The ship recycling markets in Southeast Asia were mostly slower, mainly because of Eid holidays. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships, said that “the shipping industry and broader maritime market a…
Ship Recycling Market Slowed Down by Festivities Read More »
On the third day of Posidonia 2026, the world’s most prestigious international shipping exhibition, the conversation inside the halls of the Athens Metropolitan Expo transcended geopolitics, cargo tonnage, insurance premiums and charter rates. Th…
“In May, dirty tanker exports from the Americas reached 14.5 million barrels per day (mbpd), up from the previous record of 13.8 mbpd in April. Compared to May 2025, exports are up 40% year-on-year and during the three months since the start of t…
Dirty tanker exports from the Americas hit new record of 14.5 mbpd in May Read More »
Tanker is expected to serve as floating storage as blockade continue
Sanctioned VLCC loads first cargo at Iran’s Kharg Island in a month Read More »
Gulf hostilities flared again on Wednesday as Iranian attacks on Kuwait damaged its airport and injured dozens while the U.S. military carried out strikes near the Strait of Hormuz, with diplomacy to halt the war showing little sign of progress.The att…
Gulf Hostilities Spike as Iran, US Launch Attacks Read More »