Panama tightens oversight on oil transfer operations

In a move aligned with the standards of the International Maritime Organization (IMO), Panama has strengthened its requirements for ship-to-ship (STS) oil transfer operations involving tankers registered under its flag. The objective: to shut the door on the so-called...
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Tanker Market: The Iran – US Talks and its Implications

The tanker market participants have adjusted their way of doing business with sanctions on Iranian oil in mind. However, this could change sooner rather than later. In its latest weekly report, shipbroker Gibson said that “since April the US and Iran have been...
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Dry Bulk: Uncertainty Mutes Everything

Today’s intense macro-economic and geopolitical uncertainty may soften demand for seaborne dry bulk commodity imports but may also mute dry bulk ship orders over the next quarters. It has been just over a month since tariffs were announced by President Trump, and...
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