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New ICS Maritime Barometer Report reveals geopolitical instability as defining force shaping global shipping

The ICS Maritime Barometer Report 2025–2026, launches today by the International Chamber of Shipping (ICS) at the organisation’s Shaping the Future of Shipping Summit in Rome, reveals an industry adapting to an increasingly complex operating environment shaped by geopolitical instability, regulatory uncertainty, and economic volatility. The ICS Maritime Barometer surveys C-suite level leaders, shipowners, and …

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Sanctions update: June 2026

UK On 16 June 2026, at the annual G7 summit, the UK Prime Minister announced a new sanctions package against Russia. This included new sanctions directed at Russia’s shadow fleet, with 27 newly designated vessels that included 20 oil tankers. To date, the UK has sanctioned more than 600 shadow fleet and Russian LNG vessels. …

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Dorian LPG Ltd. Announces VLGC Newbuilding Contract, Forward Chartering Estimates and Memorandums of Agreement to Sell Three VLGCs

Dorian LPG Ltd. (NYSE: LPG) (“Dorian”), a leading owner and operator of modern very large gas carriers (“VLGCs”), today announced that it entered into an agreement with HD Hyundai to build one 90,000 cbm VLGC for delivery in July 2029 for a price of approximately $115 million. Dorian also has signed memorandums of agreement to …

Dorian LPG Ltd. Announces VLGC Newbuilding Contract, Forward Chartering Estimates and Memorandums of Agreement to Sell Three VLGCs Read More »

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