South Korea tests Arctic shipping route amid Russia-West row
Iraq Has Reached Understandings With US To Allow Oil Exports Through Hormuz
Nov 8 (Reuters) – Iraq has reached understandings with the United States to allow Iraqi oil exports through the Strait of Hormuz via a shipp…
Tankers: VLCC Market Cools Down
The tanker market has witnessed a decline over the course of the past week. In its latest weekly report, shipbroker Affinity said that "VLCC…
Asia-US container rates largely stable; liquid tanker rates steady to higher
Rates for shipping containers from east Asia and China to the US were largely stable this week while rates for liquid chemical tankers ex-US…
Brazil Premium Rebuilds: C3–C5 Spread Back Above $21/mt
Brazil–China freight pulled away from West Australia–China for a second week. C3 Tubarao–Qingdao rose by $2.93/mt to $36.80/mt; C5 West Aust…
IMO Council urges stronger protection of seafarers amid threats to global shipping
Council condemns attacks on merchant shipping in the Red Sea and Black Sea, mourns loss of 25th seafarer since onset of Strait of Hormuz con…
The IMO NZF as agreed upon in 2025 still remains the most likely way to achieve the IMO 2023 GHG strategy
MEPC 85 is coming up fast, and negotiations for what the Net Zero Framework will look like are increasing in intensity. With several proposa…
Caribbean countries advance maritime decarbonization roadmap
Caribbean countries and maritime stakeholders have developed a draft regional roadmap to advance maritime decarbonization and ensure a just …
HPCL Struggles To Book Tankers For Hormuz Crude
Vessel shortages and last-minute withdrawals by shipowners complicate crude shipments from the Persian Gulf despite recovering regional supp…