A more positive sentiment was evident in the ship recycling markets, over the past week. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that “the Alang ship recycling market showed some improvement in s…
Ship Recycling Markets Showing Positive Signs Read More »
“During the last two weeks of July, dirty tanker loadings from Russian Black Sea and Sea of Azov ports fell 62% compared to the previous four weeks’ average. Exports averaged 0.98 million barrels per day (mbpd) compared to 2.59 mbpd in the previo…
Dirty tanker loadings drop 62% from Russian ports in the Black Sea and Sea of Azov Read More »
Dear Secretaries General, We are writing to you to reiterate our concerns regarding the potential imposition of tolls or service fees in the Strait of Hormuz. As the International Maritime Organization has highlighted repeatedly, since the beginning of…
The tanker market could be faced with a totally different scenario in the future, regardless of what happens in the Strait of Hormuz, since, it now looks that the previous status won’t return, even after an agreement is reached between Iran and the US….
Will the Gulf Oil Be Transported By Land in the Future? Read More »
From products to crude: how the strikes reshaped Russia’s seaborne exports Ukraine’s strikes on Russian ports and refineries stepped up sharply after March 2026, and the effect on Russia’s seaborne oil trade was not really a simple fa…
From products to crude: how the strikes reshaped Russia’s seaborne exports Read More »