Markets
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Maritime News
Brent Jumps 2% After US Strikes in Iran Rattle Oil Markets
Brent crude futures rose more than 2% on Tuesday after the U.S. military carried out strikes in Iran, keeping markets…
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Marine World
U.S. Extends Russian Oil Waiver Through June as Oil Markets Tighten
The U.S. Treasury Department has extended its temporary sanctions wind-down authorization for Russian oil cargoes already at sea, issuing a…
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Port News
Tanker markets tip into oversupply with ballast surge
An extraordinary simultaneous build-up of ballast vessels across every major crude tanker segment has moved geopolitically driven disruption into a…
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Port News
Markets cheer truce, ships hesitate at chokepoint
Vessel tracking services show that last night’s news of the Middle East détente has yet to translate into a significant…
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Port News
Conflicting Hormuz claims leave shipping in limbo and markets swinging
Confusion reigns supreme on day 25 of the Hormuz shipping crisis, with president Donald Trump yesterday stating that the US…
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Maritime News
Trump Urges Foreign Ships to Resume Oil Deliveries to Asian Markets
As Brent prices briefly surged past $100 per barrel on Monday, President Donald Trump urged foreign-flag tanker crews to accept…
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Maritime News
ZIM Navigates Cooling Container Markets, Hapag-Lloyd Deal Looms
The container shipping sector continued its gradual normalization in 2025, and ZIM Integrated Shipping Services’ latest financial results offer a…
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Maritime News
Gulf Stock Markets Rise on Increasing Oil Prices
Most stock markets in the Gulf ended higher on Monday, helped by rising oil prices and positive market sentiment amid growing expectations…
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Maritime News
Inflation and Steel Prices Impact Ship Recycling Markets
“Inflation is on the rise again, plate prices are collapsing in the wrong places, all while the U.S. dollar continues…
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