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Singapore-listed Rex International is pressing ahead with offshore development drilling in Oman after its unit Masirah Oil secured a jackup rig for work at the Yumna field. Masirah Oil said …

Tor Olav Trøim-backed VLCC newcomer Bruton has exercised options for two additional newbuildings at China’s New Times Shipyard, continuing its steady build-up in the supertanker market. The Oslo-listed company confirmed …

Palau revamps shipping register

The government of the republic of Palau has reinstated Panos Kirnidis to head its ship registry, six weeks after taking the flag under state control after the US slapped sanctions …

The Federal Maritime Commission, America’s shipping regulator, has decided to fine Mediterranean Shipping Co (MSC) $22.67m for three infringements of the country’s Shipping Act. The first violation, which occurred during …

Athens-based pool operator and shipmanager Heidmar has pulled the plug on its first-ever vessel acquisition after mutually terminating the deal a feeder containership. The Nasdaq-listed company said the agreement, announced …

Signal Ocean snaps up AXSMarine

Signal Ocean has made a move to tighten its grip on shipping data and software, announcing the acquisition of French-based SaaS specialist AXSMarine. The deal brings together two well-known names …

Mediterranean Shipping Co (MSC) is moving back into the mid-sized containership segment with a fresh newbuilding order at China’s Yangzhou Guoyu Shipyard. Market sources say the world’s largest containerline has …

ICS flag table names and shames

The International Chamber of Shipping (ICS) has published its latest annual flag state performance table, accessible here, giving the shipping industry a clear overview of which registers to avoid. The …

The secondhand tanker market has delivered yet another exceptionally active week, with VLCCs once again drawing strong interest from buyers. One noticeable shift is the tightening availability of modern VLCCs, …

Sinokor and MSC lead the way

In a nutshell, sales and purchase for dry bulk has been firm in January, hot for containers and sizzling for the largest tankers, the latter down to the plot hatched …

Analyst Abstract

Tankers The dramatic January 3 capture of Venezuelan president Nicolás Maduro by US forces and Washington’s ongoing campaign to detain Venezuela‑linked tankers have begun to redraw the crude trade map, …

Counter-intuitive containers

December data for US containerised imports show a 2% increase from November to 2.23m teu, though year-on-year imports were down 0.4% as the frontloading of cargo in the first part …

Sluggish start for dry bulk

Early in the month there were several days when no capesize fixtures were reported at all on the less liquid routes. On a number of days in January, brokers reported …

Tanker markets go bang

2026 has begun with a series of bangs as Donald Trump has aggressively pushed forward with his ‘Donroe Doctrine’of US dominance over the western hemisphere. His actions against Venezuela including …

January 2026 Review

Washington’s hardline campaign against Caracas escalated dramatically with the January 3 capture of president Nicolás Maduro by US forces. Since then, the Trump administration has made it clear it intends …

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