Blog
The latest energy, maritime and bunker industry news worldwide.

Marine Fuel Prices Remain Elevated as Shipping Costs Climb
Marine fuel prices have surged since the outbreak of the U.S.-Iran war on February 28, adding significant costs for shipping companies already facing higher insurance

Global Diesel Prices Reach Record Highs as Supplies Tighten
Diesel prices in Europe and the United States have reached record levels as disruptions to major refining and export markets tighten global fuel supplies. European

Oil Prices Return Above $100 as Middle East Supply Risks Persist
Global oil prices have climbed back above $100 per barrel as renewed fighting in the Middle East raises concerns over prolonged disruptions to global energy

Dry Bulk Shipping Demand Strengthens in 2026
Demand for dry bulk carriers has strengthened significantly through the first seven months of 2026, with vessel sale and purchase activity pointing to growing confidence

Oil Prices Face Renewed Upside Risk as Hormuz Reopening Remains Uncertain
Oil prices have remained below their recent highs despite growing doubts that the Strait of Hormuz will reopen quickly. Brent crude rose toward $88 per

Container Shipping Rates Begin to Cool as Demand Weakens
Far East container shipping rates are beginning to soften after months of dramatic increases, with further declines expected through August. However, rates are falling much

Crude Tanker Orders Reach Record High as Fleet Renewal Accelerates
The global crude tanker market is experiencing an unprecedented wave of newbuilding activity, with owners placing record numbers of orders for new vessels. Strong freight

Fuel Flexibility Becomes a Strategic Priority for Shipping
The shipping industry’s transition to lower-carbon fuels continues to face significant challenges as regulatory timelines shift and global emissions rules become increasingly fragmented. With the

U.S.-Iran Deal to Reopen Strait of Hormuz, but Fuel Market Relief Will Take Time
A newly announced U.S.–Iran agreement aims to end months of conflict around the Strait of Hormuz and reopen one of the world’s most critical maritime

Hormuz Reopening Depends on More Than a Ceasefire
The global shipping industry is making it clear that a ceasefire between the United States and Iran alone will not be enough to restore normal

Global Bunker Market Stabilizes in Week 20 as Scrubber Economics Stay Attractive
Global Bunker Market Stabilizes in Week 20 as Scrubber Economics Stay Attractive The global bunker market showed signs of stabilization during Week 20, with narrower

Low-Carbon Shipping Demand Softens – But the Long-Term Value Remains
Demand for low-carbon shipping options appears to be cooling as cargo owners become more cost-sensitive in today’s volatile global market. While decarbonization remains a long-term