippingnews.com/dry-bulk-market-capesizes-step-on-higher-ground/NEW YORK, May 18, 2025 — A celebratory voyage turned into a maritime tragedy Saturday night as the Mexican Navy's tall ship Cuauhtémoc collided with the Brooklyn Bridge, resulting in two fatalities and 17 injuries, including two critically.The incident occurred at approximately 8:20 p.m.
https://www.marinelink.com/news/mexican-navy-ship-slams-brooklyn-bridge-525842
https://www.marinelink.com/news/mexican-navy-ship-slams-brooklyn-bridge-525842On International Women in Maritime Day, Sakura Kuma, senior advisor at Mitsui OSK Lines (MOL), outlines how the maritime industry could more effectively make use of its innate diversity. Shipping is a truly international business and I was drawn to a career in the industry as the result of the opportunity it offered to deal …
https://splash247.com/why-diversity-makes-business-sense/
https://splash247.com/why-diversity-makes-business-sense/Woodside Energy's decision last month to proceed with its Louisiana LNG export facility was the first of over 90 million tonnes of new LNG shipping capacity U.S. companies plan to approve this year despite uncertainty about President Donald Trump's trade war…
https://www.marinelink.com/news/us-lng-exporters-continue-new-projects-525832
https://www.marinelink.com/news/us-lng-exporters-continue-new-projects-525832Israel attacked Yemen's ports of Hodeidah and Salif along the country's Red Sea coast on Friday, the Houthi-run Al Masirah TV said, in an apparent response to the militant group's missile launches against Israel.Al Masirah did not provide further details…
https://www.marinelink.com/news/israel-attacks-yemeni-ports-says-525833
https://www.marinelink.com/news/israel-attacks-yemeni-ports-says-525833French shipping group CMA CGM will reorganise its global fleet to avoid U.S. port fees on Chinese-built vessels that are due to take effect from October, the company's finance director said.The port charges are another operational headache for shipping firms wrestling with the fallout from U.S.
https://www.marinelink.com/news/cma-cgm-redeploy-fleet-avoid-us-port-fees-525834
https://www.marinelink.com/news/cma-cgm-redeploy-fleet-avoid-us-port-fees-525834