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Tanker rates surge on Middle East activity
02 Mar 2025
Strong demand for crude exports pushes VLCC earnings to $60,000/day, the highest in six months.
BDI up 5% on capesize demand
28 Feb 2025
The Baltic Dry Index climbs to 1,892 points as iron ore shipments boost capesize rates.
New environmental rules take effect 2026
25 Feb 2025
IMO announces stricter EEXI and CII requirements; owners prepare for retrofits.
Scrubber spreads widen
20 Feb 2025
Price gap between high‑sulfur and low‑sulfur fuel oil reaches $220/tonne, boosting scrubber payback.
Container spot rates stabilize
18 Feb 2025
After months of decline, Asia‑Europe rates find support at $2,800/TEU.
LNG carrier newbuilding orders surge
15 Feb 2025
Q1 2025 sees 25 new LNG carriers ordered as shipyards book slots through 2028.