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Panama Canal Announces Draft Adjustment for Neopanamax Vessels

The Panama Canal announced through an advisory to shipping companies that, effective July 1, the maximum authorized draft for vessels transiting the Neopanamax locks will be 49.5 feet (15.09 meters). The adjustment is based on current and projected Gatun Lake levels...

Biofuel Bunker Snapshot: Rotterdam B30-VLSFO edges higher despite POMEME barge price drop

ARA and Europe Rotterdam’s B30-VLSFO (POMEME) price has shown a slight increase of $9/mt over the week. The port’s conventional VLSFO price has dipped around $5/mt during the same time. Prima Markets has assessed a $64/mt drop in POMEME barge price, which has failed...

Carriers announce peak season surcharges on demand surge ahead of fresh US tariffs

Container shipping majors are out with peak season surcharges for mid-June and early-July, driven by soaring demand amid an early onset of peak season as US importers rush to get goods into the country before Section 301 tariffs take effect. The United States Trade...

Sanctioned tanker scrapping could offset large order book: operators

Whether a large newbuild order book would weigh on tanker rates could depend on the pace of shadow-fleet scrapping and evolving demand situations during the Hormuz shipping crisis, some ship operators said. Industry association BIMCO estimates the crude tanker order...

Greek shipowners work with Japan, Liberia on new IMO bunker rules

The Union of Greek Shipowners has reached out to Liberia and Japan to work on alternative proposals to the International Maritime Organization’s Net-Zero Framework, the group said June 5, also calling on the EU to make firmer commitments in rolling back its...

Panama Canal Announces Draft Adjustment for Neopanamax Vessels

Biofuel Bunker Snapshot: Rotterdam B30-VLSFO edges higher despite POMEME barge price drop

Carriers announce peak season surcharges on demand surge ahead of fresh US tariffs

Sanctioned tanker scrapping could offset large order book: operators

Greek shipowners work with Japan, Liberia on new IMO bunker rules

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