Latest maritime market updates and reports
Splash247
Frontline has successfully fixed two modern VLCCs in the spot market, following their recent high-profile charter deals, as reported by Splash247. The 2018-built Front Princess is among the vessels involved in these lucrative agreements.
Seatrade Maritime
The Port of Corpus Christi experienced a decline in overall volume for 2025, with LNG exports rising but crude oil shipments and agricultural goods seeing a downturn, as reported by Seatrade Maritime.
gCaptain
US container imports concluded 2025 with a four-month decline, a trend expected to continue as global trade flows adjust to bypass President Donald Trump's policies, as reported by gCaptain.
gCaptain
President Donald Trump has threatened to impose new tariffs on countries supplying oil to Cuba, as reported by gCaptain. This move is part of an intensified pressure campaign against the Communist-run island, a long-time adversary of the United States.
gCaptain
Dominion Energy's offshore wind project costs have risen to $11.5 billion, reflecting a $300 million increase due to a temporary federal work stoppage and rising tariff costs, as reported by gCaptain.
Seatrade Maritime
According to Seatrade Maritime, the LNG fleet capacity is projected to double by 2030 despite an increase in vessel demolitions. This growth is expected to be supported by a significant expansion in LNG production capacity, potentially balancing the rising vessel supply.
Seatrade Maritime
According to Seatrade Maritime, the container market has experienced volatility with cancelled sailings disrupting the expected pre-Lunar New Year rush, halting activities earlier than anticipated. This has affected market optimism as the Chinese holidays approach.
Seatrade Maritime
According to Seatrade Maritime, high rates in the dry bulk market could persist into 2026, led by capesize vessels, unless shipping activities return to the Red Sea. Bimco predicts a softer market in 2027.
Splash247
According to Splash247, global aluminium production has nearly tripled since 2000, significantly impacting the dry bulk market with seaborne bauxite trade reaching a new record last year. Analysis by Ursa Shipbrokers, using data from the International Aluminium Institute, highlights this growth in primary aluminium output.
