News Flash
Angola and Nigeria best positioned to benefit from high oil price cycle – BofA
Sub-Saharan Africa’s major energy exporters are entering a period of significant fiscal strengthening, with Angola and Nigeria emerging as the...
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G7 allies pledge energy supply defense amid escalating maritime threats
Foreign ministers from the Group of Seven (G7) nations issued a unified declaration on Saturday, signaling a readiness to implement...
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How exposed are iron ore prices to higher energy costs?
Iron ore prices are becoming increasingly sensitive to rising energy costs, as higher oil prices push up both shipping and...
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Japan looks to secure Hormuz transit for tankers after high-level Iran talks
In a move that could provide a critical reprieve for Asian energy security, Iranian Foreign Minister Abbas Araghchi has indicated...
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The Week in Alt Fuels: Shock LNG price rally fades against stronger LSMGO
Iran’s aerial attacks on Qatar’s Ras Laffan LNG facility, alongside strikes on energy infrastructure across the UAE and Saudi Arabia,...
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Hormuz tensions imperil Korea LNG carrier deliveries, push leasing options
As Israel’s bombing of Iran’s gas facilities signals a protracted war, attention is turning to the fate of ships that...
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BIMCO Launches New Laytime Network
BIMCO is pleased to announce the successful launch of its new Laytime Network, created for owner members with professionals whose...
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Hormuz naval escorts will not ensure vessel transits through Hormuz: IMO head
Naval escorts for oil tankers and other merchant vessels through the Strait of Hormuz have limited power to restore the...
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VLCC Tanker Market Facing New Questions Regarding Direction
Clean LR2 MEG LR2 freight eastward climbed modestly this week. The TC1 75kt MEG/Japan index went from WS353 to WS376....
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Chem tanker rates ex-USG surge on Middle East conflict; Asia-US container rates edge higher
Spot rates for US chemical tankers ex-US Gulf surged this week as the conflict in the Middle East has tightened...
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How the Middle East conflict is affecting metals markets
The US and Israel have launched coordinated strikes against Iran in the most consequential escalation of tensions in the Middle...
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European feed buyers delay purchases amid price uptick, currency volatility
The European feed market has slowed from the start of March, with participants indicating limited trading activity amid higher commodity...
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Accelleron and HD HMS part-load optimization driving fuel saving on Hapag-Lloyd container vessels
Accelleron and HD HMS (HD Hyundai Marine Solution) have conducted Engine Part Load Optimization (EPLO) projects on two vessels owned...
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Eastern Pacific Shipping completes second bound4blue eSAIL® installation with first newbuild deployment
bound4blue and Eastern Pacific Shipping (EPS) have completed the second installation of eSAILs® in EPS’ fleet, fitting three 22-metre-high units...
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Hapag-Lloyd and Government of India sign Letter of Intent on maritime cooperation
Hapag-Lloyd and representatives of the Government of India have signed a Letter of Intent (LOI) to deepen maritime cooperation and...
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Iran MPs propose tolls on shipping through Strait of Hormuz
Iranian lawmakers have proposed a plan to impose tolls and taxes on ships passing through the strategic Strait of Hormuz,...
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Rotterdam’s LNG price rally intensifies as Iran hits Qatar’s biggest LNG facility
This sharp rise is largely driven by an almost 30% increase in the front-month Dutch TTF Natural Gas contract, a...
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Distress or Deception? Sea Horse ‘Not Under Command’ While Delivering Cuba Gasoil
Sea Horse, a medium range tanker sailing for Cuba laden with Russian gasoil has been broadcasting it is “not under...
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Trump administration suspends Jones Act for 60 days amid Iran war
The US government has issued a 60-day waiver of the Jones Act, a White House official confirmed to Platts, as...
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Kongsberg Discovery and Fugro consolidate partnership with Main Supplier agreement
Kongsberg Discovery and Fugro have signed a new framework agreement that strengthens a decades-long technology partnership between the two companies....
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