Klaveness Combination Carriers ASA (“KCC”) reported EBITDA of USD 22.6 million and Profit after tax of USD 10.4 million for the fourth quarter of 2025. For the full year 2025, EBITDA amounted to USD 79.8 million and Profit after tax to USD 33.4 million. CEO Engebret...

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On 6 February, the European Commission proposed the 20th package of sanctions against Russia. At the centre of the new suggested measures is a full maritime services ban for Russian crude oil. This extends existing restrictions and aims to restrict access to EU...

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After compliance balances were closed at year-end, additional 2025 surplus volumes were released to the market in January. This increase in available supply led to a temporary easing of pooling prices, with OPX dropping to €213 per ton of CO₂e. By February, this...

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As China’s shipbuilding industry has aggressively increased orders for liquefied natural gas (LNG) carriers since the start of the year, some analysts say the move is paradoxically serving as a lever that boosts Korean shipbuilders’ bargaining power on prices. As...

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The Baltic Exchange’s dry bulk index, which tracks rates for vessels transporting dry commodities, snapped a two-day winning streak on Friday, falling about 0.6% to 2,083 points, pressured by the bigger-size segment. The capesize index, which typically transports...

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Sailing from the Gulf of Finland and through the Baltic Sea, the ageing and poorly-maintained tankers mainly transport crude oil as well as refined products such as gasoline and diesel. Tankers from Russia’s “shadow fleet” circumventing European sanctions navigated...

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