Strait of Hormuz update: VLGCs ballasting from Gulf of Oman; Asian petchem receives a serious blow

Drewry AIS showcases several VLGCs that reached or were idling in the Gulf of Oman have altered course towards the USGC as buyers scramble to procure alternative cargoes for the disrupted Middle Eastern LPG supplies. A series of force majeures in the Asian petchem sector are creating serious concerns for the petchem industry and shipping …

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When the strait closes: How tanker charterers navigate the Hormuz crisis

Tanker chartering professionals are no strangers to volatility. Rate spikes, laycans slipping, last-minute compliance checks,  that is just the backdrop of a normal week. But the crisis that erupted on February 28, 2026 is a different category of disruption altogether. The effective closure of the Strait of Hormuz – one of the world’s most critical …

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Liberian Registry to Introduce Electronic Seafarer Documents

The Liberian Registry, the world’s largest ship registry, will soon introduce electronic seafarer documents as part of its commitment to digital innovation and compliance. In doing so, the benefits of these efforts extend across the entire maritime industry, supporting all stakeholders as we navigate the complexities of the current global operating environment. For Shipowners, enhanced …

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