Rotterdam Rotterdam’s LNG bunker price has surged by $78/mt, tracking gains in the front-month Dutch TTF natural gas contract. Over the past week, the benchmark has risen by $1.63/MMBtu to $16.64/MMBtu ($865/mt). The rally in TTF price has been driven by “concerns...

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The conflict in the Gulf region intensified on Tuesday as Iran launched attacks on US military facilities and commercial shipping, prompting diplomatic protests, security measures and growing concerns over the stability of the Strait of Hormuz. Attacks on shipping and...

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Only 11 ships traversed the Strait of Hormuz on July 12, the lowest since June 14, after attacks hit the container ship GFS Galaxy and the US and Iran made retaliatory strikes, S&P Global Commodities at Sea (opens in a new tab) said in a July 13 report. The total...

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Petrochemical supply flows from the Middle East over the second half of the year are contingent on shipping bottlenecks, many of which will depend on how the conflict between the US and Iran develops. But, market participants said, it’s unlikely there will be swift...

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Performance Shipping Inc., a global shipping company specializing in the ownership of tanker vessels, announced that, through a wholly-owned subsidiary, it has extended the existing time charter contract with American Eagle Tankers (“AET” or the “Charterer”), a member...

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