Blog – Page 179 – Seaview Corporate

Shipping Interrupted: Tracking the Impact of Disruptions in the Strait of Hormuz

The Middle East conflict has delivered an immediate shock to the offshore market. Saudi Aramco, QatarEnergy, Kuwait Petroleum and ADNOC have all reduced, suspended or declared force majeure on production, with Gulf oil exports falling over 60% to around 9.7 million barrels per day for the week ending March 15. The closure of key offshore …

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Baltic Dry Index Up for 3rd Day, Still Posts Weekly Loss

The Baltic Exchange’s dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, was up for a third session on Friday, rising about 0.8% to 2,031 points. The capesize index, which typically transport 150,000-ton cargoes including iron ore and coal, also advanced for a third day, climbing 2% to its highest since …

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Tech: Trade’s Saviour In 2026?

The global trading system looks set to be defined by a tug-of-war between high-tech acceleration and geopolitical disruption through to 2027. According to the latest Global Trade Outlook and Statistics report released by the World Trade Organization (WTO), world trade is projected to slow in 2026 following a 2025 performance that defied many expert predictions. …

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COSCO ships turn back from Hormuz Strait despite Iran assurances

Two Chinese container ships reversed course after attempting to exit the Gulf via the Strait of Hormuz on Friday, according to ship-tracking data, even after Iran said Chinese vessels could pass through the waterway. The vessels, CSCL Indian Ocean and CSCL Arctic Ocean, both flagged in Hong Kong and operated by China’s COSCO, tried to …

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Sagitta Marine: “We are moving beyond routine volatility; operational resilience is a competitive advantage”

The dry-bulk market is currently navigating a period of profound structural disruption, driven primarily by the escalating conflict in the Middle East. Reviewing the data from Week 12, it is clear that we are moving beyond routine volatility into a regime where operational resilience is the ultimate competitive advantage. My analysis indicates two critical takeaways …

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FUJAIRAH DATA: Oil products stocks decline for third consecutive week

Oil products inventories at Fujairah in the UAE fell 2.8% in the week ended March 23, the third consecutive weekly decline, according to Fujairah Oil Industry Zone data published March 25. The inventories dropped to 14.021 million barrels, the lowest since September 2025, according to FOIZ data. Declines have slowed from a 12% drop in …

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Singapore’s fuel oil inventories increase 4% in March

Singapore’s residual fuel oil stocks have averaged 4% higher so far this month compared to February, according to the latest data from Enterprise Singapore. Changes in monthly average Singapore stocks from February to March (so far): Residual fuel oil stocks up 980,000 bbls to 24 million bbls Middle distillate stocks down 590,000 bbls to 7.88 …

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NORDEN Enters Ice-Class Segment With Long-Term Contract And Vessel Order

NORDEN has signed a Contract of Affreightment (COA) of up to 10 years with LKAB and ordered two ice-class multipurpose vessels, expanding its position in specialised specialised segments. NORDEN is expanding into the ice-class segment through a long-term COA with Swedish mining company LKAB and the order of two new vessels, supporting its strategy to …

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El Festival Art Explora arranca hoy en Barcelona con doce días de programación gratuita

Se trata del primer gran acontecimiento cultural que acoge el muelle Barcelona después de su apertura al público. Gratuito y abierto a todo el mundo, refleja el compromiso del Port de Barcelona de abrir sus espacios a la cultura, el encuentro y la participación ciudadana. Después de once escalas en el Mediterráneo, el Festival Art …

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Bidding Announcement of Drill ship “Tiger 3(S6032)”

Entrusted by the transferor (the Sellers), we have scheduled to hold a public bidding online without a reserved price from 10:00 to 10:30 (Beijing Time) on April 24th, 2026 1. Bidding Object: Name: Tiger 3(S6032), Drill ship; Original Classification: ABS; Class Notation: ABS ⊕ A1, Drillship, ⊕ AMS, Unrestricted Service, Circle P&E, BWE, HELIDK(SRF), UWILD, …

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