Throughout the first half of 2026, the crisis in the Strait of Hormuz has profoundly altered the global landscape of VLCC crude shipping. Evaluating quarterly liftings by primary loading countries reveals a continuous contraction in overall VLCC volume…
Venezuela Steps In as the Hormuz Crisis Re-routes VLCC Trade Out of the Gulf Read More »
In March 2025, the Solong collided with the Stena Immaculate which was sitting at anchor with cargo of over 220,000 barrels of jet fuel. The fireball which ensued on collision led to the loss of life of a crew member onboard the Solong, and the Master …
A question of limitation Read More »
Basel-based outfit has also moved into DHT Holdings, CMB.Tech, Carnival and Norwegian Cruise Line Holdings
Swiss bank J Safra Sarasin moves chips into shipping stocks, led by Star Bulk buy Read More »
Record low water levels in Europe’s major rivers have curtailed the transport of goods, reduced electricity output and shrunk company earnings, stoking fears about the economic impact of searing heat and erratic rainfall.As Europe experiences…
Low Water Levels in European Rivers Warn of Economic Impact Read More »
Russia’s main grain lobby group warned on Friday that Ukrainian drone attacks on Russian ships and ports could shut down grain exports via the Black Sea in the near future, pushing up prices and causing hunger in Africa and the Middle East.Russia…
Russian Grain Lobby Warns Black Sea Attacks Threaten Grain Security Read More »