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LNG Shipping Remained Under Pressure Last Week

LNG The LNG market remained under pressure this week, with Atlantic rates facing pressure as vessel availability continues to grow against limited cargo opportunities.

  • Atlantic LNG rates faced challenges as vessel availability grew
  • BLNG1 Australia–Japan route rates decreased by $12,800 week-on-week
  • LPG market was quieter than usual with limited activity reported

MEPC 85: Greek shipowners back Liberia-Panama proposal ahead of IMO talks

The Union of Greek Shipowners (UGS) wants emission targets determined by what the bunker market can actually supply, ahead of IMO talks on 1 September.

  • Greek shipowners UGS supports Liberia-Panama proposal for IMO talks.
  • UGS believes emission targets should align with bunker market availability and pricing.
  • UGS welcomes proposal's focus on vessel energy efficiency and targets.

What Is a False Flag Vessel, and Why Is the Problem Growing?

What Is a False Flag Vessel? A false flag vessel is a ship that broadcasts the flag of a country whose maritime administration has not authorized the vessel to fly it.

  • False flag vessels deceive by claiming unauthorized flags.
  • 580 false flagged vessels as of Q2 2026, up from 22 in 2026.
  • 90% of vessels evade Western sanctions, Russia and Iran major drivers.

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