The United States said on Sunday that it had seized an Iranian cargo ship that tried to run its blockade and Iran said it would retaliate, raising the possibility that the ceasefire between the two countries might not last for even the two days…
US Seizes Iranian Cargo Ship, Tehran Vows Retaliation Read More »
The 97m-loa multipurpose support vessel will go on long-term charter to Oceaneering International
Astro Offshore goes ultra-deepwater with Golden Energy vessel buy Read More »
Singapore shipyard group says hybrid adoption dominates as regulation slows full deployment
Only the market can limit autonomous disruption, says ST Engineering marine chief Read More »
The resumption of crude oil flows and ships from the Strait of Hormuz is the catalyst of any future move in the tanker market, as oil supply is currently being restricted. Meanwhile, just as things started looking rosier by Friday afternoon, Saturday p…
Tanker Market: All Eyes on Hormuz Strait Read More »
Capesize The market delivered a firm performance over the week, building momentum from a cautious but positive start into a broad-based midweek rally, before showing signs of consolidation at elevated levels by Thursday. The BCI 182 5TC gained over $6,…
Dry Bulk Market: Capesizes Showing Strong Momentum Read More »