Freight & Tankers
Tanker fleet expansion threatens record freight rates and vessel values
CERA forecasts 22.6% tanker capacity growth over four years, testing the support from disrupted trade and longer voyages.
Newsdesk2 min readAggregated
Section
Freight & Tankers
VLCCs, Aframaxes, chartering, rates and voyage economics.
Freight & Tankers
Tanker orders span VLCCs, LR2s and chemical carriers
Reported contracts at Chinese and Saudi yards were accompanied by second-hand tanker sales across several size classes.
Newsdesk1 min readAggregated
Freight & Tankers
Bangladesh leads firmer ship recycling market as vessel supply stays tight
Buyer competition supported Bangladesh recycling prices, while other major destinations faced limited vessel supply and uneven steel demand.
Newsdesk2 min readAggregated
Freight & Tankers
Tubarão export gains reshape Brazil’s Capesize freight outlook
Contrasting shipment trends and vessel requirements at Brazil’s iron ore terminals complicate the outlook for spot Capesize demand.
Newsdesk2 min readAggregated
Freight & Tankers
Hormuz crossings reach highest since July as VLCC traffic falls
Stronger bulk carrier and LNG movements supported October traffic through Hormuz despite persistent security threats, while Red Sea crossings also increased.
Newsdesk2 min readAggregated
Freight & Tankers
Large crude tankers draw buyers as older vessels dominate sale listings
Xclusiv data show stronger buying interest in larger crude carriers and younger vessels than the composition of advertised tanker supply suggests.
Newsdesk2 min readAggregated
Freight & Tankers
Alternative-fuel ship orders outstrip bunkering capacity, LR warns
Lloyd’s Register says ports should target investment at credible fuel demand as methanol and ammonia bunkering availability trails vessel orders.
Newsdesk2 min readAggregated
Freight & Tankers
Hanwha Philly names Hyuk Kim president as naval shipbuilding expands
The Philadelphia yard is pursuing US defence contracts alongside commercial construction as Hanwha reorganises its American shipbuilding business.
Newsdesk2 min readAggregated
Freight & Tankers
Tanker orders surge as shipbuilding prices forecast to stay firm into 2027
Banchero Costa expects busy shipyards to support tanker newbuilding prices, although additional Chinese capacity could constrain further increases.
Newsdesk2 min readAggregated
Freight & Tankers
Oman crude transfer trade tightens VLCC supply as China stocks decline
Gulf of Oman loadings offer cheaper freight to China than West African cargoes, but tanker relays are absorbing capacity.
Newsdesk2 min readAggregated
Freight & Tankers
Hormuz tanker attacks raise questions over ship emergency readiness
Record October attacks and an offshore oil leak in the UAE have sharpened concerns about merchant ships’ ability to withstand wartime damage.
Newsdesk2 min readAggregated
Freight & Tankers
World’s largest battery-electric ferry starts Argentina–Uruguay service
Buquebus’s China Zorrilla entered service after being redesigned from dual-fuel diesel and LNG propulsion to run entirely on batteries.
Newsdesk1 min readAggregated
Freight & Tankers
Ras Al Khaimah closes beaches as UAE tackles offshore tanker oil leak
The emirate announced an indefinite beach closure after an offshore spill prompted restrictions in neighbouring Umm Al Quwain and Sharjah.
Newsdesk1 min readAggregated
Freight & Tankers
MARAD training ship programme held up as model for US commercial shipbuilding
TOTE Services has delivered four of five training vessels under a construction management approach that conference speakers want to extend to commercial shipbuilding.
Newsdesk1 min readAggregated
Freight & Tankers
US tanker sanctions relief could raise Russian freight costs, ease Hormuz supply
Shipbrokers expect any US relief to shift existing tanker capacity towards Middle East trades, with vessel standards limiting mainstream uptake.
Newsdesk2 min readAggregated
Freight & Tankers
India leads ship recycling sentiment as vessel supply stays tight
Indian recycling sentiment strengthened while Pakistani buyers faced pressure from weaker steel demand and Iranian imports.
Newsdesk2 min readAggregated
Freight & Tankers
Ukraine discusses Black Sea grain shipping plan with Turkey, Egypt and India
Kyiv is seeking safe passage for food shipments and renewed EU export routes after attacks halted grain movements through its Black Sea ports.
Newsdesk1 min readAggregated
Freight & Tankers
LD Armateurs fits six rotor sails to Airbus transatlantic RoRo
Spirit of Toulouse will combine wind assistance with methanol-capable engines as Airbus replaces its transatlantic transport fleet.
Newsdesk2 min readAggregated
Freight & Tankers
Hormuz attack reporting gaps cloud shipping and crude transit picture
UKMTO says most targeted vessels are not reporting incidents directly, while US and UKMTO transit figures diverge.
Newsdesk2 min readAggregated
Freight & Tankers
Los Angeles port sets September cargo record as loaded imports rise 19%
Resilient consumer spending, inventory replenishment and changes to shipping routes helped drive the port’s busiest month and quarter.
Newsdesk2 min readAggregated
Freight & Tankers
ABS sets out safety and performance tests for maritime augmented reality
A new ABS advisory gives marine and offshore operators a framework for comparing augmented reality tools with existing working practices.
Newsdesk1 min readAggregated
Freight & Tankers
Tanker attacks threaten vessel supply and raise freight risks, Gibson warns
The shipbroker says repair delays and rising security risks could squeeze tanker availability and increase the delivered cost of oil.
Newsdesk1 min readAggregated
Freight & Tankers
VLCC spot earnings hit $805,000 a day as Gulf disruption stretches fleet
Clarksons Research reports record crude tanker earnings as ship-to-ship transfers and longer voyages increase vessel requirements.
Newsdesk2 min readAggregated
Freight & Tankers
Gulf tanker rates top $1.4 million a day as transfer delays squeeze fleet
Ship-to-ship transfers outside Hormuz are absorbing supertankers, pushing up freight costs on other crude routes and increasing demand for smaller vessels.
Newsdesk2 min readAggregated
Freight & Tankers
South Korea’s IOB takes on four ice-class LNG carriers, eyes Arc7 expansion
The Busan-based manager plans to expand its Arctic LNG fleet as sanctions leave specialised vessels struggling to secure employment.
Newsdesk2 min readAggregated
Freight & Tankers
Strong tanker earnings curb Q3 ship recycling supply despite higher bids
Recycling yards struggled to secure fresh tonnage in the third quarter of 2026 as trading and resale options kept ageing vessels commercially attractive.
Newsdesk2 min readAggregated
Freight & Tankers
US diesel export curbs could hit MR tanker demand, BRS warns
Potential restrictions would threaten Atlantic Basin cargo flows as reduced Russian and Middle Eastern supplies leave buyers with limited alternatives.
Newsdesk2 min readAggregated
Freight & Tankers
China’s seaborne soybean imports rise 4% in January-August 2026
Brazil supplied three-quarters of Chinese soybean arrivals, while Panamax vessels dominated the trade’s shipping requirements.
Newsdesk1 min readAggregated
Freight & Tankers
Canada commits C$1.2bn to marine safety as energy and port projects expand
The package will strengthen vessel monitoring, spill response and environmental protection ahead of expected growth in Canadian coastal shipping.
Newsdesk2 min readAggregated
Freight & Tankers
McAllister adds 84-tonne bollard-pull tug ahead of Port Everglades deployment
The US-built Mary McAllister will begin work in Baltimore before moving to its home port in Florida.
Newsdesk1 min readAggregated
Freight & Tankers
Saronic wins US Navy production award for 180-foot autonomous vessel
The Marauder contract follows eight days of sea trials under a Navy programme designed to accelerate procurement of autonomous vessels.
Newsdesk1 min readAggregated
Freight & Tankers
France drafts UN resolution on mission to restore Hormuz shipping
Paris is coordinating with Washington on a proposal to protect commercial passage while separating maritime security from wider tensions with Iran.
Newsdesk1 min readAggregated
Freight & Tankers
Black Sea port attacks squeeze grain trade as diesel costs climb
Disruption to Russian and Ukrainian exports is forcing grain buyers towards costlier supplies and alternative shipping routes.
Newsdesk2 min readAggregated
Freight & Tankers
Marine cargo insurance softens despite premiums rising to $24.2bn
IUMI says currency movements inflated premium growth in 2025 as additional capacity and competition weighed on marine cargo insurance rates.
Newsdesk2 min readAggregated
Freight & Tankers
Saudi crude rerouting could require 36-40 extra VLCCs as transfer hubs fill
Kpler analysis points to longer shuttle voyages as Gulf of Oman ship-to-ship capacity comes under pressure.
Newsdesk2 min readAggregated
Freight & Tankers
China’s US soybean bookings extend Gulf shipping programme into winter
State purchases underpin autumn and winter cargo schedules, while weak crushing margins limit private Chinese demand.
Newsdesk2 min readAggregated
Freight & Tankers
Seafarer welfare gains mask wider gaps in crewing and mental-health support
A five-year review finds progress among participating ship operators but persistent welfare shortcomings in surveys of seafarers.
Newsdesk2 min readAggregated
Freight & Tankers
Caribbean Basin oil exports rise 45%, lifting dirty tanker demand
Venezuela and Guyana are driving additional cargo volumes, although shorter voyages have limited the increase in tonne-mile demand.
Newsdesk2 min readAggregated
Freight & Tankers
Sea Leopard fetches $135m as tanker sale activity stays firm
Xclusiv reported tanker transactions across major size classes, alongside dry bulk sales spanning Newcastlemax to Handysize vessels.
Newsdesk1 min readAggregated
Freight & Tankers
Murmansk to use fertiliser loading equipment for first grain exports
Russia’s Arctic port is adapting rail-to-ship handling systems as Black Sea disruption forces grain exporters to seek alternative routes.
Newsdesk1 min readAggregated
Freight & Tankers
Alkagesta chief urges closer trader-shipping alignment on freight costs
Orkhan Rustamov argues in The Motor Ship that agility, diversified supply chains and scenario planning should underpin the industry's response to rising transport costs.
Newsdesk1 min readPress release
Freight & Tankers
Alkagesta flags Hormuz tanker disruption and Rhine barge restrictions
Alkagesta’s September outlook identifies maritime disruption in the Middle East and low Rhine water levels as threats to fuel access.
Newsdesk1 min readPress release
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