Lloyd's List • August 30, 2024

Tanker shipping’s dark fleet to keep growing until ‘margins are destroyed’

Frontline: Sanctions and regulations won’t halt dark fleet rise, overcapacity will

Lloyd's List • August 21, 2024

Shipowners still adding more scrubbers, via newbuildings not retrofits

Escalating scrubber use equates to ongoing strong demand for high-sulphur fuel oil.

FreightWaves • September 7, 2023

Time to start worrying again about rising cost of ship fuel

Fuel costs were overshadowed by skyrocketing freight rates amid the supply chain crisis. Now, fuel costs are much more important.

FreightWaves • August 18, 2023

There’s more coal being shipped by sea than ever before

The global coal trade is thriving, with dry bulk ships busy carrying the loads. As the West consumes less coal, Asia buys even more.

FreightWaves • July 20, 2023

Ship fuel spreads and LNG prices fall to lowest levels in years

Spreads between high- and low-sulfur fuels are down to pandemic levels and LNG has become much more economical.

FreightWaves • July 20, 2023

Thousands of ships could use LNG as fuel. Is that a good thing?

Shipowners have invested billions in the LNG fuel option in the belief that it will benefit regulatory compliance and the environment.

FreightWaves • July 12, 2023

Is IMO 2020 shipping regulation worsening global warming?

Sulfur pollution addressed by IMO 2020 created a health risk, but that pollution had a cooling effect, which has now been reduced.

FreightWaves • July 12, 2023

How ‘historic’ decarbonization deal could inflate future shipping rates

The agreement should keep tanker and bulker orders in check, while increasing the risk of a future carbon tax on container shippers.

FreightWaves • June 1, 2023

Fear of catastrophic shipping accidents rises despite safety gains

Older ships are being kept in service longer in pursuit of profits, heightening the risk of accidents and spills.

FreightWaves • May 2, 2023

As oil tumbles, marine fuel gets cheaper — and so do tanker stocks

The price of crude oil is now lower than it was when OPEC announced its latest cuts, fueling more concern on tanker demand.

FreightWaves • March 31, 2023

Ship fuel cost way down from war peak, but ‘green’ fallout looms

Surging costs after Russia’s invasion of Ukraine could be a taste of things to come as shipping transitions to more expensive “green” fuels.

FreightWaves • March 22, 2023

How decarbonization backfired, slowing tanker building to trickle

Shipowners say they won’t order expensive new dual-fuel tankers without charters. They’re not getting charters, so they’re not ordering.

FreightWaves • February 9, 2023

Welcome to the dark side: The rise of tanker shipping’s ‘shadow fleet’

Sanctions have split the world’s tanker fleet in two. On one side, those that follow Western rules; on the other, those that don’t.

FreightWaves • December 22, 2022

New shipping regulation to combat global warming is under fire

Backers of a shipping regulation that begins Jan. 1 believe it will reduce carbon emissions. Critics warn it could backfire and increase them.

FreightWaves • December 5, 2022

Price of ship fuel falling even as Russia-Ukraine war rages on

Declining ship fuel prices equate to savings for containerized cargo shippers and lower costs for tanker and bulker owners.

FreightWaves • August 22, 2022

The sinking price of ship fuel: Near prewar levels after summer plunge

The cost of marine fuels is down sharply from the wartime peak, except for ‘clean’ LNG, which is getting even more expensive.

FreightWaves • July 21, 2022

Ships that ‘scrub’ emissions earn twice as much as those that don’t

Exhaust gas scrubbers are allowing tankers, bulkers and container ships to keep burning dirtier — and much cheaper — marine fuel.

FreightWaves • June 27, 2022

Container-ship building spree not over yet; new orders still rising

A flood of newly built container ships will be delivered by shipyards in 2023-25. Can liners maintain pricing power?

FreightWaves • June 2, 2022

Ship fuel enters uncharted territory as prices hit new wartime peak

It took longer than expected, but the IMO 2020 investment pitch — save on ship fuel by installing scrubbers — is paying off big time.

FreightWaves • March 4, 2022

Russian invasion propels price of ship fuel to historic high

The cost of the fuel consumed by the world’s commercial ships has skyrocketed — and it’s still rising.