Global bunker fuel prices have surged by 30-35% over the past week as the US-Iran conflict and closure of the Strait of Hormuz has sent crude oil prices soaring to multiyear highs, leading container carriers to implement emergency surcharges. Global container shipping...

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The number of ships transiting the Strait of Hormuz has continued to taper since the start of the war in the Middle East, falling to just four ships on March 8 from 91 seen on Feb. 28, according to S&P Global Commodities at Sea data collected on March 9. AIS...

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A temporary US waiver has enabled sanctioned tankers to transport Russian oil, after G7-linked tanker operators increased their share in the restricted market last month. On March 5, the Office of Foreign Asset Control said Russian crude and refined products loaded by...

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TT-Line, the German ferry operator, has revealed that – working closely with Everllence PrimeServ Germany – its Ro-Ro passenger vessels, the ‘Nils Holgersson‘ and the ‘Peter Pan’, successfully operated on bio-LNG during 2025, enjoying a significant emissions reduction....

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A subsidiary of Klaveness Combination Carriers ASA has secured a two-year time charter for MV Bass (built 2021). The main terms of the time charter with a leading player in the global energy industry were concluded in mid-February and will commence in May 2026. CEO...

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Euro zone economic growth faces its stiffest test in years as surging energy prices from the Middle East conflict threaten to tip the region into stagflation, Barclays warned in a recent note. Oil prices have risen 29% and gas prices 67% since Feb. 26, according to...

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