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
Newbuilding Activity Going From Strength to Strength
Newbuilding activity has remained rather strong over the past week. In its latest weekly report, shipbroker Banchero Costa said that “newbuilding activity this week was spread across the bulk carrier,
The Confidence To Act: Why R&D And Lifecycle Support Are The Real Enablers Of Fleet Decarbonisation
Ship owners are at a crossroads. They are being asked to make long-term capital commitments in conditions of genuine uncertainty. Many of the fuels needed to comply with environmental regulations
Record-breaking tanker rates pile pressure on already high fuel prices
Oil tanker markets sit at the centre of geopolitical turmoil, and this year that has translated into record-breaking freight rates as the conflict in the Middle East drags on. Tankers
Diesel Availability a Boost for Product Tankers
The clean tanker trade is reaping the benefits of the latest developments in the diesel market. In its latest weekly report, shipbroker Intermodal said that “the diesel market saw a
Connecting maritime digitalisation to process
While the technology needed to digitalise maritime operations is already here, much remains to be done to ensure organisations and their people are equipped to use it effectively, according to
Lower container rates are not a return to predictable service, Sogese says
Lower container rates into Europe should not be mistaken for a return to predictable service, according to Sogese, an Italian container logistics provider, in its October Europe Container Market Update.
Tankers Are on Fire After Multiple Attacks
While tanker rates are exploding once again, the ships themselves and of course their crews have never been in more danger. In its latest weekly report, shipbroker Gibson said that
Dry Bulk Shipping: Capesizes Under Pressure
Capesize The market remained under pressure through the week, with persistent Atlantic weakness outweighing a gradual recovery in the Pacific. The 5TC continued to edge lower, falling from $43,833 on
India and the Widening Tanker Freight Squeeze
This week’s Tanker Market Monitor tracks India’s return to Iraqi supply as Gulf oil movements recover amid persistent shipping risk. Yanbu is rebuilding its role as an export outlet, but