News Flash
Iran aims to restore gas output in coming months, official says
Iran plans to bring back around 100 million cubic meters per day of natural gas production capacity in the coming...
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Europe gas prices surge 3% to multi-month highs on Strait of Hormuz tanker fire
Investing.com – European wholesale natural gas prices surged nearly 3.5% on Monday, climbing to their highest levels since March 23,...
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Diana Shipping Inc. Announces Time Charter Contract for m/v DSI Pegasus with Fednav International
Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, yesterday announced...
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All maritime traffic banned in Strait of Hormuz, Iran says, as Israel readies to resume fighting
Iran claims that traffic through the Strait of Hormuz has dropped to zero, and restrictions on vessel transit will remain...
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India’s strength in shipping decarbonisation lies in cheap fuel production: GMF
Cheap green hydrogen-based fuels are India’s biggest strength in decarbonising shipping, a study by the Global Maritime Forum (GMF) said....
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Naver Cloud and HD Korea Shipbuilding drive AI cloud for Korea’s shipyards
Naver Cloud and HD Korea Shipbuilding & Offshore Engineering will move to build a cloud tailored to the shipbuilding industry....
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Yemen’s Houthis announce a maritime embargo against Saudi Arabia
Yemen’s Houthi rebels have announced they are imposing a maritime embargo against Saudi Arabia in response for a recent attack...
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What are the implications of a renewed closure of the Strait of Hormuz?
A prolonged closure of the Strait of Hormuz could send Brent crude to $150 a barrel, revive inflation and force...
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Strong growth in earnings for global terminal operators has led to a surge in capital investment during 2025 as container handling demonstrates remarkable resilience amid supply chain shocks
Global port throughput volumes in 2025 demonstrated remarkable resilience, rising 6.5% YoY to 994 mteu, despite challenging geopolitical conditions. As...
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Baltic Dry Index Falls to Over 2-Week Low
The Baltic dry index fell 2.9% to 2,671 on Monday, its lowest since July 2. The capesize index, which typically...
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Hormuz Disruption Weighs on Alumina as Aluminium Flows Surge
The second quarter of 2026 saw further disruption to the aluminium supply chain, particularly weighing on aluminia flows to the...
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What MEPC 84 means for shipping’s Net Zero ambitions
The 84th session of the IMO’s Marine Environment Protection Committee (MEPC84) was always going to tackle the complex decarbonisation of...
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Container port in Xiamen model for automated operations
At Xiamen Ocean Gate Container Terminal Co, a subsidiary of China COSCO Shipping, an expansive port area operates with finely...
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India’s Venezuelan crude imports poised to stay strong despite earthquakes: sources
India’s appetite for Venezuelan crude is set to remain robust in the coming months as refiners continue to import cargoes...
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EU ETS review: ESPO recognises Commission’s efforts to address carbon leakage, but full assessment of the proposed measures must clarify impact
The European Sea Ports Organisation (ESPO) welcomes the European Commission’s recognition of the carbon and business leakage challenges created by...
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How classification helps de-risk and streamline floating platforms
Classification of floating platforms for offshore wind turbines can be a key element in a strategy to industrialize production of...
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ZeroUSV’s Oceanus17 Completes Construction Ahead of Official Plymouth Naming Ceremony
ZeroUSV has reached another major milestone with the delivery of its next-generation Oceanus class uncrewed surface vessel (USV). The first...
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VLCC Tanker Rates on the Rise
Clean LR2 The TC1 75kt MEG/Japan index moved consistently upward this week to WS432 (+70). A voyage west climbed in...
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Asia-US container rates mostly lower, tanker rates steady to lower
Rates for shipping containers from east Asia and China to the US were mostly softer as the frontloading of imports...
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How much of China’s crude demand will return?
With crude benchmarks retreating from above $100/b, market attention is shifting from supply disruptions to the post-crisis rebalancing of global...
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