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Lauritzen Bulkers Reports Good Performance in a Challenging Year

Lauritzen Bulkers Reports Good Performance in a Challenging Year
Lauritzen Bulkers has announced its 2025 financial results, closing a year characterised by rapid market shifts, tariff-related disruptions, and heightened geopolitical uncertainty. In this environment, we delivered record-high activity levels and solid commercial...
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S Korea, Taiwan, and Singapore vulnerable to lost Qatari LNG

S Korea, Taiwan, and Singapore vulnerable to lost Qatari LNG
QatarEnergy’s force majeure declaration on LNG exports has put Asian buyers into a predicament of having to replace about a fifth of their contracted LNG supply (or a quarter when including spot imports). As the Iran-US war rages on with no imminent end in sight to...
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China may resume US crude imports on supply crisis after 9-month gap: sources

China may resume US crude imports on supply crisis after 9-month gap: sources
Chinese state-run refiners may resume US crude imports after a nine-month suspension amid the supply crisis in the Middle East, despite the additional 20% tariffs remaining in place, crude procurement strategists from two state-run refining groups, four refinery...
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War Risk Coverage Exit Credit Negative for Exposed U.S. Marine Insurers

War Risk Coverage Exit Credit Negative for Exposed U.S. Marine Insurers
Fitch Ratings expects the withdrawal of hull war risk marine insurance coverage in the Persian Gulf to be credit negative for U.S. property casualty insurance specialists that are heavily reliant on Gulf transit, with neutral implications for well-diversified, global...
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MarinePALS CEO calls for action to make defibrillators mandatory on all merchant vessels

MarinePALS CEO calls for action to make defibrillators mandatory on all merchant vessels
The message from MarinePALS CEO Captain Pradeep Chawla is clear: “We have waited too long. It is time to make defibrillators mandatory on board,” as he calls on the maritime industry and the International Maritime Organization to mandate automated external...
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Enhanced Indian scrutiny raises barriers for sanctioned vessels seeking recycling

Enhanced Indian scrutiny raises barriers for sanctioned vessels seeking recycling
India’s decision to introduce additional documentation checks before end-of-life vessels are cleared could prevent the practice of fake documents among the ‘dark fleet’, says leading vessel cash buyer Wirana Shipping Corporation. The recent decision taken by the...
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