Geopolitical Shifts Drive Gas & Tanker Market
Iran/Israel conflict driving crude rates upwards for now This week’s market can be summed up in one word: volatility. Across the board – and particularly in the gas and tanker segments – earnings have fluctuated sharply, largely driven by rising tensions between Israel and Iran in the Middle East Gulf (MEG). So far, the tanker […]
EU debates further Russian oil price cap
Plans are underway to limit Russia exports, may prove difficult to enforce In response to the war in Ukraine, the EU and G7 set a price cap of $60 per barrel on Russian oil to reduce Russia’s export revenue. The EU also plans to end all Russian oil imports by 2027, requiring member states to […]
The Middle East tension – and its ramifications
An overview of the Iran/Israel conflict’s impact on shipping The longstanding tensions between Israel and Iran have escalated following Israel’s strike on an Iranian diplomatic facility in Damascus, Syria – a key hub for Iranian military coordination in the region. This prompted a direct response as Iranian missiles struck major Israeli cities on Monday. What […]
Market reacts sharply to Israel/Iran conflict
Middle East tension driving tanker rates upwards This week has been positive across EMF’s key shipping segments, driven by the unfortunate heightened tensions in the Middle East. The ongoing conflict between Iran and Israel is now impacting the broader shipping industry, with the most pronounced effects seen in the tanker and gas markets — both […]
Australia writes new chapter for green ammonia
Two more milestones for sustainable shipping On 10 June 2025, two landmark agreements established a clear path towards low-carbon maritime operations. First, an agreement was signed to construct an offshore carbon capture and storage facility in Pilbara, Australia. This facility will capture and store 900,000 tons of CO₂ each year from the planned ammonia plant. […]
US set to reduce car carrier port fees
Car Carrier owners set to pay much less in US port fees Car carrier operators and owners are likely to benefit from a major reduction in US port fees. The US Trade Representative has proposed changing the fee structure from $150 per car unit to $14 per tonne. According to Clarksons, a typical 6,500-ceu vessel […]
Bright expectations despite typically quiet June market
Strong Aframax/Suezmax performance bucks the trend The tanker market has shown mixed trends this week, particularly with Aframaxes and Suezmaxes holding steady, while the largest crude carriers, the VLCCs, have experienced declining earnings. Historically, this time of year marks a low for the tanker market due to seasonality, characterised by limited activity and increased refinery […]
EMF hosting successful Oslo shipping reception
Nor-Shipping Week celebrated PCTC vessel sales European Maritime Finance hosted a reception at its Oslo office this week to celebrate the successful sale of its first two PCTC vessels. The event coincided with Nor-Shipping, one of the leading global gatherings for the maritime industry, and brought together EMF investors, business partners, and key figures from […]
Older tonnage could lead to tighter market
Number of incidents on the rise as obsolete vessels are kept in use The increasing number of vessels over 20 years old is becoming a safety liability, with incident rates sharply rising in recent years. Older ships now account for the majority of machinery failures and onboard fires, underscoring the escalating operational risks associated with […]
OPEC+ output continues to rebound
July sees return to 1.4 million barrels per day OPEC+ has confirmed an additional production increase of 411,000 barrels per day (bpd) in July, extending the phased rollback of its voluntary cuts. Combined with earlier hikes of 960,000 bpd from April through June, a total of 1.4 million bpd is expected to return to the […]
