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US tells countries to reject UN ship fuel emissions deal or face tariffs, sources say

The United States has told countries to reject a United Nations’ marine fuel emissions-cutting deal or face tariffs, visa restrictions and port levies, U.S. and European officials and sources told Reuters. The Trump administration is looking to boost U.S. economic might, including by taking a bigger role in global shipping, and has used tariffs as …

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Second-hand container ship prices jump 17% YoY despite weaker freight rates

“Despite significantly weaker freight rates, the average price for five-year-old container ships has increased 17% year-on-year and 6% since the beginning of 2025,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO. The average per TEU price of a basket of seven five-year-old container ships was USD 9,761/TEU in late August 2024. Since then, the price …

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Weak fundamentals and growing bearish sentiment after Arctic LNG 2 cargo docked in China

European TTF front-month price outlook: Bearish as lower temperatures, strong renewable generation, and higher LNG imports are expected to outweigh the bullishness stemming from the start of the maintenance season in Norway. The news of Arctic LNG 2 cargo docking in China will likely weigh down on prices in the coming days. An upside price risk to …

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Fujairah marine fuel premiums hold near year-highs on Sudan supply halt, sources say

Spot premiums for marine fuel at Fujairah, the world’s third-largest bunkering port, held near their highest levels this year, as fuel oil supply tightened after the United Arab Emirates stopped imports of Sudanese oil, trade sources said. The UAE did not import any Sudanese crude in August, according to ship-tracking data on Kpler, despite having …

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