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Port News
VLCC asset prices defy gravity as five-year-old tonnage trades above newbuild contracts
The Hormuz crisis has broken the tanker market’s age depreciation curve entirely, with five-year-old VLCCs now trading above the price…
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Marine World
California Ports Defy Tariff Turbulence as 2025 Ends Near Records
Los Angeles and Long Beach are closing out 2025 near record cargo volumes after a tariff-driven import surge, even as…
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Marine World
The Strait That Never Shuts: History and Markets Defy Iran’s Latest Hormuz Threat
Despite numerous threats throughout its history, the Strait of Hormuz has never been fully closed to maritime traffic—a testament to…
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Maritime News
Chinese Dry Bulk Imports Defy Domestic Concerns
Between January and August 2024, Chinese seaborne dry bulk imports rose 6% y/y, defying concerns over China’s domestic demand, its…
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Maritime News
Rubymar Defies Houthis, Leaking Oil and Taking on Water, But Still Afloat
Five days after the Houthis' most damaging attack yet on a merchant ship, the bulk carrier Rubymar continues to…
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