Plummets
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Maritime News
Strait of Hormuz Traffic Plummets After Renewed Iranian Blockade Threats
Iran has once again closed the Strait of Hormuz, this time in response to Israeli attacks in Lebanon, and tracking…
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Marine World
China’s Shipbuilding Market Share Plummets as U.S. Port Fees Loom
Chinese shipyards have seen their global market share drop dramatically from 72% to 52% in the first half of 2025,…
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Marine World
Red Sea Shipping Crisis: Oil Flows Through Bab el-Mandeb Plummets By Over Half in 2024
The flow of crude oil and oil products through the strategic Bab el-Mandeb Strait has plummeted by over 50% in…
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Maritime News
Bunkering at UAE’s Fujairah Plummets in May
Ship fuelling activity in Fujairah in the United Arab Emirates, a bunkering and fuel storage hub in the Middle East,…
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Marine World
Oil Plummets With Economic Jitters Surging Through Markets
The rally that’s brought West Texas Intermediate crude from negative territory to the high $30-a-barrel range this month due to…
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Maritime News
Oil Plummets, But the Iron Ore Trade Carries On
[By David Uren] The continued strength of the iron ore price is surprising, given the collapse of oil, which traders…
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Maritime News
While Oil Prices Plummets, Tanker Rates Fly High
If one ever needed proof that, no matter how dire the situation, there is always a silver lining, look no…
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Marine World
China Bunker Demand Plummets as Freight Trade Slows
The epidemic, which has killed almost 3,000 people and infected about 80,000 in China alone, triggered the sharpest contraction on…
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Maritime News
China’s Bunker Fuel Demand Plummets
China’s marine fuels sales fell by as much as 50% in February as the rapidly spreading coronavirus and prolonged Lunar…
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