The tanker market has shown a strong rebound during the past month, according to OPEC’s latest monthly report. VLCC spot freight rates showed a strong performance in February, as fleet

As tensions in the Middle East persist, concerns continue to grow over the risk of prolonged disruption to maritime trade. Attention is increasingly focused on signs of safe passage through

Tanker chartering professionals are no strangers to volatility. Rate spikes, laycans slipping, last-minute compliance checks, that is just the backdrop of a normal week. But the crisis that erupted on

The duration of the closure of the Hormuz Strait will most likely dictate the outcome of the current crisis and its impact on shipping, the overall supply chain and ultimately

Drewry AIS showcases several VLGCs that reached or were idling in the Gulf of Oman have altered course towards the USGC as buyers scramble to procure alternative cargoes for the

Over the past decade, shipping has made major strides in improving fuel efficiency and reducing emissions. Hull optimisation, wind-assisted propulsion and digital fuel management are helping vessels burn less energy

The ship recycling markets have been gearing up for a slowdown, after the outbreak of war in the Middle East. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading

Greek shipping manages some of the most sophisticated and commercially successful fleets in the world. That success, however, has come with an increasingly complex operating environment onboard ships, one that

Reduced coal demand in China and lower production quotas in Indonesia have weighed on seaborne coal flows. Yet, with restricted oil and gas flows from the Gulf, coal demand will