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
Tankers: India Emerging As a Leading Market for Seaborne Crude Oil Imports
Crude tankers carrying oil into India have been in high demand since the start of 2026. In its latest weekly report, shipbroker Banchero Costa said that “after a modest upturn
Shaky ceasefire has yet to unwind the war’s grip on dry bulk commodities
Iron ore markets are poised for stronger exports as Australian and Brazilian shipments recover, though Chinese demand remains weak. Coal prices softened following a ceasefire but remain supported by tight
U.S. natural gas exports to grow nearly 30% by 2027 as LNG facilities ramp up
In our latest Short-Term Energy Outlook (STEO), we forecast that U.S. liquefied natural gas (LNG) exports will continue to increase as five LNG export projects start operations and ramp up
Ship Recycling Demand Picking Up
The ship recycling market has picked up pace over the past week. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships, said that in India,
First-ever global study reveals wind propulsion can cut fleet-wide emissions today but only with stronger policy action
A landmark study commissioned by Seas At Risk, drawing on 1.74 billion kilometres of real voyage data, the equivalent distance from the Earth to Saturn, finds that wind propulsion could
Rupee depreciation fuels incremental gains in India’s dry bulk export volumes
India’s dry bulk exports, although modest in global terms, increased noticeably through 2025–26 alongside the depreciation of the Indian rupee. The trend broadly aligned with classical economic theory, although the
Greek Ship Owners Increase Newbuilding Orders
More Greek owners have placed newbuilding orders over the past few days. In its latest weekly report, shipbroker Banchero Costa noted that “Chinese groups led newbuilding contracting with sizable orders,
Net zero by 2050? This decade’s fuel choices will decide
The debate over whether net zero is possible by 2050 may continue for years, while global emissions and temperatures continue to rise. But the question of green hydrogen’s role in
March VLCC outlook – Historic shockwaves through the market
March delivered one of the most extraordinary freight markets in modern shipping history. The escalation of conflict in the Middle East culminated in a scenario many in shipping had long