Global shipbuilding orders fell to nearly half the level of a year ago during the January–May period, marking the lowest

Iran’s Supreme National Security Council must make the final decision on whether to close the Strait of Hormuz following U.S.

U.S. Secretary of State Marco Rubio on Sunday called on China to encourage Iran to not shut down the Strait

Clean

LR2
LR2’s in the MEG saw the inevitable spike this week. The TC1 75kt MEG/Japan index sailed up 91.95 points to WS211.39. A TC20 90kt MEG/UK-Continent trip also went from $3.56mill to $5.17mill.

West of Suez, Mediterranean/East LR2’s also ticked up

U.S. strikes on several Iranian nuclear sites represent a meaningful escalation of the Middle East conflict that could lead Tehran

QatarEnergy LNG remains at the “forefront” of rising vessel capacities (globally), ordering 24 new 271,000 cm (QC-max) vessels from China

Greenpeace said it had reviewed satellite imagery that showed a plume of oil stretching up to about 1,500 hectares from

On June 17, 2025, a naming ceremony was held for the liquefied CO2 carrier “NORTHERN PATHFINDER” (the Vessel) newly built