According to a new paper by DNV, shifting environmental requirements are reigniting interest in nuclear propulsion as a long-term solution for maritime decarbonization.

In the last 7 days overall Baltic / FBX container shipping rates have held steady with a small 0.6% increase in the headline rate.

LNG

The LNG market had another strong week, with a flurry of new cargoes and a tightening position list becoming more pronounced in the East and West.

Clean

LR2

MEG LR2 freight resurged this week as the vessel size gained strength in the region.The TC1 75kt MEG/Japan index added 17 points up to WS121 with the corresponding TCE returns climbing to $26,300/day basis Baltic Description.

 Capesize

The Capesize market lost some of its earlier momentum this week, ending on a softer note. Early positivity in the Pacific, driven by steady miner demand, increased operator activity, and weather-related port delays in China, gave way to a quieter close as offers on C5 slipped from the mid to high $10.00s into the upper $9.00s, with limited fixtures concluded.

The Grande Shanghai, one of the Grimaldi Group’s next-generation pure car and truck carriers (PCTC), has successfully completed her maiden voyage as part of the recently launched East Asia–East Africa service.