March was not a normal month for oil markets. The US-Israeli strikes on Iran and ensuing de facto closure of the Strait has dramatically impacted the month’s tonne-mile data. Against that backdrop, the scale of the decline is perhaps less surprising than the question...

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At first glance, these outcomes appear to be driven purely by geopolitics and physical disruption. However, a critical, but less visible factor sits underneath: the breakdown of trust in maritime information, specifically AIS. WHAT IS AIS? AIS (Automatic...

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The US urges the IMO to rethink how it assesses deforestation risk in crop-based marine biofuels. The US has proposed a region-based approach to the IMO’s indirect land-use change (ILUC) risk assessment. It has submitted this proposal to the IMO’s Intersessional...

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Singapore’s low sulfur fuel oil arrivals from the Western markets are set to decrease for a third straight month in April, partly weighed down by unviable arbitrage economics due to persistently high freight rates, while the ongoing war in the Middle East continues to...

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Based on our vessel and commodity tracking data, we currently estimate that between 15 and 16 million metric tons of crude oil are held aboard vessels within the Persian (Arabian) Gulf. Applying a typical conversion factor for Middle Eastern crude grades (around...

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France and the United Kingdom have said they are ready to lead a multinational mission to help restore freedom of navigation and trade in the Strait of Hormuz, only to be deployed once peace had been agreed in the region. But at a meeting of the coalition of...

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