Pressure builds to harmonise ship recycling rules as demand grows
Aligning IMO ship recycling rules closer with EU regulations would benefit industry, argue ECSA and ICS
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June 2026
Iran’s Strait Authority to Facilitate Passage Through Hormuz
Iran’s Supreme National Security Council said in a statement on Thursday that the country’s Persian Gulf Strait Authority will take measures to issue fast authorizations to ships wanting to pass through the Strait of Hormuz as per the memorandum…
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US fully lifts Iran blockade, as Tehran promises swift Hormuz transit handling
Washington and Tehran proceed quickly to implement interim peace deal’s maritime clauses
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Tracking the Pulse of Greek Tanker Transactions
Greek owners have remained quite active in the S&P market for tankers, although they were mainly net sellers. In its latest weekly report, shipbroker Xclusiv said that “following our previous analysis of dry bulk Sale & Purchase and newbuilding…
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The Tonnage Math Behind a Hormuz Reopening
A Hormuz reopening is unlikely to trigger an immediate VLCC tonnage squeeze, as ample ballast capacity is already positioning towards the MEG, whereas diverting ballasters from the Atlantic could further add to the tally. There has been a lot of discus…
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