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: The Hormuz Strait Conundrum After The War in the Middle East
Even if the current war in the Middle East is resolved peacefully in the coming weeks, shipping in the region will probably still have to face a new reality. In
Global order book hits 17-year high amid record crude tanker contracting
“By the end of the first quarter of 2026, the global shipping order book hit a 17-year high, reaching 191m Compensated Gross Tonnes (CGT). This is equivalent to 17% of
When the Gulf Went Still
One month of AIS-derived data from the world’s most consequential chokepoint and what it revealed about a dry bulk market frozen in place. Оn 28 February 2026, the Persian Gulf
Ship Recycling Taking a Hit From Geopolitical Tensions, But Sentiment Improved Last Week
The ship recycling market’s sentiment improved last week, despite adverse conditions. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships, said that “the Indian ship
BIMCO: What Happens for Shipping After the Ceasefire Deal?
BIMCO’s executives and analysts have weighed in the aftermath of the ceasefire agreement in the Middle East war. More specifically, Chief Safety & Security Officer, Jakob Larsen commented the following:
Iran war and the strait of Hormuz: Oil market implications six weeks in The Strait of Hormuz crisis is reshaping global oil markets
Six weeks into the Iran–US conflict, the closure of the Strait of Hormuz has triggered the most significant supply disruption in the modern oil market. Approximately 11 million barrels per
Ship Owners Invest Heavily in the Second Hand Market
The first quarter proved to be on of the strongest in recent years, in terms of S&P deals. In its latest weekly report, shipbroker Xclusiv said that “the first quarter
Strait of Hormuz: Multi-Segment Shipping Disruption
The escalation of tensions around the Strait of Hormuz has led to one of the most significant disruptions to commercial shipping observed in recent years. Drawing on AXSMarine AIS-derived data
New pragmatism in US maritime sanctions
A seminal shift in how the US utilises maritime sanctions has seen a move away from rigid, long-term policy towards a “deeply pragmatic” and often unpredictable approach designed to stabilise