The ship recycling market’s sentiment improved last week, despite adverse conditions. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships, said that “the Indian ship

BIMCO’s executives and analysts have weighed in the aftermath of the ceasefire agreement in the Middle East war. More specifically, Chief Safety & Security Officer, Jakob Larsen commented the following:

Six weeks into the Iran–US conflict, the closure of the Strait of Hormuz has triggered the most significant supply disruption in the modern oil market. Approximately 11 million barrels per

The first quarter proved to be on of the strongest in recent years, in terms of S&P deals. In its latest weekly report, shipbroker Xclusiv said that “the first quarter

The escalation of tensions around the Strait of Hormuz has led to one of the most significant disruptions to commercial shipping observed in recent years. Drawing on AXSMarine AIS-derived data

A seminal shift in how the US utilises maritime sanctions has seen a move away from rigid, long-term policy towards a “deeply pragmatic” and often unpredictable approach designed to stabilise

The pressure on the oil and shipping markets from the Hormuz Strait situation could very well remain, long after the war in Iran ends. In its latest weekly report, shipbroker

Escalating Houthi attacks against Israeli targets signal potential maritime sabotage ahead, threatening to reshape global tanker trade flows and introduce significant inefficiencies into an already strained supply chain. We analyse

In 2008, shipping entered unparalleled territory as soaring Chinese demand drove a newbuild demand spike. VLCC valuations skyrocketed to levels never seen before. Yet amid all the volatility, there was