The recent signing of the peace agreement between the US and Iran is proving to be as fragile as the Hormuz Strait’s restoration of “business as usual”. In its latest weekly report, shipbroker Gibson said that “after more than three months of disruptio…
Tankers: A Fragile Peace Deal and the Hormuz Straits Conundrum Read More »
Capesize The market staged an impressive late-week recovery to finish on a significantly firmer footing, with improving sentiment driven primarily by renewed strength in the Pacific. Having come under pressure through the early part of the week, the ma…
Dry Bulk Shipping: Capesizes Stage Strong Recovery Read More »
Signal Ocean voyage data confirms a sustained ramp in seaborne crude liftings from Venezuela through 2026. On a 7-day moving-average basis, monthly volumes have risen in unbroken succession from approximately 0.62m bbl in January to roughly 1.5m bbl by…
Venezuela: Six Straight Months of Rising Crude Liftings Read More »
The digitalization trend in offshore energy operations is hardly news, but the speed of technology evolution, driven by artificial intelligence with the companion threat of cyber breaches offers as many questions as answers, as many challenges as oppor…
ABS Fortifies Digital, Remote Support for Offshore Energy Read More »
Tehran declares shipping halt as vessel movements and enforcement remain unclear
Iran re-closes Strait of Hormuz as Lebanon dispute threatens peace deal Read More »