Strait of Hormuz crisis
Malaysia forum floats transit levy for Strait of Malacca as funding debate resurfaces
Maritime conference in Kuala Lumpur has reignited the long-standing question of whether user states should contribute more to maintaining one of the world’s busiest shipping lanes
European diesel shortages to support US-Europe clean tanker freight rates
Rising arbitrage windows leave room for freight rates to grow as Europe contends with diesel shortages
West African crude exports remain below pre-crisis levels despite Hormuz disruption
Higher costs have been a key deterrent for buyers despite global supply constraints with the Middle East Gulf conflict showing no signs of slowing
SOMO denies links to sanctioned false flag tanker as scrutiny grows over spoofed Middle East Gulf voyages
Iraq’s state oil marketer has denied any link to sanctioned tanker Binary Star, after Lloyd’s List Intelligence analysis indicated the vessel was spoofing its position off Iraq while operating under a false Nicaragua flag
Bahri and Adnoc vessels added to Hormuz blacklist
Saudi and Emirati shipping continue to find themselves in Iranian crosshairs, as two seafarers have been confirmed as killed on a tanker attacked in the Strait of Hormuz earlier this week
Charterers lawyer up for Asia shipping contract disputes
Clyde & Co draws comparison between Strait of Hormuz crisis and 1956 Suez closure, which saw cases come to court many years later
Global tanker tonne-miles stay suppressed despite rise in Americas-Asia crude flows
Key Asian economies are re-evaluating crude-procurement strategies as the Hormuz crisis exposes supply chain vulnerabilities
Latest US strikes target Iranian mine capability and signal ‘tanker-for-tanker’ policy
US strikes on Iranian mine-laying assets and two reported government tankers have signalled a potentially significant escalation in maritime deterrence, as Washington appears to adopting a new ‘tanker-for-tanker’ response to attacks on shipping in the Strait of Hormuz
Baltic consultation shows little support for MEG index changes
The Baltic Exchange will stick to the status quo on Middle East Gulf freight benchmarks for the time being, after long-awaited consultation feedback highlighted concerns with its proposed changes
Security eclipses decarbonisation as shipping leaders warn net zero progress is stalling
Security has overtaken decarbonisation as shipping’s foremost concern at SMM Hamburg, but industry leaders warn that regulatory uncertainty surrounding the IMO’s Net-Zero Framework is already undermining investment in the energy transition
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