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OL  News

1908, 2025

Shippingtelegraph: Wan Hai 503 boxship under tow after fire off India’s Kerala

By |August 19th, 2025|

The Wan Hai Lines container ship Wan Hai 503 is reportedly stable and remains under close monitoring. The vessel is currently being towed by the salvage team and is located in waters near the India-Sri Lanka maritime boundary,

1908, 2025

Shippingtelegraph: Dry bulker newbuilding orders slump amid uncertainty clouds outlook

By |August 19th, 2025|

Newbuilding orders hit their lowest 1H total since 2017 at 169 vessels (down c.26% YoY), and S&P volumes dropped c.36% YoY to 425 sales, according to Veson Nautical’s 2025 mid-year shipping market report.

1908, 2025

Shippingtelegraph: Handy tanker market shrinking as MR competition intensifies

By |August 19th, 2025|

The handy tanker market continues its decline, a trend accelerated since the Russia-Ukraine conflict. With spot fixtures in the Baltic and the Black Sea going from around a third of total fixtures to less than 10% each year since 2023, handies had to find demand elsewhere,

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