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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

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

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

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

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

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

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

The U.S. finished lubricants market is seeing another round of sharp price increases, as suppliers respond to sustained inflation in base oils, feedstocks, and additive

The world’s largest oil supply shock has now entered its second month, with energy markets facing disruptions on a scale never previously experienced in modern

Rising volatility in global energy markets is forcing shipowners to rethink fuel strategies, with BAR Technologies highlighting a growing shift from long-term decarbonization planning toward

Global bunker fuel prices have surged sharply in recent days as tensions tied to the U.S.–Iran conflict and the closure of the Strait of Hormuz