News Flash

‘There’s no hiding place on a ship’: The sailors stranded near Iran

‘There’s no hiding place on a ship’: The sailors stranded near Iran

Drones, cruise missiles and fighter jets have become a common sight for many sailors stranded on oil tankers and freight...
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EU pushes back on US decision to ease sanctions on Russian oil stranded at sea

EU pushes back on US decision to ease sanctions on Russian oil stranded at sea

The Trump administration’s decision to allow the purchase of Russian oil stranded at sea was met with criticism in the...
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InterManager advises extreme caution for ships considering Strait of Hormuz transit

InterManager advises extreme caution for ships considering Strait of Hormuz transit

InterManager has expressed serious concern about the worsening security situation affecting commercial shipping in the Middle East Gulf and the...
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Vessel traffic through Strait of Hormuz fell to one transit March 12: CAS

Vessel traffic through Strait of Hormuz fell to one transit March 12: CAS

Traffic through the Strait of Hormuz nearly ground to a halt March 12, according to tracking data, with just one...
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US ‘not ready’ to escort tankers through Strait of Hormuz: Wright

US ‘not ready’ to escort tankers through Strait of Hormuz: Wright

The US military is not yet prepared to escort tankers through the Strait of Hormuz, US Energy Secretary Chris Wright...
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US–Iran war: Implications for the chemical tanker market

US–Iran war: Implications for the chemical tanker market

The ongoing US–Iran conflict has severely disrupted maritime traffic through the Strait of Hormuz—a narrow but strategically vital waterway between...
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Asia-US container rates mostly higher; US considers Jones Act waiver, looks at surcharges

Asia-US container rates mostly higher; US considers Jones Act waiver, looks at surcharges

Rates for shipping containers from Asia to the US were mostly higher this week, while the US government is considering...
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Tankers: VLCC Market Becoming Harder to Price as Risks Grow

Tankers: VLCC Market Becoming Harder to Price as Risks Grow

Clean LR2 MEG LR2 freight fell this week. The TC1 75kt MEG/Japan index went from WS391 to WS358 with the...
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Two Weeks Into the Iran War: A Maritime Intelligence Breakdown

Two Weeks Into the Iran War: A Maritime Intelligence Breakdown

Commercial traffic through the Strait of Hormuz remained near a standstill during the week, with only 10 vessel crossings recorded...
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Clean Tankers Reposition West as Hormuz Stays Shut

Clean Tankers Reposition West as Hormuz Stays Shut

The effective closure of the Strait of Hormuz is beginning to reshape clean tanker positioning, with LR2s the most exposed...
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Lloyd’s Register grants approval for GIT Coatings’ next generation graphene-based hull coating

Lloyd’s Register grants approval for GIT Coatings’ next generation graphene-based hull coating

The approval supports the development of technologies designed to improve vessel efficiency and support more sustainable hull management practices. Lloyd’s...
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US weighing Jones Act suspension to ease energy prices amid Iran war

US weighing Jones Act suspension to ease energy prices amid Iran war

The US government is weighing a waiver of the Jones Act, a White House spokesperson confirmed on March 12. In...
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The Week in Alt Fuels: Fuel reckoning

The Week in Alt Fuels: Fuel reckoning

A war-driven oil shock has once again exposed shipping’s vulnerability to fossil fuel dependence and reinforced the need to shift...
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Liberian Registry to Introduce Electronic Seafarer Documents

Liberian Registry to Introduce Electronic Seafarer Documents

The Liberian Registry, the world’s largest ship registry, will soon introduce electronic seafarer documents as part of its commitment to...
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Yanbu VLCC liftings broaden as freight premiums surge

Yanbu VLCC liftings broaden as freight premiums surge

In March, Saudi Aramco began diverting crude exports to Yanbu as the East-West pipeline approaches full operating capacity (7mbd, industry...
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Dynagas LNG Partners LP Reports 2025 Net Income of $61.6 Million

Dynagas LNG Partners LP Reports 2025 Net Income of $61.6 Million

Dynagas LNG Partners LP, an owner of Liquefied Natural Gas (“LNG”) carriers, Friday announced its results for the three and...
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Hormuz oil flows down 97% from normal levels, Goldman Sachs says

Hormuz oil flows down 97% from normal levels, Goldman Sachs says

Oil flows through the Strait of Hormuz have collapsed amid the escalating Middle East conflict, with shipments now running far...
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LNGC loadings down in Qatar post force majeure, as the conflict continues

LNGC loadings down in Qatar post force majeure, as the conflict continues

Drewry AIS shows Qatar loaded only 7 LNGCs in week 10 (ending 6 March) due to heightened tensions in the...
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Baltic Dry Index Rises Further, Posts Weekly Gain

Baltic Dry Index Rises Further, Posts Weekly Gain

The Baltic Exchange’s dry bulk index, which tracks rates for vessels transporting dry commodities, advanced for a third session on...
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Strait of Hormuz update: VLGCs ballasting from Gulf of Oman; Asian petchem receives a serious blow

Strait of Hormuz update: VLGCs ballasting from Gulf of Oman; Asian petchem receives a serious blow

Drewry AIS showcases several VLGCs that reached or were idling in the Gulf of Oman have altered course towards the...
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