Latest News
Latest News
The latest energy, maritime and bunker industry news worldwide.
Keeping You Informed
Tankers: 40% of the Global Seaborne Crude Oil Exports Affected by the War in the Middle East
The turmoil in the global tanker and energy markets from the current crisis in the Middle East could soon lead to a global issue, with 40% of total seaborne crude
Rising costs: The surge in bunker prices is reshaping dry bulk freight dynamics
Surging bunker prices are reshaping freight dynamics, with fuel costs now accounting for a significantly larger share of freight than usual. While all vessels are exposed to high prices, scrubber-fitted
The Email Divide at Sea: What Greece, Cyprus, the Gulf, Turkey, and Africa Reveal About Maritime Cyber Risk
Email is still the spine of maritime operations. Chartering instructions, spares orders, crew changes, port documentation, vendor payments to name a few. Most of it moves through inboxes, even as
Newbuilding Orders Progressing at a Healthy Pace
Despite the latest market disruptions due to the war in the Middle East, newbuilding ordering activity has been moving forward. In its latest weekly report, shipbroker Intermodal said that “newbuilding
Complexity of Hormuz constriction
Describing the situation in the Strait of Hormuz as an “incredibly dynamic environment”, Jos Standerwick, head of membership at the Baltic Exchange, yesterday sought to clarify a landscape that has
U.S. Leads Brazil in Corn Exports to China
Chinese corn imports declined to approximately 3.8M mt in 2025, down from 8.4M mt in 2024. Of this, around 2.5M mt originated from Brazil (Panamax: ~2.0M mt vs. 1.78M mt
Ship Recycling a Mixed Bag Last Week
The ship recycling market had a mixed week in terms of its performance. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships, said that “the
Lloyd’s Register: New Report Warns Shipping Must Master Data To Remain Competitive
Shipping companies must improve how they collect, structure and use operational data if they are to remain competitive in an increasingly regulated and digital operating environment, according to new research
BIMCO: Bauxite shipments surge 16% but multiple factors threaten outlook
“During the first 11 weeks of 2026, bauxite shipments have surged 16% y/y, driven by strong Chinese demand for Guinean cargoes. Guinean bauxite has remained highly competitive, accounting for 79%