Plummet
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Maritime News
Trump Freezes Five Offshore Wind Projects, Company Shares Plummet
The Trump administration suspended leases on Monday for five large offshore wind projects that are under construction off the U.S. East Coast…
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Maritime News
Container Rates Plummet on China-U.S. Routes
International container rates have plummeted over the past few weeks, pulled down by cooling economic signals in the West…
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Marine World
Container Shipping Profits Plummet to $4.4 Billion in Q2 as US Tariffs Threaten Further Declines
The container shipping industry posted a net income of $4.4 billion for the second quarter of 2025, marking a significant…
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Maritime News
Xeneta Warns Freight Rates May Continue to Plummet Despite New Trade Deals
Latest data from Xeneta, an ocean and air freight intelligence platform, shows average spot rates from China to the US…
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Maritime News
Russia Grain Exports Plummet 63%
Russia’s seaborne grain exports fell to 2.1 million metric tons in May, a fall of 62.9% compared to the same…
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Port News
New ship orders plummet
The global shipbuilding industry is currently experiencing a significant downturn in newbuilding orders, primarily due to regulatory uncertainties and geopolitical…
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Maritime News
Sovcomflot Cites U.S. Sanctions as Profits Again Plummet in 2024
Russia’s energy shipping company Sovcomflot reported financial results on Friday, March 7, citing the continuing impact of Western sanctions on…
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Port News
Scrubber installation costs plummet
In just over a month it will be the fifth anniversary of the global sulphur cap, and debate continues to…
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Port News
Russian oil cap in focus as prices plummet
The Russian oil price cap is expected to make headlines in the coming weeks as oil prices approach the moment…
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