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Asian tanker freight hits 2025 highs as Israel-Iran tensions spark fears of ship attacks

Asian tanker freight rates rose to year-to-date highs on June 17, as owners secured significant war risk premiums amid fears of commercial ships being targeted during the Israel-Iran tensions, market participants said. It is only a matter of time before the “missile...

Geopolitical Spillover: Assessing the Impact of Iran-Israel Tensions on the Tanker Shipping Industry

Escalating tensions between Iran and Israel are analyzed for their potential effects on global energy markets, particularly concerning the Strait of Hormuz. While historical data indicates a full closure by Iran is improbable, disruptions via attacks, mines, or vessel...

More Newbuilding Contracts for Dry Bulk Carriers

Ship owners were quite active in the dry bulk newbuilding market last week. In its latest weekly report, shipbroker Banchero Costa said that “the Greek company DryDel ordered an Ultramax 64,000 dwt at Imabari. No price was disclosed, delivery is set for Jun 2028....

Impact Of Hypothetical Closure Of The Strait Of Hormuz On Multipurpose Shipping

The closure of the Strait of Hormuz is highly unlikely due to its crucial role in connecting Gulf Cooperation Council (GCC) countries with global markets. These countries are major exporters of construction materials, oil and petrochemicals and importers of industrial...

IMRF and Lloyd’s Register Foundation partner to lead a strategic review of global maritime search and rescue systems

The International Maritime Rescue Federation (IMRF), in partnership with Lloyd’s Register Foundation, has launched the first-ever Global Maritime Search and Rescue (SAR) Systems Review in order to understand, evaluate and help strengthen maritime SAR systems...

Pacific Basin Enhances Fleet Operations And Crew Welfare With Inmarsat Nexuswave

Inmarsat Maritime, a Viasat company, has signed an agreement with Pacific Basin Shipping Limited, one of the world’s leading dry bulk carrier owners, to install NexusWave fully managed bonded connectivity service on board an initial five ships. Hong Kong-based Pacific...

Asian tanker freight hits 2025 highs as Israel-Iran tensions spark fears of ship attacks

Geopolitical Spillover: Assessing the Impact of Iran-Israel Tensions on the Tanker Shipping Industry

More Newbuilding Contracts for Dry Bulk Carriers

Impact Of Hypothetical Closure Of The Strait Of Hormuz On Multipurpose Shipping

IMRF and Lloyd’s Register Foundation partner to lead a strategic review of global maritime search and rescue systems

Pacific Basin Enhances Fleet Operations And Crew Welfare With Inmarsat Nexuswave

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