1. BIMCO Shipping Number of the Week: Crude tanker fleet renewal to accelerate as order book/fleet ratio hits 9-year high. “Due to low contracting volumes in 2022, the crude tanker order book/fleet ratio bottomed out at 2.8% in March 2023. It has climbed steadily since and has now hit a nine-year high of 14.1%. The order book may kickstart the renewal of a fleet that has grown older on average since 2018,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO.
https://cyprusshippingnews.com/2025/11/21/bimco-shipping-number-of-the-week-crude-tanker-fleet-renewal-to-accelerate-as-order-book-fleet-ratio-hits-9-year-high/
2. Wallenius Wilhelmsen Gains Second Consecutive Gold Rating from EcoVadis.
Wallenius Wilhelmsen has also been named as ‘Carbon Management Leader’ in 2025. Companies are assessed on their carbon management practices as part of the evaluation and then ranked – Insufficient, Beginner, Intermediate, Advanced or Leader.
https://www.seanews.co.uk/featured/wallenius-wilhelmsen-gains-second-consecutive-gold-rating-from-ecovadis
3. Maritime leaders unite to tackle ocean plastic with launch of new alliance the Maritime Association for clean seas. Leading shipping companies are joining forces to combat ocean plastic pollution through the launch of the Maritime Association for Clean Seas: a new industry alliance driving measurable reductions in plastic and operational waste at scale.
https://cyprusshippingnews.com/2025/11/21/maritime-leaders-unite-to-tackle-ocean-plastic-with-launch-of-new-alliance-the-maritime-association-for-clean-seas/
4. Baltic Exchange launches new TCE earnings calculator to simplify freight and emissions analysis. Baltic Exchange has launched a new Time Charter Equivalent (TCE) earnings calculator, designed to bring clarity and consistency to freight assessments in an increasingly complex market. The calculator builds on the Baltic’s long-standing TCE methodology, which has been in use since 2008.
https://cyprusshippingnews.com/2025/11/21/baltic-exchange-launches-new-tce-earnings-calculator-to-simplify-freight-and-emissions-analysis/
5. Splash Wrap: Bridges, bombs, bottlenecks. The Black Sea entered one of its most volatile phases as Ukraine and Russia escalated long-range strikes on each other’s critical energy and port infrastructure, leaving commercial shipping exposed to huge levels of risk.
https://splash247.com/splash-wrap-bridges-bombs-bottlenecks/
6. Hong Kong flag slumps 12.6% as Singapore surges ahead amid trade turmoil. The latest World Fleet Monitor published by Clarksons Research confirms a switch in the leaderboard of shipping registers, with Donald Trump’s trade war with China seeing Singapore leapfrog Hong Kong into fourth spot.
https://splash247.com/hong-kong-flag-slumps-12-6-as-singapore-surges-ahead-amid-trade-turmoil/
7. US targets sprawling Iranian shadow fleet network in latest sanctions drive. The United States has unveiled one of its most extensive crackdowns to date on the Iranian oil-ecosystem, blacklisting a web of front companies, intermediaries and tankers that Washington says bankroll Tehran’s armed forces through clandestine crude sales.
https://splash247.com/us-targets-sprawling-iranian-shadow-fleet-network-in-latest-sanctions-drive/
8. Kyiv Under Pressure as Trump Sets One-Week Deadline for Peace Deal. President Volodymyr Zelenskiy warned on Friday that Ukraine risked losing its dignity and freedom — or Washington’s backing — over a U.S. peace plan that endorses key Russian demands, a proposal Donald Trump said Kyiv should accept within a week.
https://gcaptain.com/kyiv-under-pressure-as-trump-sets-one-week-deadline-for-peace-deal/
9. Chinese Research Ships, US Military Active in North Pacific, Monitor Shows. Five Chinese research vessels, including ships used for space and missile tracking and underwater mapping, were active in the northwest Pacific last month, as the United States stepped up military exercises, data compiled by a Guam-based group shows.
https://gcaptain.com/chinese-research-ships-us-military-active-in-north-pacific-monitor-shows-2/
10. Red Sea Shipping: How fast will lines return and at what cost? As global carriers assess the possibility of resuming Red Sea transits, Supal Shah, CEO of Sarjak Container Lines, says the real question is not whether the industry will return, but how quickly. The speed of that return will define whether the market experiences rate crashes or a more orderly stabilisation.
https://cyprusshippingnews.com/2025/11/21/red-sea-shipping-how-fast-will-lines-return-and-at-what-cost/