News Flash
Bunkering Services Initiative marks the start of operations across the ARA region
A group of leading companies officially launched the Bunkering Services Initiative (Initiative) across Amsterdam–Rotterdam–Antwerp (ARA) ports with operations having been...
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Why Did the United States Seize a Venezuelan Oil Shipment?
On December 10, President Trump announced that U.S. forces seized Skipper, a sanctioned oil tanker transporting Venezuelan oil. The following...
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ABB and HDF Energy to develop high-power fuel cell unit for large seagoing ships
ABB and HDF Energy have signed a joint-development agreement (JDA) to develop a high-power fuel cell unit for marine applications....
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Prompt HSFO extends rebound but forward market bearish
Asia’s prompt market for high sulphur fuel oil (HSFO) continued to recover into narrower discounts, though the forward market was...
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Can Venezuela survive US targeting its oil tankers?
Venezuela has been sidestepping a US oil export embargo for years, selling crude at a discounted price mainly to China....
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Baltic index edges lower on weaker panamax rates
The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels transporting dry bulk commodities, edged down on...
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KCC Capital Markets Day – Fleet expansion and optimization supporting continued profitable growth and value creation
Klaveness Combination Carriers ASA (“KCC”) hosts its Capital Markets Day at the company’s headquarters in Oslo. At the event, KCC...
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Iran detains 18 crew members of foreign tanker seized in Gulf of Oman
Iranian authorities detained 18 crew members of a foreign tanker seized in the Gulf of Oman on Friday that they...
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China to regulate steel exports with a licence system
The world’s largest steel producer, China, plans to roll out a licence system from 2026 to regulate exports of the...
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Edison expands its ship fleet
Edison announces that it has signed a contract with shipowner Knutsen OAS Shipping for the long-term charter of a new...
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Toll Group launches Singapore’s first electric decarbonisation hub
Toll Group, a leading global transportation and logistics provider, is accelerating the decarbonisation of maritime logistics with the launch of...
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Higher charter rates push TTF further below Asia spot LNG: what next?
The recent fall of the ICIS TTF front-month has pushed it to a year-low discount to East Asian spot LNG....
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Xeneta Ocean Container Shipping Market Update
This update uses ocean container shipping data and intelligence from Xeneta and eeSea. Peter Sand, Xeneta Chief Analyst “Looking at...
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VLCC Tanker Market Steadied Last Week
Clean LR2 MEG LR2’s remained stable this week The TC1 75kt MEG/Japan index stood resolute at the WS155 mark or...
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Dry Bulk Shipping: Challenging Market for Most Sizes
Capesize The market closed the week firmly on a softer footing, with sentiment deteriorating steadily across both basins despite pockets...
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Geopolitical Risks Increasingly Drive Deteriorating Shipping Outlook
Geopolitical and policy risks have become bigger drivers of our ‘deteriorating’ 2026 outlook for the global shipping sector than underlying...
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Trade growth slump on near horizon
The global economy has proven “resilient” this year, despite concerns about a sharper slowdown in the wake of higher trade...
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Expansion of Dangote’s refinery capacity to reshape Atlantic basin flows
The Dangote refinery’s expansion to 1.4 mbpd by 2028, doubling its current output, is expected to reshape regional trade dynamics...
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Delays for oil tankers in Turkish straits jump to 12 days on weather, security risks
Delays for oil tankers passing through the Turkish Straits have climbed to about 12 days for a round trip to...
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Middle East bunker activity mixed in November
Bunker fuel availability in Fujairah was firm across all grades in November, according to traders and suppliers in the Middle...
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Recent News
IMF chief says world economy faces multiple risks despite resilience:
European gas slides; ECB warns of quicker inflation impact:
Russian refining sector struggles amid intensifying Ukrainian attacks:
Iron Ore Rises for Fourth Straight Session:
Egypt ports handle 233 mln tons, 11.1 mln TEUs in 2025: Al-Wazir: