News Flash | Sea and Job

Vietnam emerges as key demand hub as top buyers cut back on thermal coal imports

As coal giants China and India scale back seaborne thermal coal purchases due to robust domestic production and tepid industrial demand, Southeast Asian economies — particularly Vietnam — are emerging as critical demand centers for major exporters such as Australia...

Pakistan approves $42 million to transform ship-breaking yard into ‘model green facility

Pakistan’s government has approved Rs12 billion [$42 million] to transform a key ship-breaking yard in the country’s southwestern Balochistan province into a “model green facility” to reduce pollution and manage hazardous waste, the maritime affairs ministry said on...

Vessels near Strait of Hormuz transmit unusual messages to prevent attacks

Vessels near the Strait of Hormuz have been broadcasting unusual messages concerning nationality in a bid to avoid being attacked as doubts linger over the ceasefire between Israel and Iran, according to maritime risk analytics firm Windward and ship tracking data....

Beyond Lay-Up: Delay Risk Insurance in an Age of Disruption

As the maritime industry navigates through a vortex of geopolitical uncertainty, climate extremes, and supply chain bottlenecks, one reality becomes increasingly clear: traditional hull and machinery insurance and P&I cover is not enough. In times of war, pandemic...

Crude Tanker Markets to Remain Supported from Oil Market Fundamentals

The crude tanker markets are expected to remain supported from the long term oil market fundamentals. In its latest weekly report, shipbroker Gibson said that “earlier this month, the International Energy Agency (IEA) released their annual report detailing a...

Asia Distillates Markets ease; S. Korea refiners sell more than 21 gasoil cargoes for July

Asia’s middle distillates markets eased from a week earlier on Friday with a regional supply deluge for July capping the upward price momentum, though some prompt demand and short covering buying activity remained supportive. For 10ppm sulphur gasoil, end-July...

Vietnam emerges as key demand hub as top buyers cut back on thermal coal imports

Pakistan approves $42 million to transform ship-breaking yard into ‘model green facility

Vessels near Strait of Hormuz transmit unusual messages to prevent attacks

Beyond Lay-Up: Delay Risk Insurance in an Age of Disruption

Crude Tanker Markets to Remain Supported from Oil Market Fundamentals

Asia Distillates Markets ease; S. Korea refiners sell more than 21 gasoil cargoes for July

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