News Flash

Subsea Cable Surveys Are Converging on the Same Behavioral Signature:

Subsea Cable Surveys Are Converging on the Same Behavioral Signature:

  Four Vessels Worked Five Pacific Cable Systems Simultaneously Four Chinese state-owned research vessels conducted surveys directly above five Pacific...
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Saudi Aramco halts crude oil supply to European customers:

Saudi Aramco halts crude oil supply to European customers:

Saudi Aramco has informed at least two oil refining customers in Europe that they will receive no crude oil next...
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World’s First Ship-to-Ship Ammonia Bunkering to an Ammonia-Fueled Vessel

World’s First Ship-to-Ship Ammonia Bunkering to an Ammonia-Fueled Vessel

NYK Line, with Japan Marine United Corporation, Nihon Shipyard Co., Ltd., Mitsubishi Gas Chemical Company, Inc., and Kokuka Sangyo Co.,...
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Yanbu pipeline attack ripples across crude, freight and gas markets:

Yanbu pipeline attack ripples across crude, freight and gas markets:

    A single attack on a Saudi pipeline in early September has done more than knock out one export...
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Rhine water levels approach zero, threaten barge transport:

Rhine water levels approach zero, threaten barge transport:

Water levels on the Rhine fell to 20 centimeters on Sept. 18, with forecasts now predicting the water levels to...
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Asia-US container rates surge on extended peak season demand; liquid tanker rates mixed:

Asia-US container rates surge on extended peak season demand; liquid tanker rates mixed:

Rates for shipping containers from east Asia and China to the US rose this week on expanded peak season demand...
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Iran sets terms for US talks as Houthis step up attacks on Saudi Arabia:

Iran sets terms for US talks as Houthis step up attacks on Saudi Arabia:

  Iran has laid out conditions for restarting talks with the United States as regional fighting intensifies, with Saudi forces...
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Tanker Market: VLCCs on a Rampage:

Tanker Market: VLCCs on a Rampage:

  Clean LR2 The TC1 75kt MEG/Japan index continued to gently climb this week by 25 points to WS82. A...
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Hormuz oil flows hit 6-month high as U.S. mine clearance pays off, CENTCOM says:

Hormuz oil flows hit 6-month high as U.S. mine clearance pays off, CENTCOM says:

  Oil and liquefied natural gas shipments navigating the Strait of Hormuz reached a six-month high over the past two...
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77 Ships Blacklisted, None Deterred: Inside Iran’s Failing Hormuz Toll Regime:

77 Ships Blacklisted, None Deterred: Inside Iran’s Failing Hormuz Toll Regime:

Operational Overview Iran’s Persian Gulf Strait Authority opened in mid-May to oversee transits and toll payments through the Strait of...
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Congress passes sanctions, tariff bill targeting buyers of Russian energy.

Congress passes sanctions, tariff bill targeting buyers of Russian energy.

The US House of Representatives on Sept. 16 passed comprehensive sanctions legislation targeting major purchasers of Russian oil and gas,...
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Iran, Oman close to agreement on shipping corridor in Strait of Hormuz.

Iran, Oman close to agreement on shipping corridor in Strait of Hormuz.

Iran and Oman have almost finalised an agreement on a shipping corridor in the Strait of Hormuz, but this does...
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Baltic Dry Index Up for 2nd Day.

Baltic Dry Index Up for 2nd Day.

The Baltic Exchange’s dry bulk freight index, which tracks rates for ships carrying dry bulk commodities, advanced for a second...
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International Chamber of Shipping addresses UN Security Council on maritime security and freedom of navigation.

International Chamber of Shipping addresses UN Security Council on maritime security and freedom of navigation.

Secretary General of the International Chamber of Shipping (ICS), Thomas A. Kazakos, addressed the United Nations Security Council on the...
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The Week in Alt Fuels: From promises to timelines.

The Week in Alt Fuels: From promises to timelines.

More concrete timelines are making ammonia bunkering look less like a pipe dream. But recent leaks underscore the safety concerns...
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GMS Week 38 – Freight Pays, Beaches Wait

GMS Week 38 – Freight Pays, Beaches Wait

Last week the risk spread west. This week the two chokepoints stopped taking turns. Saudi Arabia and the Houthisexchanged fresh...
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US corn poised to gain in Egypt as Black Sea disruption curbs Ukrainian supplies.

US corn poised to gain in Egypt as Black Sea disruption curbs Ukrainian supplies.

Black Sea disruptions are expected to push more US corn into Egypt this season, potentially eroding Ukraine’s share in one...
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Ineos Opens The First Full-Scale Co₂ Storage Site In The EU.

Ineos Opens The First Full-Scale Co₂ Storage Site In The EU.

His Majesty King Frederik X of Denmark today officially opens the first full-scale facility for the permanent storage of CO₂...
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World’s First Hydrogen-Fueled Engine for Large Commercial Vessels Successfully Completes Land-Based Testing.

World’s First Hydrogen-Fueled Engine for Large Commercial Vessels Successfully Completes Land-Based Testing.

As part of NEDO’s “Green Innovation Fund Project / Next-Generation Ship Development”, Japan Engine Corporation (Hereafter, “Japan Engine”), Kawasaki Heavy...
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Italy to deploy warships in Red Sea to protect shipping as Houthis tighten grip on Bab el-Mandeb.

Italy to deploy warships in Red Sea to protect shipping as Houthis tighten grip on Bab el-Mandeb.

Italy is preparing to deploy warships to protect its commercial vessels travelling through the Bab el-Mandeb Strait, as growing Houthi...
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