EMF operating fleet
See where the EMF vessels are going at this very moment Freeport Star Currently located in the Freeport Anchorage Was enroute from Puerto La Cruz Anchorage, Venezuela to Freeport, USA, ETA 1 May Right off Puerto La Cruz Anchorage, vessels anchor beside Mochima National Park, where tankers sit just minutes from pristine beaches and coral […]
Eco Star delivered in April and fixed at record rate
USD 53,000/day charter reflects strong PCTC market conditions Eco Star has successfully completed sea trials and has been delivered to a leading global operator in Roll-on/Roll-off shipping. The vessel has commenced a one-year charter at a gross rate of USD 53,000 per day, marking the highest one-year time charter rate achieved by EMF across its […]
Ammonia transition gains further commercial traction
Engine deliveries, bunkering infrastructure, and vessel orders confirm ammonia is moving from pilot to execution The ammonia-as-marine-fuel transition advanced meaningfully in April, with several developments confirming that the technology is crossing from pilot stage into early commercial deployment. First ammonia dual-fuel engine deliveries are now underway, with established shipowners and engine makers, including Wärtsilä, Höegh […]
Ceasefire pauses hostilities but dual blockade keeps Hormuz effectively closed
April 7 ceasefire opens diplomatic path, but the Strait remains physically shut for most of the month April’s geopolitical landscape was defined by the tension between diplomatic progress and physical reality on the water. A two-week ceasefire agreed on 7 April between the US, Israel, and Iran represented the first realistic opportunity to reopen the […]
Fuel price shock accelerates EV demand as car carrier rates hold firm, structurally insulated from Hormuz
Rates steady at + USD 50,000 per day as segment avoids direct Hormuz exposure The car carrier segment demonstrated continued resilience in April, with six-to-twelve-month timecharter rates for modern tonnage holding at approximately USD 50,000 per day, recovering from the softer levels seen in late 2025. The PCTC market was comparatively insulated from the Hormuz […]
Rates surge to multi-year highs as Persian Gulf shutdown forces all Asian demand onto US Gulf exports
Gulf LPG exports halt entirely, redirecting global demand to the US and creating acute vessel scarcity April marked the tightest conditions in the VLGC market since early 2024. With Persian Gulf LPG exports effectively shut down following the Hormuz closure, Asian buyers were forced to source virtually all spot requirements from the United States, concentrating […]
Tanker earnings peak starts to ease as Hormuz shifts vessel flows
Hormuz closure pushes ships into the Atlantic and drove tanker earnings higher in April The tanker market in April was dominated by the closure of the Strait of Hormuz. With the Persian Gulf effectively closed, crude tanker earnings reached levels not seen in years. The driver was not broad-based demand growth but a severe geographic […]
UAE forlater OPEC og EU strammer inn mot Russland
To særlige utviklinger denne uken som påvirker fremtidig energihandel UAE vil forlate OPEC – positivt for etterspørselen etter tankskipDe forente arabiske emirater vil forlate OPEC/OPEC+ fra 1. mai, med henvisning til nasjonale interesser og ønsket om å møte etterspørselen i markedet. Beslutningen kommer etter økende spenninger, siden landet har investert tungt i å øke produksjonskapasiteten […]
Lukningen af Hormuzstrædet trækker ud – mere end én milliard tønder er nu udeblevet
Markedets strukturelle forvridning forværret i konfliktens ottende uge, normale tilstande ikke i sigte Indtjeningen fortsat høj under strædets reelle lukningRåolietankmarkedet svækkedes moderat i forhold til ugen før, men ligger fortsat på historisk høje niveauer i alle segmenter, og gennemsnittene for 2026 ligger mange gange højere end niveauerne i 2025. Hormuzstrædet er nu reelt lukket i […]
Emiraterne forlader OPEC – EU øger presset på Rusland
To hændelser i denne uge med betydning for fremtidens energihandel UAE forlader OPEC – positivt nyt for tankefterspørgslenDe Forenede Arabiske Emirater (UAE) har valgt at forlade OPEC/OPEC+ den 1. maj med henvisning til nationale interesser og ønsket om at imødekomme markedets efterspørgsel. Beslutningen følger voksende spændinger, da UAE har investeret massivt i at øge produktionskapaciteten […]
