The 2026 Middle East conflict has struck at the centre of the global gas system. Strikes on Qatar’s North Field and Iran’s South Pars have taken capacity offline across a resource base that holds 25% ...
After a marginal decline in 2024, when global crude oil loadings decreased by -0.2% y-o-y, things picked up in 2025, with full-year ...
SMM states today that “restocking demand for iron ore is largely complete and price support is weakening”, and prices duly ...
A lack of available tonnage is pushing ship prices higher, with demand still growing. In its latest weekly report, shipbroker Banchero Costa said that “newbuilding orders continued to flow this week.
China’s steel sector has returned to focus following the recent call by the China Iron and Steel Association (CISA) for domestic pro ...
Leading cash buyer of vessels Wirana Shipping has called for greater focus on how Hong Kong Convention (HKC) standards are applied in practice, warning that certification alone cannot guarantee ...
JE Ocean Heavy Industries, which is proceeding with the acquisition of the Gunsan Shipyard, said it has secured orders to build six tankers. JE Ocean Heavy Industries said on the 21st that it signed ...
With rates for tankers skyrocketing and the first signs of shortages in various parts of the world, it’s obvious that pressures are mounting from the Hormuz closure. In its latest weekly report, ...
ABS has awarded HD Hyundai Heavy Industries (HD HHI) and HD Korea Shipbuilding & Offshore Engineering (HD KSOE) approval in principle (AIP) for the basic design of a 22,000 CBM bunkering vessel ...
China’s coal import outlook spans softer buying through broadly sustained recent arrivals, but the effect on shipping will depend on which vessels carry the coal and where it is loaded. Panamax has ...
The Liberian Registry joined the Liberia Maritime Authority (LiMA) and representatives of the Maritime Safety Administration (MSA) of the People’s Republic of China for a recent series of meetings and ...
Large tankers have steered away from the Bab al-Mandab Strait amid intensifying Houthi military advances and attacks on Saudi energy infrastructure, supporting oil shipping rates while other types of ...
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