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The latest energy, maritime and bunker industry news worldwide.
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Aging, Sanctioned, and Stranded: The New Structural Reality in the Market
In its latest weekly report, shipbroker Xclusiv said that “one of the most defining developments in contemporary maritime dynamics is the increasingly distorted relationship between fleet aging, sanctions exposure, and
AI firmly on the radar of fleet operators as maritime tech innovations take centre stage at Posidonia 2026
Posidonia 2026 is proving to be the industry’s most technologically charged edition to date — with artificial intelligence, energy efficiency technology, and cloud-native maritime software all converging on the floors
Disconnect between Chinese iron ore imports and steel production widens
Chinese iron ore imports continue to grow even as domestic steel output weakens, driving port inventories toward record highs. Until Simandou’s accelerating ramp-up is offset by cuts elsewhere in the
Ship Recycling Market Slowed Down by Festivities
The ship recycling markets in Southeast Asia were mostly slower, mainly because of Eid holidays. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships, said
People, Planet Propel Posidonia 2026: The World’s Maritime Leaders Converge at Posidonia 2026 as Shipping Confronts Its Defining Decade
On the third day of Posidonia 2026, the world’s most prestigious international shipping exhibition, the conversation inside the halls of the Athens Metropolitan Expo transcended geopolitics, cargo tonnage, insurance premiums
Dirty tanker exports from the Americas hit new record of 14.5 mbpd in May
“In May, dirty tanker exports from the Americas reached 14.5 million barrels per day (mbpd), up from the previous record of 13.8 mbpd in April. Compared to May 2025, exports
Posidonia Deals to Steal the Spotlight This Week
With Posidonia fully underway, the next few days are expected to be “flooded” with reports of newbuilding deals from Greek owners. In the meantime, in its latest weekly report, shipbroker
From data overload to decisive action: how real-time monitoring is helping shipping operators and crews avoid disruption and downtime
Shipping operators today face no shortage of data. But as their vessel crews manage tighter operating margins, more complex engines and growing pressure to avoid disruption, the challenge is translating
Posidonia 2026 Opens Its Gates As Strait of Hormuz Remains Closed
The global maritime community is gathering in Athens this week at a moment of acute strategic significance: with the Strait of Hormuz still closed to commercial traffic and energy supply