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Dirty tanker spot freight rates surged in September across all vessel classes, as trade dislocations, export inefficiencies and longer voyages kept tanker availability constrained, OPEC said in its latest monthly

Schedule reliability has fallen to near record lows in recent months, while port congestion has built up. In this opinion piece, Drewry experts draw the main lessons from the operational

The English Court of Appeal’s recent decision in Batavia Eximp & Contracting (S) Pte Ltd v Pedregal Maritime SA [2026] EWCA Civ 1158 provides an important reminder of the distinction

Tanker supply has been growing over the past few years, as more and more newbuildings are entering the global fleet. In its latest weekly report, shipbroker Xclusiv said that “tanker

MR demand shifts back towards regional trading Pacific origin MR earnings have maintained a substantial premium over Atlantic routes throughout 2026, while regional tonne mile demand has shifted considerably since

Global reliability fell for the fourth consecutive month down to 27% on-time, 2pp lower than August and now matching February’s floor earlier in the year. There is little prospect of

The ship recycling markets were stable over the past week. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships, said that “the Indian recycling market

“During the first two weeks of October, weekly container ship capacity transiting the Suez Canal averaged 753k TEU, according to Clarksons Research, compared with 1,457k TEU during the same period

Recorded Black Sea steel loadings declined sharply in Q3 2026. Volumes, including scrap, fell 65.6% y/y to 0.65 Mt across 51 voyages, compared with 129 in Q3 2025. The year-on-year