Iran–Israel Missile Conflict Spurs VLCC Surge as Owners Withhold Tonnage

VLCC rates jumped 25% as owners held back tonnage. July-loading demand from Persian Gulf emerging, testing owners' resolve. Daily review of vessel transits...

Singapore Ship Bunker Sales Hit 16-month High

The 4,878,100 metric tonnes of marine fuel (including alternative fuels) sold in Singapore last month marked the highest monthly total since January 2024. ...

Idle Containership Fleet Sees Slight Decline

In the two weeks leading up to June 2, the global idle containership fleet recorded a slight decline in total capacity, despite a small...

MOL May Rethink Persian Gulf Routes as Iran–Israel Tensions Surge

To mull options when vessels, seafarers are under real risk or danger. 'So far, we are continuing normal service, but very carefully.' No...

Iran-Israel Conflict Disrupts Energy Infrastructure, Threatens Key Oil Routes

Oil futures rallied June 15 as Iran, Israel continued to trade attacks. NYMEX crude opens 5% higher; Iran threatens to attack ships in...

May Imports at Busiest U.S. Seaport Drop 9% Amid Tariff Disruptions

May imports to Port of Los Angeles down 9% year-on-year. Incoming cargo due to rebound after China tariffs lowered to 30% from 145%. ...

Warship Wreck Survey Set to Inform Strategy Against Underwater Pollution

Marine experts are set to conduct a detailed survey of HMS Cassandra, a WWI-era British warship wreck near Estonia, to assess its environmental...

Protecting Tanker Operators with Proper Cargo Sampling Practices

Cargo contamination claims pose a significant financial risk for tanker operators, often resulting in expensive disputes. To effectively mitigate these risks, meticulous and proper...

[Podcast]Shipping Eyes Opportunity in Uncertainty at Nor-Shipping 2025

Shipping’s Risk Appetite Grows Despite Global Tensions. Nor-Shipping Highlights Divide in Strategy Amid US-China Rivalry. Volatility Rules, But Shipping Stays the Course. Lloyd’s List’s...

LCO₂ Shipping Emerges as Key Enabler for CCS Expansion

Maritime CO₂ Transport Emerges as Key Net-Zero Enabler. Cross-Border LCO₂ Shipping Faces Legal and Technical Hurdles. LCO₂ Vessels Drive Scalable Carbon Capture Logistics. As...

LNG Spot Rates Surge on Vessel Tightness While LPG Market Holds...

Atlantic LNG Rates Surge, Pacific Sees Modest Gains. Charter Demand Boosts LNG Spot Market Ahead of July. LPG Market Stable with Minor Fluctuations. The...

Port of Québec Earns Top Green Marine Certification for Seventh Consecutive...

The Port of Québec has achieved Green Marine’s highest environmental rating for the seventh year in a row. It earned perfect scores across...

Crane Collapses During Delivery at Tuas Port

New Quay Crane Topples, No Injuries Reported. Tuas Port Incident Leaves Operations Unaffected. Port Crane Falls at Non-Operational Berth. A quay crane that was...

Container Report – Week 24: Early Demand Supports Strong Pricing

Container rates remained strong due to early peak season demand and frontloading ahead of possible tariffs. U.S. East and West Coast freight rates...

Dry Bulk Market Monitor: Week 24 Sees Stronger Capesize Activity

Capesize and Panamax freight rates strengthened in early June, with the Baltic Dry Index hitting a three-month high. Vessel supply trends were mixed,...

Oil Markets Face Volatility as Israel-Iran Conflict Intensifies

Oil prices briefly surged after Israeli strikes on Iran, but gains eased as no major energy infrastructure was hit. Analysts warn prices could...

Iran May Attack Red Sea, Persian Gulf Ships Defending Israel

Iranian state news reported on June 14, 2025, that Iran has threatened to target ships, naval vessels, and military bases near the Persian Gulf...

Capesize Rallies, Panamax Sees Strong Gains, Supramax Splits Basins

The Capesize dry bulk market exhibited a steady yet nuanced performance in the recent trading week (Week 24, ending June 13, 2025), beginning with...

VLCC, Suezmax, and Aframax Rates Decline Globally as Market Softening Continues

The LR2 (Long Range 2) tanker market in the Middle East Gulf (MEG) indeed saw its resilience tested and ultimately yielded to downward pressure...

Israeli Attack on Iran Heightens Tensions, Sends Ripples Through Asian LNG...

The Israeli attack on Iran in the early hours of June 13, 2025, has significantly heightened tensions across LNG markets in Asia. Sources from...