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As we enter a new quarter, shipping markets remain gripped by an escalating geopolitical crisis. The US-Iran Memorandum of Understanding (MOU) lapsed in mid-August without renewal, and by early September the two sides had intensified a series of strikes and counterstrikes around the Strait of Hormuz. The threat has now spread to the Red Sea, ...
We haven't written up this one. Hellenic Shipping News has the full story — the link below goes straight to it.
Introduction An enclosed space is any space which may contain a hazardous atmosphere or oxygen deficiency and which has limited access, inadequate ventilation or is not designed for continuous…
Middle East oil exports, excluding Iran, surpassed the pre-war average of 18 million barrels per day last week, despite attacks in the Strait of Hormuz, according to data from the maritime tracking…
MEG exporters are diversifying trade patterns. Iraq leads this shift by using direct voyages as well as Malaysian lightering for long-haul routes, while Saudi Arabia relies on direct voyages supported…
At the beginning of Q3 2026, the ship recycling market appeared to be approaching a meaningful increase in supply. Hundreds of merchant vessels were preparing to move out of the Gulf, oil had fallen…
Demand for seaborne LNG demand is expected to grow significantly, mainly as a result of the EU’s future needs. In its latest weekly report, shipbroker Intermodal said that “the European gas market is…
British Airways will introduce what it called the world’s biggest business class on its upgraded double-decker Airbus SE A380 jets, targeting premium passengers as airlines rush to cash in on upscale…