Latest News
Latest News
The latest energy, maritime and bunker industry news worldwide.
Keeping You Informed
Ship Owners Placing More Tanker Orders
Ship owners have kept investing in the newbuilding market, with tankers at the forefront. In its latest weekly report, shipbroker Banchero Costa commented that “in the tanker sector, Netherlands’ Ferus
Why adaptation, not just efficiency, will define maritime performance
Over the past decade, shipping has made major strides in improving fuel efficiency and reducing emissions. Hull optimisation, wind-assisted propulsion and digital fuel management are helping vessels burn less energy
Iran conflict: A container shipping perspective
Container shipping has less to lose from the Iran conflict compared to other shipping sectors, but it cannot escape disruption and higher costs. It is the latest in a long
How Much Is Too Much Geopolitical Risk? Shipping at The Epicenter of Another Crisis
Shipping is once again a major component of an escalating global crisis, this time in the Middle East. However, could the markets be pricing in too much geopolitical risk? In
Shipping Markets Hit Record Highs: Taking Stock
Shipping has again been at the “frontline” of geopolitical events, with a >90% drop in vessels transiting the Strait of Hormuz, attacks on vessels and ports, damage to energy infrastructure
Strait of Hormuz Spotlight: Scenario Analysis
A sharp decline in tanker transits through the Strait of Hormuz and rising floating storage in the Gulf signal a shift toward risk-managed energy transport rather than normal market operations.
Tanker Market: Arabian Gulf Trips Extremely Profitable for Those Willing to Take the Risk
The tanker market, expectedly, is roaring to higher levels, especially for those few braving a crossing of the Hormuz Strait. Still, most are now trapped and the option of floating
Tanker Shipping Rates Post Strong Gains on Middle East Worries
Clean LR2 MEG LR2 freight moved dramatically this week. The TC1 75kt MEG/Japan index ultimately went from WS222 to WS446, with the corresponding TCE climbing to $120,000/day on Baltic description
US–Iran conflict to alter the trade pattern of product tankers
The continued attacks in the Gulf by the US/Israel have increased tensions around the key sea route passage, Strait of Hormuz, which handles around 2.9 mbpd of refined products such