After nearly 100 days of conflict, the US and Iran agreed on an interim deal. The framework includes removing the blockade of the Strait of Hormuz (by Iran and the US) within 30 days of agreement signing in Switzerland (19 June), and 60 days to pave th…
US–Iran deal: Progress… but not quite lasting peace Read More »
As wind-assisted propulsion scales across the global fleet, operations are advancing faster than regulation. With IMO guidance still under development, safety today rests on strong operational practice, class approval, and the ISM Code. Wind-assisted p…
Wind-assisted propulsion: Managing safety while regulation takes shape Read More »
Tanker newbuild ordering has gathered significant momentum through 2026, increasing c.358% year-on-year with 444 vessels placed year to date (including on order and options) across all major segments. Activity peaked in February at 20.5 mil DWT before …
VLCC Orders Drive Tanker Newbuilding Surge Read More »
Once deployed primarily in response to short-term supply disruptions, FSRUs are increasingly being repositioned as long-term infrastructure. As LNG markets expand and energy systems evolve, their role is being reshaped by the need for flexibility, fast…
FSRUs gaining strategic importance in a changing LNG landscape Read More »
The tanker market’s growing uncertainty is changing the ordering patterns in the 80–120,000 dwt segment, known as the Aframax in crude and LR2 in product tankers. Traditionally, shipowners looking to transport crude oil opted for Aframax tankers, while…
Flexibility wins: Orders shifting from Aframax to ‘coated Aframax Read More »