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U.S. Secretary of State Marco Rubio concluded his remarks.
2026-09-08
U.S. Secretary of State Marco Rubio concluded his remarks.
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2026-09-09
CITIC Securities says the shipbuilding sector is in a decade-long upcycle, driven by fleet replacement and tighter environmental regulations. External shocks have created divergence across vessel segments and uneven rotation. Elevated tanker freight
CITIC Securities says the shipbuilding sector is in a decade-long upcycle, driven by fleet replacement and tighter environmental regulations. External shocks have created divergence across vessel segments and uneven rotation. Elevated tanker freight rates have triggered an ordering surge: new tanker orders have risen sharply since November 2025 and full-year tanker orders are expected to remain high. CITIC sees bulk carrier orders potentially becoming the next growth driver. Leading indicators: new-build price index for August was 186.34, YoY +0.04%, MoM +0.46%, up five consecutive months, underscoring a supply-tight, seller’s market and supporting a constructive view on the sector.
2026-09-09
A senior executive at Mitsui O.S.K. Lines stated that despite current strong freight rates, there are no plans to expand the tanker fleet.
A senior executive at Mitsui O.S.K. Lines stated that despite current strong freight rates, there are no plans to expand the tanker fleet.
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