Month: June 2025
June 24, 2025
News
Increased Congestion in Persian Gulf Raises Risks of Ship Collisions
Shipping in the Persian Gulf is currently facing severe congestion due to a combination of GPS jamming and heightened regional…
June 24, 2025
Report
Ningbo Containerized Freight Index Update: Report from June 20, 2025
Ningbo Containerized Freight Index Report – June 20, 2025 The Ningbo Containerized Freight Index (NCFI), released by the Ningbo Shipping…
June 24, 2025
News
Tankers Navigate U-Turns and Zigzags Near Strait of Hormuz Amid Rising Tensions
At least two supertankers have made abrupt U-turns near the Strait of Hormuz following U.S. military actions against Iran. Ship…
June 24, 2025
News
Rising Shipping Costs: Increasing Volatility Poses Significant Risks for Shippers
The shipping industry has yet to recover from the cost volatility that emerged during the disruptions of the Covid period,…
June 24, 2025
News
Governments must enhance public trust through improved efficiency, citizen engagement, and better access to services.
Governments can enhance public trust by fostering meaningful citizen engagement, improving efficiency, and ensuring access to public services, as highlighted…
June 24, 2025
Report
OPEC Reports Varied Performance in Tanker Market for May 2023
OPEC reported a mixed performance in the tanker market during May. Spot rates for Very Large Crude Carriers (VLCCs) remained…
June 23, 2025
Iran
Citi projects oil prices could hit $75-$78/bbl amid potential disruptions to Iran’s 1.1 million bpd exports.
Citibank analysts have projected that, should hostilities between Iran and Israel escalate and disrupt 1.1 million barrels per day (bpd)…
June 23, 2025
News
Asian Spot LNG Prices Surge to Four-Month High Amid Supply Concerns
Asian spot liquefied natural gas (LNG) prices have surged to a four-month high this week, driven by fears of supply…
June 23, 2025
Report
India Initiates Comprehensive Maritime Strategy to Compete with Global Shipbuilding Leaders, According to Reports
India is gearing up to position itself as a major player in the global shipbuilding industry. As reported by Mint,…
June 23, 2025
News
Challenges Emerge for LNG Transit in the Middle East Due to Spoofed Vessel Signals
Recent tensions between Israel and Iran have led to spikes in oil, gas, and LNG prices, drawing significant attention from…