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H2 OUTLOOK: Shipping bottlenecks, uncertainty to impact Middle East chemical trade
Petrochemical supply flows from the Middle East over the second half of the year are contingent on shipping bottlenecks, many of which will depend on how the conflict between the US and Iran develops. But, market participants said, it’s unlikely there will be swift return to prewar trade flow levels for most chemicals originating in…
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1H 2026 Shipping Market Trends & Highlights
The first half of 2026 was defined by the closure of the Strait of Hormuz following US-Israeli military operations against Iran in late February. The disruption rippled across shipping markets: asset values recovered strongly across most segments, ordering activity rebounded across several sectors, and Chinese shipyards further consolidated their dominance. Our 2026 Mid-Year Shipping Market…
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The International Gas Union Calls for the Preservation of a Key Production Pathway for Renewable Maritime Fuels
To scale bio-LNG bunkering to its full potential, it is essential that any legislative or regulatory measures support principles, such as the liquefaction by equivalence, as this is one of the most effective ways to connect biomethane production with maritime demand at scale. Bio-LNG’s momentum has been supported by both market preference for practical drop-in…
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Baltic Dry Index Up for 4th Day
The Baltic Exchange’s dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, was up for the fourth session on Tuesday, rising about 0.7% to a new high since June 5 at 2,980 points, driven by gains across all vessel segments. The capesize index, which typically transports 150,000-ton cargoes including iron ore…
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Traffic via Strait of Hormuz falls to 11 ships July 12 after US-Iran attacks
Only 11 ships traversed the Strait of Hormuz on July 12, the lowest since June 14, after attacks hit the container ship GFS Galaxy and the US and Iran made retaliatory strikes, S&P Global Commodities at Sea(opens in a new tab) said in a July 13 report. The total included one LNG tanker, one general…
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SAAM Towage avanza en navegación sostenible con certificación internacional de ruido submarino en Canadá
Lloyd’s Register acreditó que el remolcador CDG opera con menor impacto acústico, contribuyendo a la protección del ecosistema marino. SAAM Towage obtuvo la certificación internacional “Underwater Radiated Noise” (Ruido Radiado Submarino) para su remolcador eléctrico CDG, que opera en Canadá. El reconocimiento otorgado por Lloyd’s Register valida el cumplimiento de exigentes estándares para reducir el…
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El canal de Panamá reduce de nuevo el calado máximo autorizado por los efectos de El Niño
La Autoridad del Canal de Panamá (ACP) ha anunciado una nueva reducción del calado máximo autorizado para los buques que utilicen las esclusas neopanamax, por los efectos previstos a causa del fenómeno El Niño que reducirá las precipitaciones en la cuenca del Canal. Según un aviso a las navieras de la ACP, la medida…
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Halliburton helping breathe life into TotalEnergies’ oil project worth up to $12.2B
U.S.-headquartered oilfield services player Halliburton has been hired on an assignment to assist in developing a giant deepwater oil project in Block 58 off the coast of Suriname, which is operated by France’s energy giant TotalEnergies. The post Halliburton helping breathe life into TotalEnergies’ oil project worth up to $12.2B appeared first on Offshore Energy.
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Trasmed convierte su ruta Valencia-Ibiza en un observatorio privilegiado para disfrutar del eclipse solar del 12 de agosto junto a la Universitat de València
La naviera española y el Departamento de Astronomía y Astrofísica de la Universitat de València impulsan una experiencia única de observación astronómica en alta mar integrada en la línea regular Valencia-lbiza Trasmed, la naviera española del Grupo Grimaldi, y el Departamento de Astronomía y Astrofísica de la Universitat de València han firmado un convenio de…
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EU’s Arctic LNG appetite hits new high with €5.96 billion bill for 136 Russian cargoes in H1 2026
The European Union (EU) has become the primary destination of Russia’s Arctic liquefied natural gas (LNG) exports by turning into a backbone of the Russian LNG business in the first six months of 2026, dishing out billions of euros to assuage its LNG cravings with nearly all shipments from Yamal coming to EU ports, based…