Shipping Newsletter June 23rd 2025

Mike Scheideman
Total Views: 0
June 23, 2025


Top Story

Iraq will raise shipments of a key crude grade next month, part of an enlarged export program indicating that the OPEC+ nation is boosting its oil production.

Detyens

It was a relatively flat week for pricing on the major deepsea box shipping trades, with a scheduled mid-week general rate increase (GRI) failing to lift container spot rates on…

The European Union has adopted its 18th package of sanctions against Russia, with significant measures targeting the maritime sector and Russia’s shadow fleet operations that have been circumventing previous restrictions….

Drewry’s World Container Index recorded its fifth consecutive weekly decline on Thursday, dropping 2.6% as the market continues to cool following earlier tariff-driven volatility. The downturn comes after a significant…


Sponsored

Detyens Shipyards is a trusted leader in drydocking, conversions, and full-service ship repair. Our state-of-the-art facilities and deepwater access allow us to handle a wide range of vessels with precision and efficiency. Our experienced team is dedicated to delivering reliable solutions that keep your fleet operating at peak performance.

For drydock availability and more information, contact us at


Liner analysts have warned that the supply and demand curve will continue to widen before hitting a peak in 2028, as vessel orderbooks grow and demolition comes to “a near…

LNG Canada has loaded its fifth cargo, marking an accelerated ramp-up in exports, according to data from Kpler. The milestone shipment was lifted by PetroChina, which controls the Hong Kong-flagged…

The International Chamber of Shipping (ICS) has formally backed the International Maritime Organization’s (IMO) Net-Zero Framework (NZF), while stressing the need for clearer incentives to drive the maritime industry’s decarbonization…


Sponsored

Detyens Shipyards, Inc. USA, East Coast-One Stop Ship Repair Facility. Contact Brad Kerr for more details or drydock availability

Director of Sales & Marketing


New figures released by the International Transport Workers’ Federation (ITF) reveal a disturbing 30% year-on-year surge in seafarer abandonment cases worldwide in 2025. At least 2,286 seafarers on 222 vessels…

The Yemeni National Resistance Forces (NRF), led by General Tareq Saleh, have conducted what U.S. Central Command describes as “the largest seizure of Iranian advanced conventional weapons in their history.”…

Japanese shipper Kawasaki Kisen (K-Line) 9107.T is adjusting its U.S. services and is prepared to reroute more ships away to other regions as it braces for potentially higher U.S. tariffs, CEO Takenori…


2023 Unofficial Networks LLC


Tags:

Back to Main