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Finance & Markets

Faster Ballast, Slower Laden: VLCC Supply Signals Diverge

This week’s Tanker Market Monitor examines divergence in VLCC sailing speeds, regional vessel supply, and freight earnings. In the Arabian Gulf, ballast vessels are accelerating while laden ships are slowing, with no clear improvement in overall voyage turnaround. Meanwhile, the western VLCC ballast surplus has narrowed, in contrast to rising ballast numbers East of Suez. ...

hellenicshippingnews.com ·1h ago

We haven't written up this one. Hellenic Shipping News has the full story — the link below goes straight to it.

Read the original at hellenicshippingnews.com →

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nOn Cyber Extortion Incident Involving 38 Maritime Companies Likely traces Back to a Single Vendor

On 12 October 2026, the cyber extortion group n0n listed a batch of 38 maritime organizations on its dark web leak site. The targets include shipping companies, port terminal operators, container…

n0n cyber extortion group targeted 38 maritime companies
Ransom demands between $400K to $400M per company
Incident linked to Korean vendor CyberLogitec

1h ago ·hellenicshippingnews.com

Asia-US container rates mixed as extended peak season demand wanes; tanker rates stable

Rates for shipping containers from east Asia and China to the US were mixed this week while rates for liquid chemical tankers ex-US Gulf were largely stable.

Container rates mixed for East Asia-US shipping, stable for liquid chemical tankers
Rates to West Coast $7,475-8,300/FEU, East Coast $9,600-11,300/FEU
Analysts predict downward pressure on spot rates from Far East to US

1h ago ·hellenicshippingnews.com

Japan to provide P&I, compensate cargo, hull cover for crude, oil products, LNG transport

Japan is set to provide protection and indemnity cover and partially compensate cargo and hull insurance payments for the transportation of crude oil, oil products and LNG, as part of a bill approved…

Japan approves three bills to enhance crude oil supply security.
METI revises specified tanker act to include petroleum products and LNG.
Government to compensate for unavailable reinsurance for foreign insurers.

1h ago ·hellenicshippingnews.com

VLCC Tanker Rates Retreated Last Week

Clean LR2 The TC1 75kt MEG/Japan index climbed by 47 points this week to WS986, with the corresponding Baltic round-trip TCE gaining $14,800 to $285,400/day.

1h ago ·hellenicshippingnews.com

Dry Bulk Market: Capesizes Declined Slightly Last Week

Capesize The market endured a sustained and broad-based decline through the week, with the BCI 182 5TC falling from $37,618 at Monday’s close to $29,464 by Friday.

1h ago ·hellenicshippingnews.com

Lessons for Australia as France burns

In the normally quiet city of Limoges in central France, the entire Western world is being given a lesson as the historic 143-year-old town hall, which survived two world wars, is destroyed by fire…

1h ago ·macrobusiness.com.au

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