In March, Saudi Aramco began diverting crude exports to Yanbu as the East-West pipeline approaches full operating capacity (7mbd, industry sources). The shift is designed to keep barrels moving while the Strait of Hormuz remains heavily constrained, but Yanbu’s...

Read More

Dynagas LNG Partners LP, an owner of Liquefied Natural Gas (“LNG”) carriers, Friday announced its results for the three and twelve months ended December 31, 2025. Twelve months Highlights: Net Income and Earnings per common unit (basic and diluted) of $61.6 million...

Read More

Oil flows through the Strait of Hormuz have collapsed amid the escalating Middle East conflict, with shipments now running far below normal levels, according to a new tracker note from Goldman Sachs. Based on vessel counts, the bank estimates that “average daily flows...

Read More

Drewry AIS shows Qatar loaded only 7 LNGCs in week 10 (ending 6 March) due to heightened tensions in the Middle East following the closure of the Strait of Hormuz. On average, the country loads 18-20 LNGCs each week. The sharp drop is attributed to the force majeure...

Read More

The Baltic Exchange’s dry bulk index, which tracks rates for vessels transporting dry commodities, advanced for a third session on Friday, rising about 2.8% to 2,028 points. The capesize index, which typically transports 150,000-ton cargoes such as iron ore and coal,...

Read More