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Tankers & Gas

Stay informed with the latest news, analysis, and insight impacting the crude, LNG, and LPG sectors through our expert coverage

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How ‘imaginary’ Middle East VLCC rates are having real-world effects

Not long ago, it was considered a big deal when VLCC indexes hit six figures. Now, the indexes for hypothetical VLCC loadings inside the Strait of Hormuz are frequently whipping up and down by more than six figures in a single day

Tankers and Gas Strait of Hormuz crisis VLCC

Crude Tankers

Greek shipyard sector dares to dream again

The country’s top three yards are all full of ships for repair and have visions of greater things to come

Tankers and Gas Shipbuilding

UAE confirms second pipeline to bypass Strait of Hormuz

Adnoc has confirmed it will double its capacity to export crude oil via a second pipeline bypassing the Strait of Hormuz by next year, as it seeks to reduce reliance on the shipping chokepoint

Strait of Hormuz crisis Tankers and Gas
DATA ANALYSIS

Greek fleet adapts to conflict‑shaped routes and shifting global demand

Greek‑controlled tonnage expanded its reach in 2025, navigating conflict‑driven rerouteing and volatile Middle East conditions while capitalising on longer‑haul trades and emerging markets from Syria to Iran

Containers Dry Bulk
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Product Tankers
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Middle East port update: Friday, May 15

In UAE, Ruwais and Abu Dhabi petroleum ports are operational. Ruwais PPA (ISPS Level 2) and Abu Dhabi Ports (ISPS Level 1)

Strait of Hormuz crisis Tankers and Gas
INTERVIEW

Torm secures MR tanker resales ahead of long queue for newbuilds

Torm chief executive Jacob Meldgaard stressed the company’s focus remains on shareholder value and long-term competitiveness, rather than simply increasing fleet size

Tankers and Gas Sale and Purchase

Vroon exits livestock shipping to focus on core offshore and tanker divisions

The Livestock Express fleet consists entirely of purpose-built vessels and is one of the few reputable operators in a sector noted for poor safety standards and animal welfare concerns

Sustainability Tankers and Gas

Beijing confirms Chinese crew on vessel attacked near Strait of Hormuz

Chinese foreign ministry expresses ‘deep concern’ over stranded vessels as it confirms Chinese crew on attacked tanker

Strait of Hormuz crisis Tankers and Gas
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LPG

Shadow gas tankers steam to the fraudulent flag of Angola

Angola has emerged as a flag of choice for US-sanctioned gas carriers moving Iranian LPG, with at least 14 LPG tankers broadcasting via AIS their affiliation with the fraudulent registry this month. Most vessels are linked to networks in the orbits of Iranian oil and shipping magnates Seyed Assadolah Emamjomeh and Hossein Shamkhani

Sanctions Tankers and Gas

Two India-bound LPG carriers exit Hormuz as BRICS gathers in New Delhi

Crossings come as BRICS foreign ministers gather in New Delhi, with Iran calling on members to condemn US’ and Israel’s actions while calling out the UAE’s participation in the conflict

Strait of Hormuz crisis Tankers and Gas
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Middle East port update: Thursday, May 14

QatarEnergy has released a notice stating that all previously advised restrictions on AIS operation have been cancelled with immediate effect

Strait of Hormuz crisis Tankers and Gas

Firm LPG shipping costs to have lasting impacts on Asian importers

The Hormuz crisis is set to cast long-term impacts on Asian buyers with demand destruction touted as a possible outcome amid changing trade flows

Strait of Hormuz crisis LPG
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LNG

LNG carrier orders surge as shipowners rush to secure scarce shipyard slots

Shipowners are moving quickly to secure remaining 2029 construction slots at South Korean shipyards

Tankers and Gas Shipbuilding

LNG shipping rates still much higher than before Hormuz crisis

A common theme in shipping is that rates have fallen sharply from the panic-induced peak just after the war began, but two and a half months later, they’ve settled at a higher level than before the war. LNG shipping is a case in point

Tankers and Gas Strait of Hormuz crisis

HD KSOE secures $1bn in new LNG carrier orders

HD KSOE has now won orders for 16 LNG carriers in 2026 valued at a combined $4bn

Tankers and Gas Shipbuilding
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Middle East port update: Wednesday, May 13

All Automatic Identification Systems should now be switched on as normal for Ras Laffan Terminal, stated a notice from QatarEnergy

Strait of Hormuz crisis Tankers and Gas
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