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
Ship Recycling Remained Subdued Last Week
The ship recycling market remains trapped in an adverse environment. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships, said that “the Indian ship recycling
Container Shipping: Iran war amplifies outlook uncertainty
“Following the start of attacks on Iran on 28 February, transits through the Strait of Hormuz have effectively stopped, severing Persian Gulf ports from global container services. As a result,
Uncertainty Complicates Efforts To Prioritise Shipping Investments Amid Today’s Decarbonisation Regulations – Yet Delaying Action Is Not A Viable Strategy, Wärtsilä Survey Finds
Shipping companies are entering a more complex and capital-intensive phase as decarbonisation regulations begin to translate emissions targets into direct operating costs and long-term investment pressure. This is according to
Ship Owners Focusing on Bulkers and Suezmaxes
The main focus of owners active in the S&P market over the past week have been bulkers and suezmaxes. In its latest weekly report, shipbroker Xclusiv said that in the
LNG Shock: From Supply Disruption to System Strain
Damaged Qatari infrastructure and a near-collapse in Hormuz transit are shifting the LNG market from a supply shock to a flow-constrained crisis. The global LNG market remains under significant stress
China drives 5% increase in iron ore shipments despite weak demand
“Global iron ore shipments have risen 5% y/y during the first 12 weeks of 2026, supported by stronger Chinese import demand. However, this increase has not been matched by Chinese
Dry Bulk Shipping: Is Bauxite Trade Under Pressure?
Recent freight rises have began putting pressure on the bauxite trade. In its latest weekly report, shipbroker Intermodal said that “recent developments in the Guinea bauxite trade are introducing a
Russia Expands Dark Fleet of LNG Carriers
Three 20-year-old liquefied natural gas (LNG) carriers were recently sold to a newly formed company in Türkiye, with two subsequently reflagged to Sierra Leone, a ship registry favored by Russia’s
BIMCO to establish Biofouling Management Task Force
BIMCO will establish a Task Force on Biofouling Management to strengthen industry input into the upcoming work at the International Maritime Organization (IMO) on the development of a legally binding