EU Sanctions Deadline Drives Record $500,000 Premium for LR2 Suez Transits
The premium for Long Range 2 tankers transiting the Suez Canal, compared with the longer Cape of Good Hope route, hit a record high of about $500,000 as traders and refiners are in a...
France Detains Crew Member Over Suspected Foreign Interference Case
Latvian Crew Member Held on Hacking Charges.
Authorities Probe Suspected Foreign Power Link.
Cyber Intrusion Detected on Ferry Systems.
A crew member from Latvia has been taken into custody in France, facing charges of...
Russian Crude Tankers Take Longer Coastal Routes in the Black Sea
Coastal Detours Replace Direct Black Sea Crossings.
Routes Near Georgia and Turkey Seen as Safer.
Sea Drone Threat Drives Navigation Changes.
Oil tankers carrying Russian crude across the Black Sea are increasingly steering clear...
Container Carriers Channel New Capacity Into Africa and Middle East–ISC Trades
Global container fleet capacity rose 7.3% year on year to 33.2 Mteu, adding 2.27 Mteu of slots.
Most new capacity was deployed on Africa, Middle East–Indian Subcontinent, and Far East–Europe trades.
Sub-Saharan Africa...
Singapore Biobunker Demand Set for Slow Early 2026 as Costs and Regulatory Uncertainty Weigh
Singapore’s biobunker demand is expected to start 2026 slowly as shipowners delay procurement amid high costs and regulatory uncertainty.
Term contracts for 2026 supply are declining year over year, with demand recovery anticipated...
Odfjell Launches First Operational Green Corridor Between Brazil and Europe
Odfjell has launched the first operational green shipping corridor linking Brazil and Europe using sustainable biofuel.
Chemical tankers will operate 12–15 voyages annually on the 5,000-nautical-mile route with significantly lower emissions.
The corridor...
AD Ports Group Partners with AVESTO to Launch Logistics JV in Tajikistan
A new joint venture will deliver integrated logistics and freight services across Tajikistan
The partnership targets asset-light operations in the first phase
The deal strengthens Central Asia connectivity and the Middle Corridor
AD Ports...
Dry Bulk Supply Tightness Builds Beneath the Surface
Slower fleet speeds and ageing tonnage continue to limit effective capacity
Congestion trends are mixed, offering only partial relief to supply tightness
Newbuilding and demolition trends point to longer-term structural constraints
As 2025 draws...
Asia LNG MOC Activity Slows as JKM Hits Winter Lows
LNG trading in Asia’s MOC slowed for January as demand stayed weak.
Northeast Asian LNG price benchmark (JKM) fell to its lowest winter level since 2020.
Interbasin spreads narrowed, and arbitrage opportunities remain...
Russia–Ukraine Peace Talks Could Reshape Oil Shipping Flows
A possible peace deal could alter oil trade routes and tanker demand
Russian crude discounts may narrow gradually, not overnight
Any supply return is expected to be slow and uneven
Oil prices slipped below...