Latest News
The latest energy, maritime and bunker industry news worldwide.
Latest News
The latest energy, maritime and bunker industry news worldwide.
Keeping You Informed
Tanker Market Volatile in June
The tanker market proved volatile during the month of June, OPEC said in its latest monthly report. According to OPEC, dirty tanker spot freight rates were volatile in June amid
New BIMCO survey explores challenges and best practices in operational crewing and rest hour compliance
As fatigue management, crewing and seafarers rest feature increasingly on the international regulatory agenda, BIMCO is asking the industry to share practical experience on challenges and best practices related to
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Jamming and spoofing can materially affect a vessel’s navigation and decision making. These same issues may give rise to disputes between owners and charterers, where decisions taken in response to
Tanker Market: Hormuz Strikes Cause “Deja-Vu”
The tanker markets have returned to their “wartime pattern” of behavior, after the latest round of strikes in the Middle East. In its latest weekly report, shipbroker Intermodal said that
Panamax congestion in China: Two forces converge at berth
The queue of laden Panamaxes waiting to berth in China has elongated in recent weeks, driven by two overlapping forces. Inland, a wave of mine safety suspensions in Shanxi triggered
Why China’s Crude Collapse Isn’t The Demand Story It Looks Like
The import mirage Every few weeks a number lands that seems to settle the argument of China’s crude oil imports. The latest was showing imports falling to about 7.8 million
Ship Recycling Market Still Soft
The ship recycling market has remained soft over the past week. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships, said that “the Indian recycling
Dry Bulk Market Weekly Monitor: Panamax Spot Comparison — P2A_82 vs P5TC vs P6_82
P2A_82 (Skaw–Gibraltar / trip to Taiwan–Japan): In the week to 10 July 2026, the Pacific round-voyage benchmark remained the strongest performer in the Panamax market, closing at approximately $32,000/day. From
Grain shipments jump 13%, but weaker outlook ahead
“Global grain shipments have increased 13% y/y so far this year, supported by strong wheat, maize and soya bean exports from the Americas and Europe. Improved harvests across most major