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Rising ownership concentration: What it means for the VLCC market

Sinokor Merchant Marine has swiftly established itself as a major operator in the VLCC segment, acquiring more than 50 second-hand vessels while also adding substantial tonnage through time-charter arrangements. The expansion has reportedly been financed through a $2.5–3 billion exit from its container shipping business, with proceeds strategically redeployed into the crude tanker market. The …

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Panamax Freight view – Indonesia Thermal Coal to India

This week’s focus highlights the softening trend in TSOP data flows for Indonesian thermal coal shipments to India, particularly within the Panamax vessel segment, toward the end of February. The deceleration in shipments coincided with adjustments to Indonesia’s reference coal pricing. The Indonesian Ministry of Energy and Mineral Resources (MEMR) lowered the mid-month Harga Batubara …

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The EU Maritime Services Ban That Didn’t Pass: Implications for Russian Trade

A Sanctions Escalation That Stalled The European Union’s proposed maritime services ban on Russia was expected to mark a structural escalation in sanctions enforcement. Instead, EU ministers failed to reach an agreement, delaying the adoption of the bloc’s 20th sanctions package after opposition led by Hungary, with at least one other member state also reported …

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India’s Maritime Investment Drive in Focus at SMM 2026

India is vigorously advancing the expansion of its maritime infrastructure. Ports, shipyards and logistics chains are being modernised, while investments in digitalisation and sustainable propulsion technologies are gaining momentum. This creates new market opportunities for international equipment manufacturers and technology providers. These developments will also be clearly visible at SMM 2026. During the recent Hamburg …

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U.S. Treasury Expands Pressure on Iran’s Shadow Fleet and Weapons Procurement Networks

OFAC sanctioned 12 shadow fleet vessels involved in transporting Iranian petroleum and petrochemicals. Multiple shipping companies and vessel owners were designated under Executive Order 13902. The designations reinforce the link between Iranian oil exports and weapons proliferation. Maritime intelligence and behavioral monitoring remain central to enforcement. Expanding Pressure on Iran’s Maritime and Weapons Networks On …

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Treasury Targets Iran’s Shadow Fleet, Networks Supplying Ballistic Missile and ACW Programs

This week, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned over 30 individuals, entities, and vessels enabling illicit Iranian petroleum sales and Iran’s ballistic missile and advanced conventional weapons (ACW) production, as part of Treasury’s ongoing campaign of maximum pressure on Iran.  Specifically, OFAC targeted additional vessels operating as part …

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ClassNK releases `FAQs on the EU-ETS for Shipping (3rd Edition’ and `FAQs on the FuelEU Maritime (5th Edition)’

ClassNK has released `FAQs on the EU-ETS for Shipping (3rd Edition)’ and `FAQs on the FuelEU Maritime (5th Edition) *1.’ These FAQs may be used by stakeholders in the maritime industry to support their understanding of environmental regulations and to consider possible responses. The EU Emissions Trading System (EU-ETS) was expanded to include the maritime …

ClassNK releases `FAQs on the EU-ETS for Shipping (3rd Edition’ and `FAQs on the FuelEU Maritime (5th Edition)’ Read More »

Surveyor – Inspector de Hidrocarburos

Surveyor – Inspector de Hidrocarburos Barcelona nestor.gale@corelab.com La entrada Surveyor – Inspector de Hidrocarburos se publicó primero en Actualidad Marítima y Portuaria.

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