Asyad Shipping cashes in on its oldest VLCCs and product tanker
Omani owner says disposals will allow it to increase operating efficiency
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September 2026
Marine insurers hit by $2bn Middle East claims
Trade body chief says underwriting losses were 20 times more than earnings amid criticisms of high premiums
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VLCCs Record Breaking Pace: Where Does the Market Go From Here?
A week for the record books has just been completed, with many wondering where to from here? In its latest weekly report, shipbroker Gibson said that “the VLCC markets reached unprecedented levels this week, with TD3C surging above $1.2mn/day, TD34 cli…
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Maritime Regulation Only Works If It Works At Sea
There comes a point in every regulatory process when the wording is agreed, and a new requirement is adopted. From the outside, that can look like the job is done. In shipping, this is often when the difficult part begins. An owner, manager or other im…
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Dry Bulk Shipping: Capesizes Softening
Capesize The market exhibited a generally softer tone through the first half of the week, with the Pacific bearing the brunt of the weakness as prompt tonnage continued to outweigh fresh cargo demand. C5 rates fell from the low $17s at the start of the…
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