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
Shipping Freight Rates Rose 20% on Trade War Port Fees
The freight market has adjusted to the estimated impact of the port fees implemented by the US and China. In its latest weekly report, shipbroker Intermodal said that “the latest
Adoption of the IMO NZF delayed: Regional, national and corporate actors action urged to fill the gap
A scheduled Extraordinary Session of the IMO’s Marine Environment Protection Committee has ended without adopting the policy measures agreed upon in principle in April 2025. These measures are intended to
Ship leasing: Does a financial lessor need to be the registered owner of the leased asset?
Prior to the advent of Chinese leasing, ship leasing was historically a financing structure in the alternative ship finance space. It was originally perceived as a relatively covenant free financing
VLCCs The Most Exposed from China’s Port Fees
Trade flows are bound to be disrupted from the spillover of trade tensions in the shipping market. In its latest weekly report, shipbroker Gibson said that “on October 14, both
Dry Bulk Market: Capesize Market Had a Volatile Week
Capesize The Capesize market experienced a volatile week marked by sharp swings in sentiment and rates following China’s announcement of new port fees on U.S. linked vessels. Early gains, driven
Navigating China’s new tonnage tariffs on US-linked shipping
News of China’s recent retaliatory tonnage charges on US-linked vessels has spread through the shipping market like wildfire, marking a significant step in the further escalation of ongoing trade tensions
Tanker Market: Mixed Performance During September
The tanker market showed mixed results during the past month, OPEC said in its latest monthly report. Dirty tanker spot freight rates showed mixed movement in September. VLCC spot freight
Global maritime industry continues to address cyber risk
In its Maritime Risk Barometer Report for 2024/2025, the International Chamber of Shipping (ICS) identified cyber attacks as one of the top four high level risks to maritime operations. The
Global trade’s tightrope walk
The world economy has successfully avoided the initial, catastrophic blow from the recent surge in trade protectionism, yet the long-term outlook remains “insufficiently bright”, according to the latest World Economic