Global Bunker Prices Edge Higher as Underpricing Trend Persists

Scrubber Spread Holds Below $100 as VLSFO Remains More Profitable. IEA Projects LNG Demand Growth With Major Supply Boost in 2026. European Gas Storage Rises to 76% as TTF Benchmark Climbs. As we wrap...

CMA CGM Moves for $2.1bn Ultra-Large Containership Order in China

DSIC Poised to Build Six Firm Plus Four Optional LNG Dual-Fuel Vessels. Fresh Order Estimated at $2.1bn Based on Recent Pricing. CMA CGM Fleet to Grow Beyond 4m Teu With 1.5m Teu on...

Lessons Learned: Urea Cargo Quality Dispute and Resolution

This case, reported by the Swedish Club, involved a cargo quality dispute during the discharge of urea at an African port. The incident centered on the alleged poor quality of the urea, specifically its...

Global Tanker Fleet Grows as Older Ships Weigh on Renewal

MR Tankers Lead in Numbers While VLCCs Dominate Capacity. One in Five Tankers Now Over 20 Years Old, Led by MRs and LR1s. 65 New Tankers Delivered in 1H25 as Aframax/LR2 and MR...

WCI Falls for 11th Week as Tariffs and Oversupply Push Down Spot Rates

Transpacific Spot Rates Fall as US Retailers Pull Back After Early Peak Season. Shanghai–Los Angeles and Shanghai–New York Rates Weaken Amid Tariff Pressures. Asia–Europe Spot Rates Slide as Vessel Surplus Offsets Demand and...

How AIS and Satellite Tracking Transform Global Shipping Visibility

AIS provides nearshore vessel tracking, while satellite AIS covers open oceans and remote regions. Combining AIS and satellite data ensures full-range visibility, enabling anomaly detection and predictive routing. Integrated tracking supports shipping companies,...

Global Schedule Reliability Declines in July 2025 After Six-Month Rise

Average Vessel Delays Increase in July 2025. Maersk Leads Carrier Reliability, HMM at the Bottom. New Metrics Track Alliance Performance. In July 2025, we saw a month-on-month dip in global schedule reliability for the...

Why VLCCs Hold the Advantage in the Next Tanker Upswing

VLCC orderbook remains tight with limited new deliveries through 2025, unlike mid-size segments. Rising refinery throughput in the Middle East, West Africa, Brazil, and Canada is boosting long-haul VLCC demand. VLCCs maintain a...

Hanwha Expands U.S. Shipbuilding with $5 Billion Philly Shipyard Upgrade

Hanwha Group announced a $5 billion infrastructure program to expand Hanwha Philly Shipyard under South Korea’s broader $150 billion U.S. shipbuilding initiative. The company’s U.S. subsidiary placed orders for 10 MR oil and...

Tanker with Crude Cargo from Sudan Idles Off UAE as Bilateral Ties Sour

Sudan’s Bashayer terminal exports about 170,000 b/d of Dar and Nile Blend crude, with the UAE historically the top buyer at 44%. Much of the crude has been processed in Fujairah refineries, though...