Iran pressure puts China at the centre of crude trade shifts

US policy uncertainty raises volatility as Chinese buying patterns shape tanker demand Oil prices edged modestly higher over the week, supported by renewed geopolitical uncertainty linked to Iran. Brent traded around USD 64 per barrel and WTI near USD 60 per barrel as markets reacted to US signals of a tougher stance toward Tehran, including […]

Global momentum builds behind ammonia as a marine fuel

Norway accelerates ammonia readiness Norway continues to lead on ammonia adoption through targeted government support. Azane Infrastructure has secured approximately USD 43 million in ENOVA funding to develop three ammonia bunkering terminals along the Norwegian coast at Florø, Stavanger, and Mongstad. Expected to come online by 2029, these facilities are designed to provide the fuel […]

Geopolitics and tight tonnage underpin tanker markets

Suezmax earnings at a three-year high Tanker: Exceptionally strong week following geopolitical speculationTanker markets strengthened sharply over the week, driven by a surge in crude tanker earnings and tightening tonnage availability across key loading regions. The ClarkSea Index rose 11% week-on-week to USD 31,606 per day, marking the largest weekly increase since early 2021. Fleet […]

Peter Kubicki joins the board

EMF is pleased to announce the appointment of Peter Kubicki to its Board of Directors. Mr. Kubicki brings more than 35 years of international leadership experience from the financial sector, with deep expertise in strategy, execution, governance and value creation across investment banking, asset management, wealth management and hedge funds. Peter Kubicki is recognized as […]