Escalating tensions in the Middle East Gulf have placed 57%, 1.33mbd, of Asia’s naphtha imports under a potential threat (share reflects 2025 average). Northeast Asia is the most vulnerable to MEG naphtha supply disruptions, with close to 60% (1.03mbd) of the region’s...

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Star Bulk Carriers Corp., announced it has entered into a conditional Sale and Purchase Agreement (the “SPA”) to acquire sixteen vessels from Diana Shipping Inc., subject to Diana successfully acquiring all issued and outstanding shares of Genco Shipping & Trading...

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The Mideast Gulf supplies approximately 20% of global seaborne LNG Over 10 confirmed GNSS interference incidents have occurred since February 27 The Strait closure functions as commercial deterrence rather than outright military blockade New sanctions packages are...

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The Baltic Exchange’s dry bulk index, which tracks rates for vessels transporting dry commodities, was down for a third session on Friday, sliding 6% to its lowest point since February 11 at 2,010 points. Rates declined across all vessel segments amid disruptions to...

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HD Korea Shipbuilding & Offshore Engineering, the intermediate shipbuilding holding company of HD Hyundai, said on the 5th that it signed a construction contract with a shipping company in the Americas for four liquefied natural gas (LNG) carriers. The order is...

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Genco Shipping & Trading Limited, the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today announced that it has taken delivery of the Genco Stars and Stripes, one of two 2020-built 208,000 dwt scrubber-fitted...

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