Oil product inventories at Fujairah in the UAE fell 6.3% in the week ended April 27 to 6.982 million barrels, hitting a record low for the fourth straight week and extending the drop since the US-Iran war started to 66%, according to Fujairah Oil Industry Zone data...

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Every day brings new reports of GPS interference affecting shipping, particularly in regions like the Persian Gulf. Less visible are the collisions, groundings, and near misses that follow when positioning becomes unreliable. For an industry now built around...

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US arbitrage to Asia through the Panama Canal opens amid stronger Asian demand following the Middle East conflict, although a recent rise in LNG transits through the canal is driven by unladen carriers returning east rather than westbound laden shipments Platts...

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The Baltic Exchange’s dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, snapped a two-day winning streak on Wednesday, falling 0.3% to 2,670 points. The capesize index, which typically transports 150,000-ton cargoes including iron...

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