News Flash | Sea and Job

India-linked supertanker tests Hormuz blockade to ease domestic fuel crisis

An India-linked supertanker is currently attempting a high-stakes transit through the Strait of Hormuz, signaling a critical push by New Delhi to alleviate a worsening domestic energy shortage. As first reported by Bloomberg, the Sarv Shakti, a Marshall...

US warns shipping firms they could face sanctions over paying Iranian tolls in the Strait of Hormuz

The United States is warning shipping companies that they could face sanctions for making payments to Iran to safely pass through the Strait of Hormuz. The alert posted Friday (May 1) by the US Office of Foreign Assets Control adds another layer of pressure in the...

The IMO pendulum swings back towards the Net Zero Framework — ‘as agreed’ text gets further support but path forward remains uncertain

Readout from UCL Shipping and Oceans Research group shows IMO’s 84th session of the Marine Environment Protection Committee (MEPC) has concluded with the NZF agreed in principle in April 2025 now seeing the pendulum swing back to support it, after the events at...

Tankers: VLCC Market Facing More Uncertainty

Clean LR2 The TC1 75kt MEG/Japan index remained level in the mid WS550’s this week. A voyage west also saw the TC20 90kt MEG/UK-Continent index rose a little more to $10.92 million (+ $96,000). The TC15 80kt Mediterranean/East index dropped by another $160,000 to...

US awards $59.6m grant to Port of Guam for crane upgrade

The U.S. Department of Transportation’s Maritime Administration has awarded a $59.6m grant to the Port Authority of Guam to expand cargo-handling capacity at the island’s main seaport, according to the U.S. Department of Transportation. The funding is directed at...

Demand for Low-Carbon Shipping Has Fallen, but Long-Term Value Persists

Cargo owners’ willingness to pay (WTP) a premium for low-carbon fuels is crucial to maritime sector decarbonization. But this year, the results of BCG’s annual Shipping Decarbonization Survey reveal a marked drop in WTP, from 4.5% in 2024 to 3% in 2025, a level not...

India-linked supertanker tests Hormuz blockade to ease domestic fuel crisis

US warns shipping firms they could face sanctions over paying Iranian tolls in the Strait of Hormuz

The IMO pendulum swings back towards the Net Zero Framework — ‘as agreed’ text gets further support but path forward remains uncertain

Tankers: VLCC Market Facing More Uncertainty

US awards $59.6m grant to Port of Guam for crane upgrade

Demand for Low-Carbon Shipping Has Fallen, but Long-Term Value Persists

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