In 2024, new crude oil tanker deliveries dropped to a 36-year low as only 17 new tankers, with a capacity of 2.5m deadweight tonnes (DWT), joined the fleet. Compared to 2023, the capacity delivered dropped by 74%, says Niels Rasmussen, Chie

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According to current delivery schedules, product tanker newbuild deliveries are set to reach 12m deadweight tonnes (DWT) in 2025. Deliveries will therefore jump 256% compared to the 3.4m DWT delivered in 2024. At the same time, deliveries w

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At the end of 2024, the container ship order book was 8.3m TEU, a new record compared with the previous high of 7.8m TEU in early 2023 , says Niels Rasmussen, Chief Shipping Analyst at BIMCO. As 4.4m TEU were contracted during 2024, the sec

After a year of trial operations, China has officially launched the Yangtze River shipping data center, marking a significant advancement in using information technology to manage one of the countrys busiest waterways. As a key informatizat

Announcement Entrusted by the Seller, our company is scheduled to conduct an online public auction commencing at 16:00 on 14th January 2025 (Auction Day) on www.shipbid.net , which is hereby announced as follows: 1. Auction Target: This auc

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Leading research and consultancy provider Maritime Strategies International (MSI) forecasts that tanker contracting in 2024 will reach its second highest level ever. The first 11 months of 2024 have seen near-record levels of tanker contrac

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On December 23, Zhejiang Ship Exchange Co., Ltd. (Zhejiang Ship Exchange) reached an extraordinary milestone, successfully delivering an offshore platform valued at approximately 400 million. This marked their total transaction volume for 2

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