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OPEC countries have recorded their highest weekly crude tanker loadings since April 2023, with a significant 24% week-on-week increase to 2.281 million barrels

Paul Pathy, President & CEO of Canada’s leading dry bulk shipping company Fednav, has made history by becoming BIMCO’s first President from the

BIMCO, the world’s largest shipping association and one of the primary providers of standardized contracts and charter party agreements used in the

Dry bulk vessel orders have collapsed to their lowest level in three decades, with newbuilding contracting plummeting 92% year-over-year in the first two

Canadian crude tanker exports have skyrocketed by 59% year-to-date, reaching 618 thousand barrels per day (kbpd), up from 388 kbpd during the same period last

Three years after Russia’s invasion of Ukraine, a dramatic shift in Black Sea shipping patterns has emerged, with Ukraine’s dry bulk shipments

The heads of major shipping organizations convened in Athens this week to address the escalating crisis of seafarer safety and rights, with a particular focus

Ship transits through the Panama Canal remain significantly lower than historical averages, with capacity down 10% between September 2024 and January 2025

New crude oil tanker deliveries hit a 36-year low in 2024, with only 17 new vessels joining the global fleet, representing a capacity of 2.5 million deadweight

The product tanker sector is bracing for a monumental surge in fleet capacity, with newbuild deliveries projected to reach 12 million deadweight tonnes (DWT)

The container shipping industry is poised for unprecedented growth as its orderbook hits historic highs, with potential major implications for global maritime

BIMCO, a leading shipping industry association, has launched a Ship Recycling Alliance to accelerate the implementation of safe and environmentally sound

Dry bulk ship recycling has plummeted to its second-lowest level in 16 years, with only 45 ships recycled so far in 2024, according to BIMCO, the world’s

The global container shipping industry is experiencing a significant surge in fleet expansion, according to recent data from BIMCO. Despite initial signs of a

Product tanker contracting so far in 2024 has reached an 18-year high, marking a 17% increase compared to the previous year, according to BIMCO. The world’s

India now sources 40% of its crude oil imports from Russia, with year-to-date volumes averaging 1.6 million barrels per day (mbpd), according to BIMCO. This

The shipping industry has witnessed a record delivery of 1 million Twenty-foot Equivalent Unit (TEU) of container ship capacity in the first four months of

Ship recycling has plummeted to its lowest point in two decades as ships are kept in operation longer due to a combination of market shocks, strong demand, and

A group of prominent shipping associations have released revised security guidance for navigating the Southern Red Sea and Gulf of Aden in response to a series

The global containership fleet is set to exceed the 30-million TEU mark for the first time in history in 2024, as a wave of new containerships hit the water,