News Flash | Sea and Job

Oil market reflects slim chance of supply disruption, Goldman analysts say

Options markets suggest the probability of a disruption of oil flows through the Strait of Hormuz is just 4% following the Iran-Israel ceasefire, Goldman Sachs analysts said in a note on Thursday. Fears that Iran could close the Strait of Hormuz after U.S. strikes on...

Many insurance underwriters won’t offer Middle East coverage to U.S., Israel, U.K.-linked vessels at any price

The conflict in the Middle East has led many insurance underwriters in the maritime shipping market to avoid offering coverage in the region to any U.S., Israel, or U.K.-linked vessels. “Many underwriters are not touching vessels with perceived U.S., U.K. or Israeli...

Asian refiners weigh crude stockpiling amid Middle East tensions, trade flow stable

Refiners across Asia are reassessing the need to bolster their emergency crude reserves amid rising geopolitical tensions in the Middle East. However, unfavorable storage economics and a general confidence in the stability of shipping flows between the Persian Gulf...

US says deal with Beijing will expedite rare earth exports from China

The United States has reached an agreement with China on how to expedite rare earth shipments to the U.S., a White House official said on Thursday, amid efforts to end a trade war between the world’s biggest economies. President Donald Trump earlier said the United...

China signs first Argentine soymeal deal under threat of US trade war disruptions

Chinese firms have booked the first soymeal cargo from Argentina since Beijing approved Argentine imports in 2019, as China’s animal feed industry looks to broaden its supply options to mitigate potential disruptions from the U.S.-China trade war. Several Chinese feed...

LR: Hong Kong Convention brings new recycling challenges for shipowners

With the Hong Kong Convention on ship recycling taking effect, a new webinar series aims to guide shipowners through the growing regulatory and reputational risks. Lloyd’s Register (LR) has launched a new webinar series to help shipowners and recycling facilities...

Oil market reflects slim chance of supply disruption, Goldman analysts say

Many insurance underwriters won’t offer Middle East coverage to U.S., Israel, U.K.-linked vessels at any price

Asian refiners weigh crude stockpiling amid Middle East tensions, trade flow stable

US says deal with Beijing will expedite rare earth exports from China

China signs first Argentine soymeal deal under threat of US trade war disruptions

LR: Hong Kong Convention brings new recycling challenges for shipowners

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