Another Low Supply Week for Ship Recyclers
December has brought with it a declining Baltic Exchange, reports cash buyer GMS. This saw the Dry Index fall by about 3%, this week, dragged down by mounting pressure across all segments that saw capes slipping 4.4%, panamax dropping 1.4%, and the smaller segments shedding five basis points, all while oil barely moved the needle as it closed another week at region USD 59.70/barrel (expected to breach…
CATL Unveils "Ship-Shore-Cloud" Electric Vessel Solution
Contemporary Amperex Electric Vessel (CAEV), a subsidiary of CATL, officially launched the world's first and only "ship-shore-cloud" zero-carbon shipping and integrated smart port solution at Marintec China 2025.The solution is designed to increase vessel electrification.Su Yiyi, General Manager of CATL Electric Vessel Department and Contemporary Amperex Electric Vessel said that previously, power supply, energy replenishment, and maintenance services were provided by separate suppliers.
U.S. Oil Production Still has Growth Potential
Crude oil production in the United States is booming, reports Poten & Partners in its weekly opinion.According to the U.S. Energy Information Administration, U.S. Field Production of Crude Oil reached 13.8 Million barrels per day (Mb/d) in September 2025, a remarkable recovery since bottoming out in 2008 below 5 Mb/d.The shale oil boom was primarily responsible for this turnaround. The decision to allow crude oil exports from the U.S. at the end of 2015 also contributed, because it made U.S.
Red Sea Return Imminent for Container Shipping
Major carrier CMA CGM has announced its INDAMEX service will transit Suez Canal on fronthaul and backhaul voyages between India/Pakistan and US East Coast in a notable step towards a largescale return of container ships to the Red Sea region.The first vessel to complete a full service loop via Suez Canal will be CMA CGM Verdi, sailing from Karachi to New York on 15 January. eeSea by Xeneta data shows…
Texas A&M Develops Smart Navigation Assistant
Ocean engineering researchers at Texas A&M University are developing a smart system to combat collisions between ships and stationary structures such as offshore platforms. By combining raw radar imaging data with advanced machine learning, the researchers have created SMART-SEA, a system that gives seafarers real-time guidance on how and when to maneuver their vessel.SMART-SEA can detect stationary objects in all weather conditions…
