Thursday

26-06-2025 Vol 19

shippingandr

US Airstrike on Iran Sparks Fears of Disruptions in the Strait of Hormuz

Concerns have emerged regarding the potential disruption of shipping in the Strait of Hormuz following the recent U.S. attack on…

Urgent Alert: 100 Days Remaining for EU ETS Compliance as Columbia Group Advises Ship Owners

With only 100 days until the September 30 deadline for surrendering carbon allowances under the EU Emissions Trading System (EU…

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…