Rising ownership concentration: What it means for the VLCC market

Sinokor Merchant Marine has swiftly established itself as a major operator in the VLCC segment, acquiring more than 50 second-hand vessels while also adding substantial tonnage through time-charter arrangements. The expansion has reportedly been financed through a $2.5–3 billion exit from its container shipping business, with proceeds strategically redeployed into the crude tanker market. The …

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Panamax Freight view – Indonesia Thermal Coal to India

This week’s focus highlights the softening trend in TSOP data flows for Indonesian thermal coal shipments to India, particularly within the Panamax vessel segment, toward the end of February. The deceleration in shipments coincided with adjustments to Indonesia’s reference coal pricing. The Indonesian Ministry of Energy and Mineral Resources (MEMR) lowered the mid-month Harga Batubara …

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The EU Maritime Services Ban That Didn’t Pass: Implications for Russian Trade

A Sanctions Escalation That Stalled The European Union’s proposed maritime services ban on Russia was expected to mark a structural escalation in sanctions enforcement. Instead, EU ministers failed to reach an agreement, delaying the adoption of the bloc’s 20th sanctions package after opposition led by Hungary, with at least one other member state also reported …

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India’s Maritime Investment Drive in Focus at SMM 2026

India is vigorously advancing the expansion of its maritime infrastructure. Ports, shipyards and logistics chains are being modernised, while investments in digitalisation and sustainable propulsion technologies are gaining momentum. This creates new market opportunities for international equipment manufacturers and technology providers. These developments will also be clearly visible at SMM 2026. During the recent Hamburg …

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