prices
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Maritime News
Oil Prices Fall on Hopes of a US-Iran Ceasefire
Oil futures fell more than 2% on Friday, closing out their steepest weekly decline since early April as traders awaited…
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Port News
VLCC asset prices defy gravity as five-year-old tonnage trades above newbuild contracts
The Hormuz crisis has broken the tanker market’s age depreciation curve entirely, with five-year-old VLCCs now trading above the price…
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Port News
Japanese owners cash in as aframax prices hit record highs
Nissen Kaiun is capitalising on surging tanker asset values, offloading modern eco aframaxes at levels rarely seen before. The most…
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Port News
Panama Canal prices take flight on Iran butterfly effect
The Panama Canal has recorded a significant rise in vessel transits and tonnage in the first half of its 2026…
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Maritime News
Urals Oil Prices at Russian Ports Rise Amidst Cheaper Freight Costs
The discount for Russian Urals oil on a FOB basis for cargoes loading from the Baltic port of Primorsk in April narrowed to $15-$17 per…
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Maritime News
Iran’s Strike on Ras Laffan Could Raise LNG Prices for Years
[By Dr. Adi Imsirovic]On March 19, Ras Laffan, the largest liquified natural gas (LNG) terminal in the world, supplying one-fifth…
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Maritime News
Sugar Futures Fall as Oil Prices Slump
Raw sugar futures on ICE fell on Monday after oil prices slumped following comments from U.S. President Donald Trump that…
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Maritime News
Op Ed: Keep Oil Prices Down or Sustain the Iranian Regime?
U.S. policymakers are faced with a dilemma, and one which is already being argued over in the domestic political arena.Should…
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Port News
Hormuz closure sends bunker prices to record levels
The ongoing war between Iran and the US/Israeli coalition has pushed bunker prices into record territory Ship&Bunker reports the average…
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Maritime News
As Energy Prices Rise, U.S. Green-Lights India’s Purchases of Russian Oil
Under pressure to control oil prices amidst a closure of the Strait of Hormuz, the White House is backtracking on…
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