Freight Rates for Transatlantic Voyages Soar as Europe Pulls More US Diesel
Freight rates for MR tankers hauling U.S. diesel to Europe have tripled in two weeks amid supply concerns due to the escalating Iran-Israel conflict. Read More
Asia’s Oil, Refined Prices Jump on Israel-Iran Conflict
Oil and refined product prices rose in Asia on Friday amid heightened levels of uncertainty following Israel’s attacks on Iran’s nuclear facilities. Read More
Bunker Market Faces Challenging Future: 2050 Marine Energy
Tight margins, alternative fuel headwinds and increased competition for bunker volumes are just some of the challenges facing the current and future bunker market, according to Adrian Tolson, principal of 2050 Marine Energy. Read More