US INCREASES SANCTIONS ON IRANIAN OIL AND TANKERS AFTER TALKS ARE REJECTED Hours after reports surfaced that Iran’s supreme leader Ayatollah Ali Khamenei was rejecting Donald Trump’s overtures for new talks, the U.S. Department of the Treasury announced a new round of sanctions targeting the oil industry and tankers. The move by the Office of […]
15
Mar
Mar
TANKER WEEKLY MARKET MONITOR: VLCC AG SUPPLY This week’s focus is on the evolution of VLCC net supply growth in the Arabian Gulf (AG), the performance of Baltic Rates, and a comparative analysis of Gross Supply versus Cargo Demand over the next 10, 20, and 30 days. VLCC Net Supply Trends, Baltic Rates Performance & […]
14
Mar
Mar
VIETNAM’S SHIPBUILDING INDUSTRY – OPPORTUNITIES & CHALLENGES Vietnam’s shipbuilding industry is poised for growth, with advantages like a long coastline, rising demand for maritime transport, and strong support from government policies.But as we sail further, bigger waves await — the industry must tackle challenges such as technological innovation, green development, and improving competitiveness. The talk […]
14
Mar
Mar
BULKER NEWBUILDING CONTRACTING PLUNGES 92% TO LOWEST LEVEL IN DECADES in Dry Bulk Market,International Shipping News 14/03/2025 “During the first two months of 2025, bulker newbuilding contracting dropped 92% y/y to the lowest level in at least 30 years. While contracting in January was low, no new ships were ordered in February. Weak freight rates, […]
06
Mar
Mar
DISCOVER CRITICAL THINKING WITH SEAFARER CLUB! Have you ever found yourself in situations like these?😵💫 Someone says something that sounds reasonable… but feels kinda off?🤔 You want to respond, but before you can gather your thoughts, they’ve already changed the topic?😭 You stay silent, only to come up with brilliant arguments after the conversation is […]
06
Mar
Mar
BULKER SHIPPING FACES TOUGH YEAR AS CHINA’S MANUFACTURING SECTOR WEAKENS in Dry Bulk Market,International Shipping News 06/03/2025 The dry bulk sector, which handles a diverse mix of commodities, has recently lost momentum. In February 2025, the Baltic Dry Index dropped to its lowest level since early 2023, far below the highs of 2021-22. Dry bulk trade demand […]
05
Mar
Mar
GLOBAL SHIPPING: NAVIGATING THE WAVES OF GEOPOLITICS The shipping industry has faced turbulent times over the past few years, and 2025 looks no different with high trade disruption risks. This uncertainty challenges shipping companies and shippers to prepare for various scenarios. Tanker shipping is most vulnerable to geopolitical issues due to its ties to sensitive […]
24
Feb
Feb
OCEAN CURRENT ENERGY – CLEAN POWER FOR VIETNAM’S FUTURE As the world accelerates its energy transition, Vietnam stands at the threshold of a groundbreaking opportunity: harnessing ocean currents—a clean, continuous, and renewable energy source unaffected by sunlight or wind fluctuations. With the right strategy, ocean current energy could become a cornerstone of Vietnam’s green economy, […]
24
Feb
Feb
DRY BULK SHIPPING: INDIA’S COAL IMPORTS SLOWLY India’s coal imports edged downwards during 2024, having a negative impact on dry bulk shipping. In a recent weekly report, shipbroker Banchero Costa said that “in Jan-Dec 2024, global seaborne coal loadings increased by +2.4% yo-y to 1,371.8 mln t (excluding cabotage), based on vessel tracking data from […]
23
Feb
Feb
OIL FALLS 2% BUT STILL SET FOR SLIGHT WEEKLY GAIN ON SUPPLY JITTERS Oil prices fell 2% on Friday but were still on track for a weekly gain on supply disruptions in Russia while uncertainty loomed over a potential peace deal in Ukraine. Brent futures fell $1.42, or 1.9%, to $75.06 a barrel by 10:48 […]
