US Puts New Sanctions on Iran’s Shipping and Oil Trade
U.S. sanctions target over 115 Iran-linked individuals, entities, and vessels, marking the most significant action since 2018.
Measures focus on the shipping network...
Fujairah Oil Inventories Drop 17% to Two-Month Low
Refined Product Stocks at Fujairah Fall Across All Categories.
Fujairah Fuel Oil Exports Hit Five-Month High in July.
Naphtha Leads Non-Fuel Oil Exports...
India Finalises Technical Specs for VLGC Construction
STAC Clears VLGC Design; $120 Million Build Cost Estimated.
Govt Moves Ahead with Local VLGC Builds After Spec Approval.
VLGC Plans Progress as...
New EU Sanctions Target Russia’s “Shadow Fleet” and Tighten Oil Price Cap to $47.60/Barrel
On July 18, 2025, the European Union adopted its 18th package of sanctions against Russia, detailed in amended Regulation (EU) 833/2014 and Regulation (EU)...
Union Maritime Secures $130M for LNG and Wind-Assisted Tanker Pair
Union Maritime has secured $130 million in delivery financing for two LNG dual-fuel, wind-assisted LR2 tankers.
The vessels will feature BAR Technologies' WindWings,...
Structural Shifts and VLGC Oversupply Create Unique Challenges for Medium Gas Carriers
Medium Gas Carriers (MGCs), despite being a relatively small portion of the global LPG fleet (9%), have historically been crucial for seaborne LPG and...
Capesize Finds Resilience, But Atlantic Weakness Drags Down Panamax, Supramax
The dry bulk shipping market is currently experiencing varied performance across its different vessel segments, with Capesize showing some resilience while Panamax, Supramax, and...
Lessons Learned: Fatal Enclosed Space Incident During Coal Loading Operation
This incident summary is based on an investigation report detailing a fatal accident involving toxic gas exposure on a bulk carrier during cargo loading...
VLCCs Struggle, But Regional Dynamics Point to Upside for Suezmaxes and Aframaxes
The crude oil tanker market is experiencing mixed signals across different vessel classes. While VLCC rates continue to struggle, Suezmaxes are seeing a positive...
Fertilizer Trade Realignment Drives Tonne-Mile Growth and Panamax/Supramax Demand
The global fertilizer trade is undergoing a significant structural realignment, shifting traditional supply and demand relationships and having notable implications for the dry bulk...
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