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Day: May 21, 2026

Illustration of tanker shipping traffic in the Strait of Hormuz following Iran’s launch of a new maritime authority and shipping insurance platform.

Strait of Hormuz shipping controls tightened by new Iranian maritime authority

Chart showing carrier market share and yearly capacity change in Europe-ECSA and WCSA container trade as of April 2026.

European carriers dominate South America trades

Weekly evolution of the MABUX World Bunker Index (USD/MT) for 13–20 May 2026, showing four fuels: 380 HSFO (blue) ends at 791.75, VLSFO (green) 952.60, MGO LS (orange) 1,418.39.

Global bunker prices edge higher as market remains broadly stable

Projected global electrified vessels 2026–2030: stacked bars for newbuilds and retrofits per year, reaching ~3,000 vessels by 2030 with 18% CAGR.

Maritime electrification gathers pace as BESS adoption accelerates

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