Everllence alcanza la orden N° 2.000 de motores de combustible dual tras un pedido de Cosco
Hito se concreta con motores para 12 portacontenedores de 18.000 TEUs en construcción en Jiangnan Shipyard
Baltic Dry Index Down for 5th Day
The Baltic Exchange’s dry bulk index, which tracks rates for vessels transporting dry commodities, was down for a fifth consecutive day on Friday, falling by 0.7% to a fresh low since January 23 at 1,923 points. The capesize index, which typically transports 150,000-ton cargoes such as iron ore and coal, declined by 1.1% to 2,918 …
Freight Markets at an Inflection Point: Geopolitics, Supply, and Demand Shifts
The average VLCC ballast speed in the AG area is now edging toward the upper range of 11.9, which aligns with the upward trend in TD3C rates. Amid rising Middle East tensions and geopolitical shifts, TD3C was indicating a soft downward trend into Friday’s close in the previous week, but the move proved short-lived, with …
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IMO DCS 2024: A reality check for shipping
The IMO Secretariat has submitted a summarised report on the data collected in 2024 through the IMO Data Collection System (DCS). This data will be reviewed by the MEPC during its next session in April 2026. Drewry’s Energy Transition team closely tracked this verified data to assess the industry’s progress. Trends in fuel consumption Annual …
Venezuela’s Oil Policy Shift and the Rising Maritime Risk Landscape
How Venezuela’s Oil Reform Is Changing Maritime Risk In late January 2026, Venezuela’s legislature approved sweeping reforms to the nation’s oil laws, effectively opening its statedominated energy sector to private and foreign investment in a dramatic policy shift after more than two decades of socialist control. This overhaul aims to attract capital and increase production …
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Xeneta Schedule Reliability Scorecard – 2025 Year in Review – Carriers
Welcome back to Xeneta Schedule Reliability – A Year in Review. We’ve drilled down all the way from global reliability to trades and alliances, arriving at last to carrier rankings. Xeneta covers reliability for over 200 operators across more than 25,000 port pairs. Our report today focuses on a small but significant selection of these carriers. …
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Maritime Defense Weekly: Maritime Enforcement Is Accelerating
The Week in Focus U.S. maritime enforcement expanded beyond Venezuelan waters, with continued interdictions tied to oil sanctions signaling a shift from monitoring to physical enforcement at sea, regardless of distance from the original sanctions theater. European authorities conducted their first high-seas interdiction of a dark fleet tanker, boarding the falsely flagged aframax GRINCH (IMO …
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Singapore’s fuel oil stocks inch up 3% coming into February
Singapore’s residual fuel oil stocks have averaged 3% higher so far in the first week of February than across January, Enterprise Singapore’s latest data shows. Changes in monthly average Singapore stocks from January to February (so far): Residual fuel oil stocks up 650,000 bbls to 24.20 million bbls Middle distillate stocks up 520,000 bbls to …
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Storm Leo brings chaos to Spain and Portugal; shipping delays across Europe
Storm Leo has brought high winds and torrential rain across large parts of Spain and Portugal, forcing ports and shipping companies to suspend operations. The severe weather system hit the region on Tuesday 3 February and is expected to persist until Saturday 7 February, with wind and up to a year’s worth of rain forecast …
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Kongsberg Maritime – a global technology partner
As previously announced, Kongsberg Gruppen ASA (KONGSBERG) will demerge Kongsberg Maritime as a separate publicly listed company. The decision was approved at an Extraordinary General Meeting in KONGSBERG on 22 January 2026, and Kongsberg Maritime is planned to be listed on Euronext Oslo Børs in April 2026. As part of the preparations for the demerger …
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