Military threats to Israel-linked vessels

Yemen’s Houthis threaten to target merchant ships The Houthi rebel group in Yemen has launched a new phase of its maritime campaign, vowing to target any merchant vessel linked to countries or companies maintaining commercial ties with Israeli ports. Escalation of years-long Red Sea disruption threatenedBacked by Iran and controlling much of northern Yemen, the […]

Worldwide ammonia rollout continues apace

Successful bunkering demonstrations completed at nine locations The global rollout of ammonia as a marine fuel took a major step forward this week with the publication of new data showing that twelve ammonia bunkering demonstrations have now been successfully completed across nine international locations. These trials included both truck-to-ship and ship-to-ship transfers, all conducted without […]

Stable Markets Backed by U.S. Tariff Shift and Firm Fundamentals

Long-term outlook is promising Shipping markets held firm this week across the tanker, LPG, and PCTC segment, supported by solid fundamentals and constructive trade developments. Tanker demand boosted by US export increaseTanker rates remained steady this week, with Suezmax and Aframax segments maintaining solid earnings amid balanced supply and demand. Crude flows through key Atlantic […]