Increased sanctions (enforcement), resilient oil demand, partly due to stock building in China, and growing OPEC+ supply have all contributed to create a rate environment we have not seen since the freight rate boom in the early days of the pandemic…
Tanker Orderbook High Despite Market Unpredictability Read More »
A boat carrying members of the Rohingya community from Myanmar has sunk near the Thai-Malaysian border, with hundreds missing, seven dead and 13 rescued, the Malaysian maritime agency said on Sunday.Rescuers were combing an area of 170 square…
Hundreds Missing after Migrant Boat Sinks off Malaysia Read More »
Cleaner-fuel burning ships accounted for 37% of cargo vessel orders in the first 10 months of 2025, unchanged from the year-ago period, as buyers were uncertain about when global rules for cutting maritime emissions will take effect, data from…
Orders for Less Polluting Ships Hold Share Read More »
The Trump administration will hold an auction for drilling oil and gas off the U.S. Gulf next month and has proposed another in a waterway in southern Alaska, it said on Friday.The lease sale in the U.S. Gulf of Mexico, which President Donald Trump ref…
Trump Finalizes US Gulf Lease Sale, Proposes Alaska Sale Read More »
The tanker and oil markets are expected to face a different landscape, as a result of the latest policy choices by the US presidency. In its latest weekly report, shipbroker Gibson said that “Trump’s second presidency started with a strong push to chan…
Shipping and Oil Demand in the Under Trump’s Energy Agenda 2.0 Read More »