International Shipping News

Sanctioned Tankers Fake Their Positions Near the Bosphorus A cluster of seven sanctioned Russian tankers were found to have routinely and deliberately manipulated AIS over the past 90 days to falsely claim they were drifting off the Black Sea close to the Bosphorus entrance. The tankers were instead identified by Windward clandestinely sailing for the ...

Deep-sea shipping is an inherently hazardous enterprise and the many operational risks faced by vessels, cargo, and crew will likely never be eliminated entirely. Nevertheless, data can play a significant role in minimising the frequency and severity of incidents at sea. As the maritime threat landscape continues to evolve, so too must the quality of ...

Global ocean container shipping spot rates are forecast to fall 30% in 2027, according to the Xeneta Ocean Outlook Report unveiled today by Chief Analyst Peter Sand to more than 800 industry leaders from the world’s largest shippers and logistics service providers gathered at the annual Xeneta Summit in Munich. Xeneta – the leading neutral ...

Five oil tankers and a tugboat caught fire in the Strait of Hormuz, Iran’s Revolutionary Guards and army said in separate statements, according to local media on Thursday. Since the outbreak of the Iran war in late February, Tehran has severely restricted traffic through the strategic waterway, which normally carries about one-fifth of global oil ...

The IMO Council has decided to extend the mandate of Secretary-General Arsenio Dominguez for a second four-year term, from 1 January 2028 to 31 December 2031. Announcing the decision on 4 November during the Council’s 138th session in London, Council Chair Mr. Victor Jimenez (Spain) congratulated the Secretary-General on behalf of the IMO Council and ...

Fujairah’s LSMGO price stood around $430/mt above Singapore’s this week, up from around $250/mt at the start of September. Fujairah’s LSMGO monthly average reached around $1,720/mt in October, the highest since November 2021. The port’s premium over Singapore was around $460/mt on 19 October. Supplies of LSMGO and HSFO at the UAE port remain limited, ...

North America Bunker demand has been steady in Houston, a trader said. HSFO and LSMGO availability is normal, while a few suppliers have seen tight spots in VLSFO deliveries. Recommended lead times for HSFO and LSMGO are 5-7 days, and VLSFO can be supplied with around seven days’ notice. The US Gulf Coast has entered ...