News Flash | Sea and Job

China’s crude oil imports fell in the second quarter

China, the world’s largest importer of crude oil, imported less crude oil in the second quarter of 2026 (2Q26) following higher crude oil prices that resulted from disrupted flows through the Strait of Hormuz. China’s lower imports reduced global demand, softening the...

Baltic Dry Index Rises on Friday, Logs Monthly Gain

The Baltic dry index rose 2.2% to 2,732 on Friday, its highest level since July 27. The capesize index, which typically transports 150,000-ton cargoes, including iron ore and coal, advanced 3.1% to 4,296, its highest level in two weeks. The panamax index, which...

Middle East shipping bottleneck persists as Iran; Houthi rebels ramp up attacks

Vessel traffic through the Strait of Hormuz remains limited as the US and Saudi Arabia attacked Iranian proxy groups in Iraq in response to Iran’s attempted attacks on US forces the previous day. The US Central Command (CENTCOM) said it struck dozens of Islamic...

South Korea secures Australian condensate to offset Middle East supply concerns

South Korea is set to receive up to 1 million barrels per year of condensate from Australia’s Barossa project as SK Innovation E&S plans regular equity cargo lifts, addressing concerns over irregular Middle Eastern ultra-light crude supplies and strengthening the...

NYK Decides to Participate in an Investment in EIG’s MidOcean Energy Expanding LNG Value Chain Investments and Establishing a Strategic Partnership for LNG Marine Transportation

NYK has decided to participate in an investment in MidOcean Energy, a United Kingdom-based liquefied natural gas (LNG) company established and managed by EIG, a leading institutional investor in the energy and infrastructure sectors headquartered in the United States....

Seaspan energy surpasses 150 LNG bunkering operations, ranks seventh globally by LNG bunkering volume

Seaspan Energy has completed its 150th ship-to-ship LNG bunkering less than two years after launching operations and is now ranked seventh globally by LNG bunkering volume, according to the latest LANSDOWNE Moritz rankings. Since completing its first ship-to-ship LNG...

China’s crude oil imports fell in the second quarter

Baltic Dry Index Rises on Friday, Logs Monthly Gain

Middle East shipping bottleneck persists as Iran; Houthi rebels ramp up attacks

South Korea secures Australian condensate to offset Middle East supply concerns

NYK Decides to Participate in an Investment in EIG’s MidOcean Energy Expanding LNG Value Chain Investments and Establishing a Strategic Partnership for LNG Marine Transportation

Seaspan energy surpasses 150 LNG bunkering operations, ranks seventh globally by LNG bunkering volume

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