
Product Tanker Demand Supported by Diesel Market Shifts, Intermodal Reports
Clean tanker markets are seeing positive momentum amid shifts in diesel supply, firm pricing, and coordinated energy security measures.
Shipping & Logistics
Tanker and dry bulk markets, port investment, terminal throughput and maritime supply chain performance.

Clean tanker markets are seeing positive momentum amid shifts in diesel supply, firm pricing, and coordinated energy security measures.
Trafigura has formed Volare Shipping Ltd., a dedicated subsidiary created to own, operate, and expand a modern fleet of oil tankers.
Trafigura is launching Singapore-based Volare Shipping with a $500m private placement ahead of a planned public listing in Oslo.
Writing for The Motorship, Alkagesta chief executive Orkhan Rustamov argues that record Panama Canal, Black Sea and Gulf–Far East costs are a call to action for shipowners and traders, not a fact of life.
Spot freight rates for dirty tankers strengthened in August, propelled by a broad recovery in VLCC earnings across all monitored routes, according to OPEC.
Ocean container spot rates inbound to the US East Coast are approaching peak levels recorded during the Covid-19 pandemic amid falling service reliability, according to Xeneta.
The UK Chamber of Shipping and Cruise Lines International Association have launched a cross-industry group to support low-carbon maritime fuel policies and infrastructure.
Rising gas prices and carbon allowance gains continue to shape the maritime sector under the European Union emissions framework, according to Intermodal.
Greek tanker operator Minerva Marine has reportedly agreed to sell the 20-year-old ice-classed aframax Minerva Nounou to Chinese buyers for more than $40m.
Global tanker routes could see increased West-to-East crude flows in the coming years following a bilateral agreement between the US and Venezuela, according to Gibson.
Container freight rates from East Asia to the US climbed as Asian port delays reduced global schedule reliability to 56.4% in July 2026, while US Gulf chemical tanker rates eased.
Shenzhen-listed Nanjing Shenghang Shipping has lined up an order for six stainless-steel chemical tankers at China Merchants Nanjing Shipyard.
Spanish technology firm bound4blue has fitted four 22-metre suction sails on Marflet Marine's chemical tanker Santiago I to cut energy consumption.
Navios Maritime Partners has committed its 2009-built Capesize bulk carrier Navios Pollux, according to a report from shipbroker Advanced Shipping & Trading.
Monaco-based Scorpio Tankers has fixed three product tankers on three-year contracts expected to generate over $110 million in aggregate gross revenue.
Lloyd's Register and China's MARIC have introduced a tri-fuel-ready tanker concept offering operational pathways for LNG, methanol, and ammonia.
A.P. Moller – Maersk has chosen Anemoi Marine Technologies to install a wind-assisted rotor sail system on an 8,700 TEU container vessel.
Wah Kwong NatPower has signed a preliminary agreement with Jiangsu Port Investment to evaluate maritime electrification and decarbonisation opportunities in China.
Lloyd’s Register, Maersk, and port authorities in Charleston and Felixstowe have teamed up to examine the regulatory and safety demands of nuclear-powered container transport.
Hercules Tanker Management has commenced the maiden voyage of the Hercules Vanessa, an ultra-spec tanker capable of carrying biofuels and methanol.
Worsening port delays are temporarily removing significant container vessel capacity from the market as the sector anticipates a major release of tonnage.
Swedish shipowner Furetank has christened its intermediate tanker Fure Vasa during a ceremony in Uddevalla, marking its 40th anniversary.
DP World's marine division, Shipping Solutions, has officially named its inaugural methanol dual-fuel vessel, DP World London, at a ceremony in Denmark.
Shipowners are increasing purchases of very large crude carriers amid expectations of prolonged rate gains driven by Middle East volatility.
A joint order by four shipowners from Sweden, Norway, and Canada expands the Furetank-designed Vinga tanker series to 26 vessels.
The UK Chamber of Shipping has stressed that regulatory frameworks alone cannot drive maritime decarbonisation as the government releases feedback on its net zero ports strategy.
COSCO SHIPPING Ports has recorded higher total and equity throughput for the first half of 2026, despite softer container momentum at Piraeus Port.
Daily supertanker earnings on the Saudi Arabia to China route have surged to historic highs as Persian Gulf export volumes increase.
Gibson Shipbrokers reports that the upcoming peak in US refinery maintenance may affect freight markets differently compared to historic trends.
Four shipowners across Sweden, Norway, and Canada have contracted four new dual-fuel LNG tankers, expanding the Vinga vessel series to 26 units.
Combining wind assistance with dual-fuel capability helps shipowners manage future fuel risks by prioritising lower consumption, according to BAR Technologies.
A consortium of shipowners from Sweden, Norway, and Canada has contracted four VINGA product tankers for delivery across 2028 and 2029.
German financier KfW IPEX-Bank has agreed to provide €79.3 million in credit for two methanol dual-fuel self-unloading dry bulk vessels.
The International Atomic Energy Agency has introduced its ATLAS programme to advance licensed maritime atomic technologies during an event in Washington, D.C.
Crude values have fallen following diplomatic engagement between Iran and Oman, though maritime transport costs persist at historic peaks.
COSCO Shipping Ports posted a 7.9% increase in first-half throughput alongside double-digit revenue growth and plans to scale up clean energy adoption.
Danish tanker operator Torm has cautioned that extended conflict in Iran could prolong shipping risks and elevated freight expenses in the Strait of Hormuz.
Port Qasim is expanding its navigation channel through a $250 million dredging programme to handle larger vessels following a sharp increase in transshipment traffic.
Maritime operators are facing significantly higher costs to secure vessel transits amid compounding geopolitical, environmental, and regulatory hurdles.
Encomara has achieved Technology Readiness Level 7/8 for its Squid floating offshore wind connection system following Scottish port trials recognized by ABS.
Himalaya Shipping has converted two index-linked newcastlemax bulkers to fixed-rate contracts averaging $53,000 daily through early next year.
A consortium of European and Canadian shipowners has placed an order for four product tankers in China, expanding the Vinga vessel series to 26 ships.
Stronger freight rates driven by trade tariff concerns and ongoing logistics disruptions are expected to deliver substantial profit gains for Chinese box carriers.
Product tanker operator Hafnia has sold its 50 percent stake in two MR tankers held via a joint venture with Andromeda Shipping.
Japan is planning an overhaul of its maritime tax framework as policymakers place greater emphasis on shipping as an economic security priority.