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The ship recycling market is lacking available tonnage, despite strong buying interest. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships, said that “the Indian

“The Iran war and the resulting disruptions to ship transits through the Strait of Hormuz have increased uncertainty for both the global economy and the dry bulk market. Around 4%

April ends with firm sentiment in both Capesize and Panamax segments. On the C3 route, freight levels are supported by ballaster counts trending below the 12-month average. In Panamax, low

More tankers and LNGs have been on the newbuilding ordering “menu” over the past week. In its latest weekly report, shipbroker Banchero Costa said that “in the gas carrier sector,

On United Nations’ World Day for Safety and Health at Work, this year’s theme – “ensuring a healthy psychosocial working environment” – feels especially relevant at sea. There is no

On the morning of April 18, 2026, the master of a crude oil tanker transiting the Strait of Hormuz broadcast a transmission that remains the clearest summary of what our

The existing blockade of the Hormuz Strait could be far reaching and have long-lasting effects in the tanker market, essentially increasing ton-mile demand. In its latest weekly report, shipbroker Intermodal

The conflict has triggered a sharp repricing across tanker freight, but the response has not been uniform. Crude and clean tankers both rallied as disruption risk centred on the Middle

Events in the Middle East are once again reminding the world of a fundamental truth: global supply chains are not abstract systems. They are physical, exposed, and deeply intertwined with