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
Tanker Market: US Crude Oil Exports Down in 2025
US crude oil exports have retreated so far in 2025. In its latest weekly report, shipbroker Banchero Costa said that “after a modest upturn in 2024, when global crude oil
Tanker Trade in Turbulence: Beijing Strikes Back with Port Fee Policy
As of October 14, 2025, the U.S. and China have implemented reciprocal port fees targeting vessels associated with the opposing nation. These fees are levied on a per-net-ton basis, determined
Decarbonisation in doubt?
The path to net-zero emissions for the global shipping sector hit a significant roadblock last Friday, as a scheduled Extraordinary Session of the International Maritime Organization’s (IMO) Marine Environment Protection
Tankers: China’s Crude Import Policy and Strategy
The seaborne crude oil trade routes are constantly evolving and China is at the center of things. In its latest report, shipbroker Xclusiv said that “analysing trade flow data from
Container ship recycling overhang estimated at minimum 1.8 million TEU
“So far this year, only 10 container ships have been recycled. This extends a pattern of low recycling activity seen since 2021 as many ships have continued trading beyond their
IMO’s Net-Zero Framework will struggle to drive zero-emission shipping adoption
The International Maritime Organization (IMO) has decided to postpone the adoption of its Net-Zero Framework (NZF) for another year. This delay, while creating additional uncertainty, warrant careful examination of the
Newbuilding Activity Picks up the Pace
The newbuilding market activity was quite firm over the past week. In its latest weekly report, shipbroker Intermodal said that “the newbuilding market witnessed a firm week, with 10 reported
China’s soybean imports pivot south
China’s soybean supply chain took a sharp turn south in September. No U.S.-origin soybeans were discharged at Chinese ports, the first zero month since 2018, as buyers leaned heavily on
BIMCO to develop standard clause addressing Chinese port fees
BIMCO has initiated the development of a clause specifically addressing the new fees introduced on 14 October 2025 for US-related ships calling at ports in China. The Chinese Ministry of