China’s shipbuilding dominance shows no signs of slowing, but the proliferation of new yards and swelling orderbooks are raising questions about delivery risks

Bab el Mandeb vessel traffic is down by almost a quarter as Houthi blockade reshapes Red Sea shipping

Satellite imagery shows oil coming from the vessel, which is currently aground off the Al Hallaniyat islands south of Oman

India continues to strengthen its competitive position through improved regulatory compliance, while demand has picked up in Bangladesh and Pakistan. By contrast, Türkiye’s Aliaga market remains subdued

Iran and Oman are edging towards an agreement on future shipping routes through the Strait of Hormuz, but a fresh wave of attacks and warnings of continued Iranian influence over vessel movements are tempering hopes of a swift return to normality

The Yemeni faction claimed to have ‘successfully’ targeted Bahri-controlled NCC Wafa off Yanbu

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

Greek owner shows faith in tanker markets with $1.35bn worth of new constructions, despite concerns about overordering

Reserve includes around $40m for London market specialty exposure, with the rest for reinsurance losses

In Kuwait, Shuaiba and Shuwaikh port, ISPS Level 2

Greek owner shows faith in tanker markets with $1.35bn worth of new constructions, despite concerns about overordering

In Saudi Arabia, there are presently no alerts or warnings issued by the local port authorities

Following a Swedish court ruling that a vessel could be transferred to Ukraine after it was suspected of transporting ‘stolen’ grain, one lawyer says shadow fleet operators may think twice about which flag registries they use

An unusual Atlantic decline signals that the Hormuz blockade is losing its grip on LNG carrier earnings as weak fundamentals take over