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 to Face the Aftermath of a US-China Trade War
The shipping industry isn’t immune to the ongoing trade war between the US and China. In its latest weekly report, shipbroker Xclusiv said that “the latest escalation in U.S.-China trade
Tanker Weekly Market Monitor: Surge in Aframax Voyages to the Far East
Updated voyage data from Signal Ocean shows that Aframax tanker shipments from Russia’s Pacific ports to the Far East saw a notable month-over-month increase in March 2025, despite a slight
Protecting “No Claims” | How Proactive Chemical Screening of marine fuel can save thousands of dollars
Over the past six years a number of high-profile, chemical-contamination cases relating to marine fuel have been witnessed. Hundreds of vessels have experienced costly engine damages during these events, for
OceanPal Inc. Reports Financial Results for the Fourth Quarter and Year Ended December 31, 2024
OceanPal Inc., a global shipping company specializing in the ownership of vessels, today reported vessel revenues of $5.8 million, a net loss of $8.2 million and net loss attributed to
Ship Recycling Market Remains Quiet
Things have remained unchanged in the ship recycling market. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that “the ship recycling market remained
Dry Weekly Market Monitor: US Dry Bulk Flows (Grain Vs Coal)
Escalation of U.S.-China Trade Tensions: Implications for Dry Bulk Freight On April 4th, China announced a 34% tariff on all U.S. imports, a retaliatory response to recent U.S. protectionist trade
Russian seaborne oil exports fall 6%, but remain largely unaffected by new sanctions
“During the first quarter of 2025, Russian oil exports have fallen 6% year-on-year. Clean tanker exports were down 13% while dirty tanker exports fell 4%. Despite the fall, it appears
Newbuilding Orders Shifting From China to S. Korea
China has been losing newbuilding market share to S. Korea, as a result of the uncertainty over the USTR policy. However, this has been occurring in a period when capacity
Tracking Sanctions at Sea: Aframax Surge and Geopolitical Fallout
The Signal Ocean Platform empowers maritime professionals with up-to-date, actionable insights by tracking sanctioned vessels flagged by at least one global authority, with data from the EU, UN, OFAC, and