The dramatic escalation between Israel and Iran has sidelined the most significant disruption of global energy trade over the last year. Since mid-November 2023, the Houthi have launched dozens of attacks to commercial vessels, firing […]
The Suez Canal has seen a significant decrease in shipping traffic, Dryad Global noted in its latest Maritime Security Threat Advisory (MSTA). According to the MSTA, which was released this week, this traffic more than […]
Introduction Recently we have seen two instances where LNG tanker traffic was affected due to issues in the Panama Canal and the Red Sea. In the case of the Panama Canal, low water level in […]
State-run LNG giant QatarEnergy has signed a time charter and operation agreement with compatriot shipping firm Nakilat for nine 271,000-cbm LNG carriers. The nine QC-Max vessels constitute half of the 18 advanced QC-Max class LNG […]
Moving Russian oil through Europe has come under far greater scrutiny in recent weeks with the bloc widely expected to take further measures against the so-called shadow fleet when further European Union sanctions are unveiled […]
The Shahid Mahdavi vessel crossed the equator and entered the Southern Hemisphere on May 4, 2024, Dryad Global highlighted in its latest Maritime Security Threat Advisory (MSTA), which was published this week. Iran’s Islamic Revolution […]
Cargoes of an oil product from Russia are building up at sea as South Korean buyers turn cautious, highlighting how the invasion of Ukraine continues to impact flows more than two years after the war […]
To unwind the shadow fleet of tankers too quickly could cause a severe global economic shock, a new report has warned. The grey tanker fleet – as tracked by brokers BRS – has grown in […]
Japan’s shipping giant MOL expects its huge fleet of liquefied natural gas (LNG) carriers to increase to 104 vessels by March 31, 2025. MOL revealed this in its first quarter report released this week. This […]
UK-based International Group of P&I Clubs, a global insurance company, says a growing shadow fleet is making it less and less viable to police the G7 price cap on Russian oil, Bloomberg News reports, citing […]
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