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
Potential risks to the MPV market
The MPV market is navigating through choppy waters, driven by a convergence of global short-term shocks and long-term structural transformations. The assessment categorises market risks to understand how they may
Tankers: US Crude Oil Exports Further Down in 2025
US crude oil exports have been impacted by the tariff wars, as volumes retreated during the first four months of 2025. In its latest weekly report, shipbroker Banchero Costa said
Tanker – Weekly Market Monitor: Dirty Oil Flows Shift – West African Barrels Flooding Europe
Europe witnessed a 10% increase in crude oil imports in May 2025, likely due to refineries completing maintenance ahead of schedule, boosting crude demand. This period also saw a notable
Excess steel capacity fuels trade tensions
The international steel market is experiencing a period of upheaval, as escalating excess capacity and market-distorting policies continue to reshape global trade flows. The May 2025 OECD Steel Outlook 2025
More Newbuilding Orders for Container Ships, as Dry Bulkers Dominate Second Hand Market
Newbuilding ordering activity has been rather active in the container shipping market, with bulkers being the main focus of the second hand market. In its latest weekly report, shipbroker Banchero
Distillate Fuels: The “Trouble-Free” Marine Fuel?
With the recent implementation on 1st May 2025, of a new Emission Control Area (ECA) in the Mediterranean Sea, the question arises, will we see an increase in demand for
US Tariff Turmoil Is Not Over: Trump Has Other Levers To Pull In Trade Wars And Bring Further Confusion To Global Supply Chains
The decision of the U.S. Court of International Trade to deem Trump’s sweeping tariffs as unlawful is good news for shippers – but it could signal the beginning of the
Ship Recycling Activity at a Crossroads
The ship recycling markets are entering a transitionary stage. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that “as the clock ticks down
Tanker Shipping Market Overview & Outlook: Lower economic growth weakens oil demand outlook
“In 2025, we forecast a balanced development in the crude tanker market followed by a slight weakening in 2026. The product tanker market is expected to weaken during both 2025