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
Newbuilding Contracting Keeps Strong Momentum
Newbuilding ordering activity has kept its upwards momentum, with more contracting being reported. In its latest weekly report, shipbroker Banchero Costa said that “newbuilding orders continued to flow this week;
Unlocking the full value of vessel data: BIMCO’s Energy Efficiency Data Sharing Clause 2025
Every ship generates a significant amount of operational and performance data. When appropriate arrangements are in place, this data can support a range of activities, including vessel performance monitoring, voyage
Dry Bulk Market: China’s Iron Ore Demand Could Fall In the Coming Weeks
While short-term Chinese iron ore demand has proved to be strong, things could turn sour after the country’s return from the upcoming public holidays. In its latest weekly report, shipbroker
Could the Central African Republic – Kribi iron ore corridor become the next major source of Capesize demand?
A&S Resources, which is developing iron ore and other mineral assets in the Central African Republic, has announced plans to develop a railway line linking its deposits with Cameroon’s Kribi
Rival Cargo Claims and the Carrier’s Dilemma: Who Gets the Goods?
In Kama Metal v Maersk the court reaffirmed the English law position – that a carrier is entitled and bound to deliver cargo against an original bill of lading. Introduction
Steel demand softens as iron ore flows face growing headwinds
Iron ore market fundamentals continued to soften as subdued Chinese steel demand kept pressure on inventories and reduced the need for additional seaborne supply. While Simandou is emerging as an
Product Tanker Rates on the Rise
The product tanker market is also experiencing a strong upwards trend, following the latest developments. In its latest weekly report, shipbroker Gibson said that “the global CPP market remains firmly
Dry Bulk Market Trending Higher Again
Capesize The Capesize market continued to climb towards the highs seen earlier this month before losing some momentum on the final day of the week. Nevertheless, the timecharter average edged
How ethanol is expanding shipping’s fuel choices
Ethanol is beginning to gain momentum as a viable option for reducing greenhouse gas emissions in shipping. A growing number of projects and technical developments are helping to move the