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: More Demolition Activity Could Provide Relief
A rise in the subdued demolition activity could provide a significant relief to the shipping markets. In its latest weekly report, shipbroker Intermodal said that “building on our previous report,
New study shows that only targeted subsidy for e-fuels coupled with a GHG levy would ensure e-fuel early adoption
A new report from UCL Energy Institute Shipping and Oceans Research Group and UMAS reveals significant risk in some of the options the International Maritime Organization (IMO) is considering, for
Decarbonisation: the shipping industry’s most pressing challenge in 2025
Navigating the future of sustainability in shipping through biofuels, ETS taxation and emissions certificates. In the last few years, heavy emitters have witnessed the development of decarbonisation solutions, with financial
VLCCs Could be Set for a Stellar 2025
The VLCC tanker market could be primed for a very good year, in terms of performance. In its latest weekly report, shipbroker Gibson said that “VLCCs are enjoying a moment
Dry Bulk Shipping: Capesizes Still Under Pressure
Capesize The Capesize market faced a subdued week, with the BCI 5TC steadily declining from $7,946 on Monday to reach $6,977 by Thursday. However, a modest recovery towards the weeks
Los Angeles wildfires – A catalyst for breakbulk shipping demand amid rebuilding efforts
The recent wildfire in Los Angeles is expected to drive up import demand for bulk and breakbulk commodities in the US, while export numbers could decline. Rebuilding the region will
Dry Bulk Shipping: Brazil’s Iron Ore Exports to China on the Rise
Demand for Brazil’s iron ore, most notably from China rose by 4.1% during 2024. In its latest weekly report, shipbroker Banchero Costa said that “2024 was another positive year for
Greek shipping magnates top tanker newbuild order rankings in 2024
A record number of new tankers were ordered in 2024 with 435 orders placed across the year, an increase of around 31% year-on-year according to according to Veson Nautical’s ‘2024
Tanker – Weekly Market Monitor: Dirty Oil Flows and Tonne Days (Arabian Gulf – Far East)
January closed with weakening momentum in the dirty freight market, as the growth rate of demand tonne-days has yet to support a notable recovery. However, there are encouraging signs on