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US tells countries to reject UN ship fuel emissions deal or face tariffs, sources say

US tells countries to reject UN ship fuel emissions deal or face tariffs, sources say
The United States has told countries to reject a United Nations’ marine fuel emissions-cutting deal or face tariffs, visa restrictions and port levies, U.S. and European officials and sources told Reuters. The Trump administration is looking to boost U.S. economic...
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Weak fundamentals and growing bearish sentiment after Arctic LNG 2 cargo docked in China

Weak fundamentals and growing bearish sentiment after Arctic LNG 2 cargo docked in China
European TTF front-month price outlook: Bearish as lower temperatures, strong renewable generation, and higher LNG imports are expected to outweigh the bullishness stemming from the start of the maintenance season in Norway. The news of Arctic LNG 2 cargo docking in...
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Second-hand container ship prices jump 17% YoY despite weaker freight rates

Second-hand container ship prices jump 17% YoY despite weaker freight rates
“Despite significantly weaker freight rates, the average price for five-year-old container ships has increased 17% year-on-year and 6% since the beginning of 2025,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO. The average per TEU price of a basket of seven...
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Dry Bulk Market: Each Ship Class is Telling a Different Story

Dry Bulk Market: Each Ship Class is Telling a Different Story
Depending on the ship type, the dry bulk shipping market tells a very different story so far this year. In its latest weekly report, shipbroker Xclusiv said that “now that summer has come to an end, it is a good moment to look back and assess how the dry bulk market...
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Oaktree Capital Management Sells 14.45% of TORM to Hafnia Ltd.

Oaktree Capital Management Sells 14.45% of TORM to Hafnia Ltd.
TORM plc has today been informed of the announcement (the Announcement) by Hafnia Limited (“Hafnia”), confirming that Oaktree Capital Management, L.P. and its affiliates have accepted, subject to entering into a definitive agreement, to sell to Hafnia approximately...
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Russia’s natural gas and coal exports have been decreasing and shifting toward Asia

Russia’s natural gas and coal exports have been decreasing and shifting toward Asia
Since Russia’s full-scale invasion of Ukraine in February 2022, both Russia’s natural gas and coal exports have declined when compared with 2021. Russian exports to Europe have decreased most notably due to a mix of European sanctions and other policies aimed at...
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