Contradictions muddying the waters of the global sanctions regime on Russian oil are making it increasingly difficult for ship operators, even with the best intentions, to stay on the right side of the law. At a Baltic Exchange presentation that took p…
Sanctions, uncertainty and the shadow fleet Read More »
We welcome the continued engagement by governments and stakeholders at the latest meeting of the Basel Convention Open-ended Working Group (OEWG), where discussions focused on the complex legal and environmental framework for ship recycling. The meetin…
BIMCO: Basel OEWG outcome brings ship recycling clarity closer, but more work is needed Read More »
Following the announcement of a ceasefire on 24 June, the operational environment shifted from a complete closure towards a tightly managed but highly contested transit regime. On 24 June, temporary routing arrangements coordinated by Oman and the Inte…
AG Oil Flows: How Far is Normalization Read More »
Fuel-related charges more than doubled following the escalation of the Iran conflict, as carriers introduced emergency bunker surcharges while standard BAF mechanisms gradually adjusted to higher bunker prices. This created a challenging environment fo…
The Impact of the Iran Conflict on BAF Read More »
Global coal demand has been rising over the last couple of years, with new record highs reached in both 2024 and 2025 at around 8.8 billion tonnes, according to the International Energy Agency (IEA). However, growth has slowed and speculation regarding…
War, Weather & Tragedy: Why Coal Demand Could Surge in 2026 Read More »