Price
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Marine World
Hormuz on a Knife-Edge: Shipping Pays the Price as the Iran-U.S. Ceasefire Unravels
The Strait of Hormuz is bleeding trade confidence again. Barely a month after Washington and Tehran signed a memorandum of…
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Maritime News
Record High Bunker Oil Price Difference Between Asia and Europe
New analysis from Danish Shipping Companies shows that the price difference for bunker oil in Singapore and Rotterdam set a…
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Marine World
EIA Sees Weak Global Oil Demand Limiting Price Spike from Hormuz Disruption
The U.S. Energy Information Administration (EIA) has lowered its outlook for global oil demand in 2026, saying weaker consumption could…
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Marine World
EU May Keep Russian Oil Price Cap Unchanged at $44 per Barrel to Pressure Moscow
The European Commission may propose leaving the G7 price cap on Russian crude unchanged at its July review, in an effort to curb…
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Maritime News
Battle of Bulkers Continues as Daina Increases Offer for Genco
The battle between two leading dry bulk operators heated up as Diana Shipping looked to further increase the pressure on…
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Marine World
Singapore Shipping Tycoon Indicted in Global Container Price Cartel Case
By Rong Wei Neo (Bloomberg) — Singapore shipping tycoon Teo Siong Seng was accused by the US of colluding to raise…
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Port News
Tainted bunkers in Asia add to shipowners’ woes amid price and supply pressures
Compounding existing concerns over price and limited availability, shipowners seeking bunkers in Asia face another issue: tainted fuel. Marine insurer…
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Maritime News
Brazil Gets HMS Bulwark for a Bargain Price
The Royal Navy has sold the Albion Class amphibious assault ship HMS Bulwark (L15) to the Brazilian Navy for a…
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Maritime News
NYK and Mitsui OSK to Settle Long-Running UK Pricing Fixing Allegations
Two of Japan’s leading shipping companies and operators of car carriers have agreed to settle a long-running case in the…
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Marine World
Container Spot Rates Rebound as Carriers Shift to Weekly Price Hikes
Global container shipping rates climbed 7% this week to $1,927 per 40-foot container, snapping a three-week decline that had pushed…
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