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