Sunday

29-06-2025 Vol 19

Month: June 2025

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…

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…

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…

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,…

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…

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…

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)…

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…

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,…

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…