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The tanker market is already feeling the impact from the latest round of Middle East warfare, with rates rising sharply across the board. In its latest weekly report, shipbroker Xclusiv

Seafarers detained in connection with their professional duties must be treated fairly and with dignity, with full respect for their human rights, high level participants from the International Maritime Organization

Introduction: the Hormuz Strait and its significance The world is still reacting to the dramatic outbreak of hostilities between Israel and Iran on 13 June 2025, which has included reciprocal

The ship recycling market was further hampered by the developments of the past week and the escalation of warfare between Iran and Israel. In its latest weekly report, Best Oasis

The dry bulk market is expected to be less affected by the ongoing situation between Iran and Israel; however, examining the current situation can help determine the best way to

The global dry bulk fleet is facing a sharp contraction in younger, more efficient tonnage, with the supply of vessels under 15 years of age projected to fall by 22%

Ship owners were quite active in the dry bulk newbuilding market last week. In its latest weekly report, shipbroker Banchero Costa said that “the Greek company DryDel ordered an Ultramax

Escalating tensions between Iran and Israel are analysed for their potential effects on global energy markets, particularly concerning the Strait of Hormuz. While historical data indicates a full closure by

The closure of the Strait of Hormuz is highly unlikely due to its crucial role in connecting Gulf Cooperation Council (GCC) countries with global markets. These countries are major exporters