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Strait of Hormuz closure risks greatest global energy supply shock in decades, Wood Mackenzie warns

A prolonged closure of the Strait of Hormuz poses the single greatest threat to global energy markets in decades, according to a new Horizons report from Wood Mackenzie, Strait Talking: Iran War Scenarios and the Future of Energy. More than 11 million barrels per day (b/d) of Gulf crude and condensate production is currently curtailed. …

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Concern for container cargoes

Merchandised trade entered this year on an unexpectedly strong footing, propelled by high-tech manufacturing and containerised shipping across the Pacific. However, beneath the surface of these strong early performance indicators is a more fragile reality, according to the United Nations Conference on Trade and Development (UNCTAD). In its newest report, Trade and Development Foresights 2026, …

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Will China Help Reopen Hormuz?

The long-awaited visit of U.S. President Donald Trump to Beijing to meet Chinese President Xi Jinping took place on Thursday. According to the U.S. State Department, both sides agreed that tolls should not be imposed on vessels transiting the Strait of Hormuz. However, it remains unclear how far China is willing to use its leverage …

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MAGPIE project demonstrates that safe ammonia bunkering in ports is possible

A new demonstration project in the Port of Rotterdam shows that ship-to-ship ammonia bunkering can be carried out safely within an active port environment. The demonstration is part of the EU-funded MAGPIE project, and the report is now available, providing concrete learnings that industry can use to guide future ammonia bunkering and accelerate global port …

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The Week in Alt Fuels: From multi-fuel to flexibility

As fuel regulations, infrastructure and bunker economics remain uncertain, shipowners appear to be seeking fuel flexibility without long-term commitments. Engine maker Everllence has developed a modular engine platform that can operate on conventional fuels while also allowing shipowners to retrofit to either methane or methanol dual-fuel propulsion when they think the time is right. Everllence …

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CMA CGM delivered resilient results and demonstrated its ability to adapt in the context of heightened geopolitical tensions and a volatile market environment

On the occasion of the publication of the Group’s first-quarter 2026 results, Rodolphe Saadé, Chairman and Chief Executive Officer of the CMA CGM Group, stated: ” In an uncertain geopolitical context, the Group delivered resilient performance in the first quarter of 2026, supported by the strength of our shipping activities and the diversification of our …

CMA CGM delivered resilient results and demonstrated its ability to adapt in the context of heightened geopolitical tensions and a volatile market environment Read More »

Genco Shipping & Trading Limited Files Investor Presentation and Urges Shareholders to Vote for the Company’s Highly Qualified Nominees and Reject Diana’s Inadequate Tender Offer

Highlights of the presentation include: • Genco’s proven Comprehensive Value Strategy is creating value for shareholders. Since 2021, Genco’s Board and management team have been implementing the Company’s Comprehensive Value Strategy, delivering $310 million or $7.16 per share in dividends to shareholders, generating outsized shareholder returns of 210%1 and positioning the Company for continued value …

Genco Shipping & Trading Limited Files Investor Presentation and Urges Shareholders to Vote for the Company’s Highly Qualified Nominees and Reject Diana’s Inadequate Tender Offer Read More »

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