Day: February 26, 2025

Broker platform wars spark debate

Energy News Beat The creation by five major broking houses this month of Ocean Recap has got the industry talking about how the business of fixing is changing, discussion of which forms the lead in the February issue of Splash Extra.  Five of the world’s leading shipbroking firms—Arrow, Gibson Shipbrokers, Howe Robinson, IFCHOR Galbraiths and […]

MSC withdraws megamaxes from Asia – North Europe trade

Energy News Beat MSC In what it describes as a “surprise move”, Alphaliner is reporting Mediterranean Shipping Co (MSC), the world’s largest containerline, has decided to shift all of its 19,200 to 24,300 teu megamax vessels, currently trading between the Asia and North Europe, to the Asia – Med and Asia – West Africa trades. […]

The Amazon of bunkers?

Energy News Beat Bunker buying is “broken”, according to James Peacock, the founder of XMAR, whose company, founded last year in Cyprus, has set out to give shipping a retail model for bunkers similar to how Amazon transformed online shopping. “Bunker buying is behind the rest of the industry, negotiations on WhatsApp, no clear price […]

Has the LNG sector passed rock bottom?

Energy News Beat No deep dive into any industry or sector should start with a downer. However, there are no two ways about it – the LNG shipping sector has been in freefall of late and nothing earth-shattering has happened in the first two months of this year to convince people that it will improve […]

Cautious ship sales mood

Energy News Beat Cautious is the watchword to sum up the sale and purchase scene in February. With the US contemplating taxing Chinese-built tonnage, there is a clear sentiment to pick out Japanese-built ships all of a sudden. “As the Trump 2.0 reality show unfolds, as it does daily, often with singular market-moving tweets, we […]