Maritime LogisticsElena Marsh
Hellenic Shipping News Worldwide reports a divergence in VLCC sailing speeds and regional vessel supply, with ballast ships accelerating while laden vessels slow down, impacting overall voyage turnaround.
Maritime LogisticsElena Marsh
The VLCC market has seen substantial repricing during 2026, driven by exceptionally strong freight earnings, geopolitical disruption, and tighter vessel availability.
Maritime LogisticsElena Marsh
The global ocean hull insurance market is softening despite a reported 9.4% increase in the premium base for 2025, according to insights from the International Union of Marine Insurance (IUMI).
Maritime LogisticsElena Marsh
Crude oil and heavy product exports from the Caribbean Basin increased by 45% year-on-year, according to data reported by Hellenic Shipping News Worldwide.
Maritime LogisticsElena Marsh
The ship recycling market continues its upward trend, with robust activity noted in India and Pakistan, while Bangladesh and Turkey maintain stable conditions.
Maritime LogisticsElena Marsh
Extended periods of congestion, drifting, or standby are exposing LNG carriers to increased operational, commercial, and contractual risks due to boil-off gas management challenges, according to Hellenic Shipping News Worldwide.
Maritime LogisticsElena Marsh
Bunker price volatility was identified as a primary factor in the elevated freight rates for LNG-fueled dirty tankers between 31 August and 4 September, particularly when compared to conventional tanker freight values across benchmark routes.
Maritime LogisticsElena Marsh
Drewry, the maritime research and advisory firm, has launched a new monthly-updated dashboard designed to help stakeholders navigate volatility in the container shipping market.
Maritime LogisticsElena Marsh
Despite a notable softening in VLCC fundamentals, freight rates have strengthened, with geopolitical risks, particularly around the Middle East Gulf, creating a significant market disconnect.
Maritime LogisticsElena Marsh
Iran's Supreme National Security Council announced plans for an "exclusion zone" near the Strait of Hormuz, targeting vessels perceived to be attempting transit, according to Hellenic Shipping News Worldwide.
Maritime LogisticsElena Marsh
Tanker asset values have seen substantial increases across all age segments, with older vessels experiencing the most significant year-on-year appreciation, according to a recent report by Hellenic Shipping News Worldwide.
Maritime LogisticsElena Marsh
The Baltic Dry Index experienced a decline on Monday, breaking a recent upward trend, though remaining near levels not seen since October 2021.
Maritime LogisticsElena Marsh
Independently held fuel oil stocks in the Amsterdam-Rotterdam-Antwerp (ARA) hub have increased by an average of 15% in the first part of September compared to August's monthly average, according to Insights Global data.
Maritime LogisticsElena Marsh
The International Maritime Organization's Net-Zero Framework (NZF) has received broad support from member states, despite some opposition, as discussions conclude on global shipping's climate impact.
Maritime LogisticsElena Marsh
Very Large Crude Carrier rates out of the US Gulf Coast reached new peaks on 4 September, driven by a constrained tonnage list in the Atlantic Basin and firm rates in other global markets.
Maritime LogisticsElena Marsh
Recent agreements regarding Venezuelan oil reserves and production are anticipated to increase crude oil output, potentially leading to a long-term shift in tanker export patterns from West to East.
Maritime LogisticsElena Marsh
ClassNK has granted an expanded Approval in Principle (AiP) for OceanWings' Rigid Fixed (RF) and Rigid Tiltable (RT) wingsails, signifying broader scalability for the technology.
Maritime LogisticsElena Marsh
SMM 2026, held in Hamburg, focused on key maritime industry challenges, with maritime security and resilient supply chains emerging as primary concerns alongside decarbonisation and artificial intelligence.
Maritime LogisticsElena Marsh
The United States has reportedly secured an agreement to control 65 billion barrels of Venezuelan oil, according to a recent Gibson Shipbrokers report cited by Hellenic Shipping News Worldwide.
Maritime LogisticsElena Marsh
The Very Large Crude Carrier (VLCC) market has shown significant strengthening this week, with rates experiencing an upward push as prompt tonnage availability tightens.
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