NeptuneZero, a Greek deep-tech company developing AI-powered solutions for vessel performance optimization and automated maritime reporting, announces the completion of a €500,000 seed investment round. The round was led by Corallia Ventures TT AKES, with...
Hapag-Lloyd and Kuehne+Nagel are further strengthening their long-standing partnership and, for the first time, collaborating on emission-reduced ocean transport solutions. As part of this agreement, Kuehne+Nagel will utilize Hapag-Lloyd’s “Ship Green” product to...
Rotterdam and Europe Rotterdam’s B30-VLSFO (POMEME) price has increased by $35/mt in the last week. The port’s conventional VLSFO price rise has been over twice as steep, at $74/mt. Prima Markets has assessed a $13/mt drop in its ARA POMEME barge price over the last...
It’s been a nightmare two months for global shipping, with the Strait of Hormuz largely shut to commercial traffic and the threat of fresh attacks on vessels in the Red Sea. Now, a third crisis is brewing — a resurgence in Somali piracy. Even before the latest...
Guinean iron ore shipments breach 1.2mt for the first time as Simandou ramps up, with Brazil and Australia also seeing exports increase. China, so far, has absorbed the additional tonnage. Global iron ore flows reached more than 143mt in April 2026, up just under 7%...
In this Market Pulse, we analyse how the market is rebalancing after the removal of around 20 Mbd of flows through the Strait of Hormuz. The adjustment is being driven by supply cuts, refinery run reductions, limited rerouting, demand erosion, and inventory drawdowns,...