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The oil tanker the US seized near Venezuela was a unique test case for the Trump administration and could signal key considerations for future seizures, a pair of maritime experts said Dec. 19. The US’ seizure of the Skipper crude tanker on its way to Venezuela on Dec. 10 was unique, according to maritime lawyers ...

LNG shipping rates in full-year 2025 were at their historic lows, with those for TFDE carriers down 48% YoY and those for XDF/MEGI down 35% YoY, despite the picture changing unexpectedly, which saw rates surging over $100,000pd in October and November due to the advent of winter. The year started on a weak note: US–China ...

Clean LR2 MEG LR2’s softened modestly this week. The TC1 75kt MEG/Japan index came down from WS154.17 to WS149.72. This moved the corresponding TCE to around $36,500/day Baltic description round trip. A voyage west on TC20 90kt MEG/UK-Continent also ticked downward this week by $193,000 to $3.91 million. The TC15 80kt Mediterranean/East run remained almost ...

Capesize The market delivered a mixed but generally constructive week, characterised by strong early momentum, a midweek pause, and a steadier close. Overall sentiment remained cautiously positive, underpinned by firm demand across key basins, though resistance at higher levels became more apparent as the week progressed. The Pacific was consistently supported by regular miner activity, ...

Danish shipping company Maersk said on Friday that one of its vessels successfully navigated the Red Sea and Bab el-Mandeb Strait for the first time in nearly two years, as shipping companies consider returning to the key trading route. Maersk said that while it had no plans yet to fully reopen the route it was ...

Peter Sand, Xeneta Chief Analyst: Far East to Europe “Average departure delays on trades from Far East to Europe reached 12.5 days in the week ending 14 December 2025 – the second highest level in three years. This pushed many departures expected for last week into this week, which clearly has knock-on disruption for supply ...

A sanctioned tanker carrying some 300,000 barrels of naphtha from Russia entered Venezuelan waters late on Thursday, while three others also under sanctions either stopped navigation or began redirecting course in the Atlantic Ocean, ship tracking data showed, a sign of last-minute decisions by ship owners amid U.S. President Donald Trump’s “blockade” of all oil ...