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
Ships Turning Into Hot Commodities
A lack of available tonnage is pushing ship prices higher, with demand still growing. In its latest weekly report, shipbroker Banchero Costa said that “newbuilding orders continued to flow this
Seafarer welfare is improving amongst leading companies, but five years of evidence shows this progress is far from the norm
Five years after the launch of the Delivering on Seafarers’ Rights Code of Conduct, a growing number of shipping companies are demonstrating real change in seafarer welfare. However, across the
Grain in Focus – US Soybean Sailings to China Recover Through September
US soybean sailings to China recovered in September, following the subdued activity discussed in our Week 32 spotlight. At that stage, stronger forward purchases had yet to be matched by
Tankers: Is an Oil Shortage Already Underway?
With rates for tankers skyrocketing and the first signs of shortages in various parts of the world, it’s obvious that pressures are mounting from the Hormuz closure. In its latest
China thermal coal import outlook and Indonesian supply assumptions
China’s coal import outlook spans softer buying through broadly sustained recent arrivals, but the effect on shipping will depend on which vessels carry the coal and where it is loaded.
Marine insurance supply remains stable as geopolitical and technical changes reshape the market, says IUMI President
The global marine insurance market remains in a stable position, with premium growth strongly supported by a weak USD in hull and cargo. Meanwhile the sector is entering a period
VLCCs Record Breaking Pace: Where Does the Market Go From Here?
A week for the record books has just been completed, with many wondering where to from here? In its latest weekly report, shipbroker Gibson said that “the VLCC markets reached
Maritime Regulation Only Works If It Works At Sea
There comes a point in every regulatory process when the wording is agreed, and a new requirement is adopted. From the outside, that can look like the job is done.
Dry Bulk Shipping: Capesizes Softening
Capesize The market exhibited a generally softer tone through the first half of the week, with the Pacific bearing the brunt of the weakness as prompt tonnage continued to outweigh