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KBRV Backs International Call For Protection Of Seafarers In The Persian Gulf

As a major maritime player, Belgium regularly has vessels operating in the Persian Gulf region. The Royal Belgian Shipowners’ Association (KBRV) is following the rapidly escalating situation in the Strait of Hormuz and the Persian Gulf with the utmost concern. The KBRV is in close and constant contact with its members and the Belgian authorities …

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VLCC Freight Rates Unexpectedly Surged During The Spring Festival, Further Validating The Upward Trend In Oil Shipping

During the Spring Festival, VLCC freight rates rose more than expected, and overseas oil shipping stocks continued their upward trend; the logic of restricted non-compliant markets for VLCCs and improved supply-demand dynamics in compliant markets continues to be validated. According to Zhitong Finance APP, Guosheng Securities issued a research report stating that according to Captain …

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