News Flash
Hormuz oil flows down 97% from normal levels, Goldman Sachs says
Categories: News Flash
Date: Mar 14, 2026
Oil flows through the Strait of Hormuz have collapsed amid the escalating Middle East conflict, with...
LNGC loadings down in Qatar post force majeure, as the conflict continues
Categories: News Flash
Date: Mar 14, 2026
Drewry AIS shows Qatar loaded only 7 LNGCs in week 10 (ending 6 March) due to heightened tensions in...
Baltic Dry Index Rises Further, Posts Weekly Gain
Categories: News Flash
Date: Mar 14, 2026
The Baltic Exchange’s dry bulk index, which tracks rates for vessels transporting dry commodities,...
Strait of Hormuz update: VLGCs ballasting from Gulf of Oman; Asian petchem receives a serious blow
Categories: News Flash
Date: Mar 14, 2026
Drewry AIS showcases several VLGCs that reached or were idling in the Gulf of Oman have altered cour...
DP World Reports Record $24.4 Bn Revenue And $6.4bn EBITDA For 2025
Categories: News Flash
Date: Mar 13, 2026
DP World today announced record financial results for 2025, with revenue up 22% to $24.4 billion, an...
Drone attack disrupts Salalah port operations
Categories: News Flash
Date: Mar 13, 2026
Port operations and bunkering at the Omani port of Salalah were suspended after a drone attack struc...
MacGregor launches revolutionary Balanced Lashing System to redefine container shipping safety and capacity
Categories: News Flash
Date: Mar 13, 2026
MacGregor has launched its new Balanced Lashing System, a reliable solution designed to solve the lo...
Wallenius Wilhelmsen renews shipping contract with an estimated value of around USD 190m
Categories: News Flash
Date: Mar 13, 2026
Wallenius Wilhelmsen renews contract with a global automotive distributor with an estimated net frei...
Hapag-Lloyd container ship struck near UAE’s Jebel Ali port
Categories: News Flash
Date: Mar 13, 2026
A container ship operated by German shipping company Hapag-Lloyd was struck near the Jebel Ali port ...
BlueBox Systems launches “Tradelane Intelligence”: Data analytics for optimized freight decisions
Categories: News Flash
Date: Mar 13, 2026
BlueBox Systems, a leading provider of airfreight visibility solutions, is expanding its service por...
XOCEAN’s X-30 achieves ROUV certification under the UK Workboat Code Edition 3
Categories: News Flash
Date: Mar 13, 2026
The certification marks one of the first of its kind for an operational platform. Lloyd’s Regis...
Seanergy Maritime Announces the Acquisition of Two Japanese Capesize Newbuildings and Sale of Older Vessel; Provides Corporate Updates
Categories: News Flash
Date: Mar 13, 2026
Seanergy Maritime Holdings Corp. announced today that it has agreed to acquire two scrubber-fitted 1...
U.S. trade balance shows improvement, boosts economic optimism
Categories: News Flash
Date: Mar 13, 2026
The United States’ trade balance has shown a marked improvement, according to the latest economic ...
INTERCARGO Urges Vigilance and Reaffirms Priority on Seafarer Safety as Security Risks Escalate in Middle East Gulf and Strait of Hormuz
Categories: News Flash
Date: Mar 13, 2026
The International Association of Dry Cargo Shipowners (INTERCARGO) has expressed deep concern over t...
LNG Bunker Snapshot: Prices spike as Middle East crisis rattles global supply
Categories: News Flash
Date: Mar 12, 2026
LNG bunker prices in Rotterdam and Singapore have surged sharply as Middle East tensions, disruption...
Gard and NAVTOR partner to launch Gard Insights on NavStation
Categories: News Flash
Date: Mar 12, 2026
For those at sea, every decision counts, and in the dynamic world of shipping, timely access to the ...
MOL Acquires Stake in V.Ships France, Expands LNG Fleet Under Management
Categories: News Flash
Date: Mar 12, 2026
V.Group, the global ship manager and marine services provider, has today announced a strategic partn...
OPEC Retains Oil Forecast, Says Saudi Arabia Increased Oil Production Prior to Iran War
Categories: News Flash
Date: Mar 12, 2026
Crude Oil Price Movements In February, the OPEC Reference Basket (ORB) value increased by $5.59/b...
IEA Member countries to carry out largest ever oil stock release amid market disruptions from Middle East conflict
Categories: News Flash
Date: Mar 12, 2026
The 32 Member countries of the International Energy Agency unanimously agreed today to make 400 mill...
Container ship order book hits new record high with 11.8m TEU on order
Categories: News Flash
Date: Mar 12, 2026
“Despite increasing trade policy uncertainty and falling freight rates, the container ship order b...
Asia’s high sulfur fuel oil cash differentials surge to highest since IMO 2020
Categories: News Flash
Date: Mar 12, 2026
The ongoing disruption in oil flows due to the US-Israel war with Iran has pushed Asia’s benchmark...
Hormuz traffic increases, at least two sanctioned ships cross strait: CAS
Categories: News Flash
Date: Mar 12, 2026
Eight ships crossed through the Strait of Hormuz on March 10, up from three ships the day before, ac...
Baltic Dry Index Edges Up
Categories: News Flash
Date: Mar 12, 2026
The Baltic Exchange’s dry bulk index, which tracks rates for vessels transporting dry commodities,...
WAF crude tanker rates slide from record highs on influx of ballasters
Categories: News Flash
Date: Mar 12, 2026
Suezmax and Very Large Crude Carrier rates for voyages loading in West Africa have tumbled since hit...
Smart Ship Hub and ORBYT Global Group partner to deliver integrated compliance and emissions reporting platform
Categories: News Flash
Date: Mar 11, 2026
Smart Ship Hub (SSH), a leading vessel optimisation platform, has entered a strategic partnership wi...
Lauritzen Bulkers Reports Good Performance in a Challenging Year
Categories: News Flash
Date: Mar 11, 2026
Lauritzen Bulkers has announced its 2025 financial results, closing a year characterised by rapid ma...
S Korea, Taiwan, and Singapore vulnerable to lost Qatari LNG
Categories: News Flash
Date: Mar 11, 2026
QatarEnergy’s force majeure declaration on LNG exports has put Asian buyers into a predicament of ...
China may resume US crude imports on supply crisis after 9-month gap: sources
Categories: News Flash
Date: Mar 11, 2026
Chinese state-run refiners may resume US crude imports after a nine-month suspension amid the supply...
War Risk Coverage Exit Credit Negative for Exposed U.S. Marine Insurers
Categories: News Flash
Date: Mar 11, 2026
Fitch Ratings expects the withdrawal of hull war risk marine insurance coverage in the Persian Gulf ...
MarinePALS CEO calls for action to make defibrillators mandatory on all merchant vessels
Categories: News Flash
Date: Mar 11, 2026
The message from MarinePALS CEO Captain Pradeep Chawla is clear: “We have waited too long. It is t...
Enhanced Indian scrutiny raises barriers for sanctioned vessels seeking recycling
Categories: News Flash
Date: Mar 11, 2026
India’s decision to introduce additional documentation checks before end-of-life vessels are clear...
Global Bunker Prices Surge By 30-35%, Tracking Soaring Crude As US-Iran Crisis Persists
Categories: News Flash
Date: Mar 11, 2026
Global bunker fuel prices have surged by 30-35% over the past week as the US-Iran conflict and closu...