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Tanker Market on Edge as Iran-Israel Conflict Intensifies

16/06/2025

Tanker owners are, once again, on edge, because of a renewal of tension between Israel and Iran. In its latest

Drewry: Oil transit through Strait of Hormuz unlikely to be disrupted by regional unrest

16/06/2025

The Israeli strikes on Iranian nuclear and military facilities on Friday 13th June, followed by Iran’s retaliatory actions, have heightened

VLCC Tanker Market Weakens as the Week Ended

16/06/2025

Clean

LR2

LR2’s in the MEG were eventually retested back down this week. The TC1 75kt MEG/Japan index lost 14.44 points to WS113.89. A TC20 90kt MEG/UK-Continent run also went from $3.63m to $3.37m.

West of Suez, Mediterranean/East LR2’s held steadfast this week

Successful ammonia transfers in the Pilbara yield key safety and operational insights for future ammonia bunkering opera

16/06/2025

The Global Centre for Maritime Decarbonisation (GCMD) today released a comprehensive report detailing the learnings of a pioneering pilot successfully completed on 14 September 2024. The pilot involved the ship-to-ship transfer of liquid ammonia between two gas carriers, the Green

TEN Ltd. Announces Delivery of “Dr Irene Tsakos”, an Eco-Friendly Suezmax From Hyundai Heavy, South Korea

15/06/2025

TEN Ltd., a leading diversified crude, product and LNG tanker operator, today announced the delivery of the eco-friendly scrubber-fitted suezmax

ABS Chairman and CEO Christopher J. Wiernicki Recognized with Silver Bell Award for Outstanding Service and Safety Leade

15/06/2025

ABS Chairman and CEO Christopher J. Wiernicki was honored by The Seamen's Church Institute (SCI), receiving the 2025 Silver Bell

Ships warned to avoid Red Sea, log Hormuz voyages

15/06/2025

Merchant shipping is continuing to pass through the Strait of Hormuz despite Israel’s attacks on Iran on Friday, the multinational,

Israel-Iran conflict: safety and stability of ocean supply chains under threat

14/06/2025

“Geo-politics is once again threatening the safety and stability of global supply chains so we must hope for de-escalation in

HD Hyundai: Contract Announcement

14/06/2025

HD Korea Shipbuilding & Offshore Engineering, the intermediate holding company of HD Hyundai specialized in shipbuilding, announced on June 13

Singapore fuel oil stockpiles pile up for fourth straight week

13/06/2025

Onshore fuel oil stockpiles at key trading hub Singapore climbed for a fourth consecutive week as imports remained strong, data

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