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Bunker Holding delivers satisfactory results in a highly competitive and shifting market

Bunker Holding delivers satisfactory results in a highly competitive and shifting market
The financial year 2024/2025 has presented a new set of challenges for Bunker Holding. In addition to a year shaped by intensified competition, oil prices reaching a four-year low, and limited volatility, Bunker Holding has also conducted write-downs on assets...
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Iran tensions make thermal coal a winner against pricier LNG

Thermal coal may end up as a major beneficiary of escalating hostilities in the Middle East, as the fuel used to generate electricity becomes cheaper than one of its main competitors liquefied natural gas (LNG). Much of the focus of the potential fallout from the...
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Global maritime healthcare specialist VIKAND backs industry efforts to improve diversity and tackle harassment, in the run up to Day of the Seafarer

Global maritime healthcare specialist VIKAND backs industry efforts to improve diversity and tackle harassment, in the run up to Day of the Seafarer
VIKAND has pledged its support to Day of the Seafarer (25th June) and the International Maritime Organization’s 2025 campaign theme: My Harassment-Free Ship. The campaign aims to address the major issue of harassment faced by seafarers, highlighting that over 50% of...
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Performance Shipping Inc. Announces Acceptance Of A Signed Commitment Letter From Alpha Bank To Refinance Existing Facilities

Performance Shipping Inc. Announces Acceptance Of A Signed Commitment Letter From Alpha Bank To Refinance Existing Facilities
Performance Shipping Inc., a global shipping company specializing in the ownership of tanker vessels, announced that it has accepted a commitment letter whereby it intends to enter into an agreement for a refinancing of the existing loan outstanding of US$29,750,000...
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Escalating Hormuz tensions drive up Middle East war risk insurance costs, sources say

Escalating Hormuz tensions drive up Middle East war risk insurance costs, sources say
U.S. and Israeli attacks on Iran and Tehran’s reprisals have doubled the price of insuring shipments to the Middle East and the Gulf in the last week, insurance sources said. War risk insurance premiums for shipments to the Middle East Gulf have jumped to 0.5% from...
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LNG freight rates hit 8-mth top on tight tanker availability, Mideast conflict

Shipping costs for liquefied natural gas cargoes have rallied to their highest in about eight months with vessel availability tightened by a shift in more ships heading to Asia at the same time as conflict has escalated in the Middle East. The Atlantic freight rate...
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