News Flash

LNG Bunker Snapshot: Prices spike as Middle East crisis rattles global supply

LNG Bunker Snapshot: Prices spike as Middle East crisis rattles global supply

LNG bunker prices in Rotterdam and Singapore have surged sharply as Middle East tensions, disruptions to Qatar’s LNG exports and...
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Gard and NAVTOR partner to launch Gard Insights on NavStation

Gard and NAVTOR partner to launch Gard Insights on NavStation

For those at sea, every decision counts, and in the dynamic world of shipping, timely access to the right information...
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MOL Acquires Stake in V.Ships France, Expands LNG Fleet Under Management

MOL Acquires Stake in V.Ships France, Expands LNG Fleet Under Management

V.Group, the global ship manager and marine services provider, has today announced a strategic partnership with shipping company Mitsui O.S.K....
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OPEC Retains Oil Forecast, Says Saudi Arabia Increased Oil Production Prior to Iran War

OPEC Retains Oil Forecast, Says Saudi Arabia Increased Oil Production Prior to Iran War

Crude Oil Price Movements In February, the OPEC Reference Basket (ORB) value increased by $5.59/b, month-on-month (m-o-m), to average $67.90/b....
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IEA Member countries to carry out largest ever oil stock release amid market disruptions from Middle East conflict

IEA Member countries to carry out largest ever oil stock release amid market disruptions from Middle East conflict

The 32 Member countries of the International Energy Agency unanimously agreed today to make 400 million barrels of oil from...
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Container ship order book hits new record high with 11.8m TEU on order

Container ship order book hits new record high with 11.8m TEU on order

“Despite increasing trade policy uncertainty and falling freight rates, the container ship order book has continued to expand. It now...
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Asia’s high sulfur fuel oil cash differentials surge to highest since IMO 2020

Asia’s high sulfur fuel oil cash differentials surge to highest since IMO 2020

The ongoing disruption in oil flows due to the US-Israel war with Iran has pushed Asia’s benchmark high sulfur fuel...
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Hormuz traffic increases, at least two sanctioned ships cross strait: CAS

Hormuz traffic increases, at least two sanctioned ships cross strait: CAS

Eight ships crossed through the Strait of Hormuz on March 10, up from three ships the day before, according to...
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Baltic Dry Index Edges Up

Baltic Dry Index Edges Up

The Baltic Exchange’s dry bulk index, which tracks rates for vessels transporting dry commodities, rose about 0.4% to 1,926 points...
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WAF crude tanker rates slide from record highs on influx of ballasters

WAF crude tanker rates slide from record highs on influx of ballasters

Suezmax and Very Large Crude Carrier rates for voyages loading in West Africa have tumbled since hitting multi-decade highs during...
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Smart Ship Hub and ORBYT Global Group partner to deliver integrated compliance and emissions reporting platform

Smart Ship Hub and ORBYT Global Group partner to deliver integrated compliance and emissions reporting platform

Smart Ship Hub (SSH), a leading vessel optimisation platform, has entered a strategic partnership with maritime technology communications specialist ORBYT...
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Lauritzen Bulkers Reports Good Performance in a Challenging Year

Lauritzen Bulkers Reports Good Performance in a Challenging Year

Lauritzen Bulkers has announced its 2025 financial results, closing a year characterised by rapid market shifts, tariff-related disruptions, and heightened...
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S Korea, Taiwan, and Singapore vulnerable to lost Qatari LNG

S Korea, Taiwan, and Singapore vulnerable to lost Qatari LNG

QatarEnergy’s force majeure declaration on LNG exports has put Asian buyers into a predicament of having to replace about a...
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China may resume US crude imports on supply crisis after 9-month gap: sources

China may resume US crude imports on supply crisis after 9-month gap: sources

Chinese state-run refiners may resume US crude imports after a nine-month suspension amid the supply crisis in the Middle East,...
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War Risk Coverage Exit Credit Negative for Exposed U.S. Marine Insurers

War Risk Coverage Exit Credit Negative for Exposed U.S. Marine Insurers

Fitch Ratings expects the withdrawal of hull war risk marine insurance coverage in the Persian Gulf to be credit negative...
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MarinePALS CEO calls for action to make defibrillators mandatory on all merchant vessels

MarinePALS CEO calls for action to make defibrillators mandatory on all merchant vessels

The message from MarinePALS CEO Captain Pradeep Chawla is clear: “We have waited too long. It is time to make...
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Enhanced Indian scrutiny raises barriers for sanctioned vessels seeking recycling

Enhanced Indian scrutiny raises barriers for sanctioned vessels seeking recycling

India’s decision to introduce additional documentation checks before end-of-life vessels are cleared could prevent the practice of fake documents among...
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Global Bunker Prices Surge By 30-35%, Tracking Soaring Crude As US-Iran Crisis Persists

Global Bunker Prices Surge By 30-35%, Tracking Soaring Crude As US-Iran Crisis Persists

Global bunker fuel prices have surged by 30-35% over the past week as the US-Iran conflict and closure of the...
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Hormuz Strait traffic tapers amid war as tankers await passage: CAS

Hormuz Strait traffic tapers amid war as tankers await passage: CAS

The number of ships transiting the Strait of Hormuz has continued to taper since the start of the war in...
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G7 tankers gain share in Russia before US waiver for sanctioned ships

G7 tankers gain share in Russia before US waiver for sanctioned ships

A temporary US waiver has enabled sanctioned tankers to transport Russian oil, after G7-linked tanker operators increased their share in...
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