Oil Prices Slide as Inflation Fears Outweigh Middle East Tensions
Oil prices fell sharply on Friday even as tensions between the United States and Iran continued to escalate, with investors […]
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CMA CGM Stands Alone With New Fuel Surcharge as Rivals Hold Steady Amid Hormuz Tensions
French carrier CMA CGM has introduced a temporary fuel surcharge on container freight following hostilities in the Hormuz region, while
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Maersk Halts Feeder Service to Ukraine’s Chornomorsk Port Amid Ongoing Attacks
Maersk has temporarily suspended its feeder service to Ukraine via the Chornomorsk Fishing Port, according to Bloomberg News, which cited
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Tanker Traffic Through Strait of Hormuz Keeps Falling as Shippers Seek Alternatives
Vessel traffic through the Strait of Hormuz continues to decline, according to ShippingWatch, as shipping companies adjust their routing in
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Trump Warns Iran Will Be Billed for Attacks on Ships and Cargo
US President Donald Trump has warned that Iran will be held financially responsible for any future damage to vessels and
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Saudi Arabia’s Oil Tankers Face Longer, Costlier Routes Amid Houthi Threats
Saudi Arabia’s crude oil shipments are being redirected onto a new route that brings longer sailing times, higher fuel costs,
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Kuehne+Nagel CEO: Suez Canal Route Unlikely to Reopen Soon Amid Renewed Attacks
Kuehne+Nagel’s chief executive has signaled that shipping traffic through the Suez Canal is unlikely to return to significant levels anytime
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Study Questions Whether Shipowners Can Reliably Recover EU ETS Carbon Costs
A new academic study suggests that shipping companies may not be able to depend on the EU’s statutory reimbursement mechanism
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EU Widens Sanctions Net to Target Bunkering Vessels Serving Russia’s Shadow Fleet
The European Union has broadened its sanctions regime targeting Russia’s so-called shadow fleet, now including vessels that provide bunkering and
Marine Fuel Market Updates
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