RECENT NEWS
“Freedom of navigation is not negotiable”: IMO addresses UN Security Council on maritime safety in the Strait of Hormuz
Addressing the UN Security Council on the topic of ‘The safety and protection of waterways in the maritime domain, he emphasized: “The principle of freedom of navigation is not negotiable. Ships must be allowed to trade worldwide unhindered and in accordance with...
KCC First Quarter 2026 — A solid start to the year, with an even stronger Q2 outlook on the back of a buoyant tanker market
Klaveness Combination Carriers ASA (“KCC”) reported EBITDA of USD 29.3 million and Profit after tax of USD 15.6 million for the first quarter of 2026, an increase of 30% and 51% Q-o-Q, respectively. Second quarter results are expected to strengthen further, mainly...
Biofuel Bunker Snapshot: Conventional prices push B30 prices higher
ARA and Europe Rotterdam’s B30-VLSFO (POMEME) grade has surged around $152/mt through the past week, since Friday 17 April. This rise was mainly supported by the surge in conventional VLSFO price. VLSFO price in Rotterdam has gained by around $119/mt in the same...
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