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India’s crude oil imports have remained – largely – unchanged during the first half of the year. In its latest weekly report, shipbroker Banchero Costa said that “after a marginal

Since the renewed naval blockade of the Strait of Hormuz took effect on 14 July, 102 tanker transits have been recorded. Nearly two-thirds (62%) crossed with AIS switched off, while

Global merchandise trade delivered a stronger-than-expected performance in the first quarter of 2026, with surging demand for artificial intelligence-related technologies helping to offset the growing disruption caused by the war

Strong newbuilding ordering has remained the case over the past week. In its latest weekly report, shipbroker Banchero Costa said that “newbuilding activity remained healthy this week, with contracting led

As with other countries, the Greek shipping industry, faces growing pressure from crew shortages, geopolitical uncertainty and increasing competition for skilled seafarers, workforce diversification is becoming an increasingly important part

On 13 July 2026, US Central Command announced a renewed naval blockade of Iranian ports (effective 14 July), ending a 60-day ceasefire following Iran’s 7 July attacks on commercial vessels

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

“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

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