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Confusion over the status of the Strait of Hormuz deepened over the weekend as the United States and Iran issued contradictory statements on whether the crucial energy chokepoint is open to commercial shipping. The uncertainty is creating a growing disconnect between political declarations and operational reality, with vessel movements remaining a fraction of normal levels …
https://splash247.com/washington-and-tehran-issue-conflicting-messages-on-hormuz-transits/
https://splash247.com/washington-and-tehran-issue-conflicting-messages-on-hormuz-transits/Venezuela’s seaborne crude exports have more than doubled this year, providing a fresh source of tanker demand and increasing South America’s importance in global oil trade flows. According to Signal Ocean data, Venezuelan crude liftings have risen for six consecutive months, climbing from around 620,000 barrels per day in January to approximately 1.5m barrels per …
https://splash247.com/venezuelan-crude-exports-more-than-double/
https://splash247.com/venezuelan-crude-exports-more-than-double/Asia Shipping Media, the Singapore-headquartered maritime media, events and intelligence company, has rebranded as Splash Maritime Group, reflecting the company’s evolution from a regional publishing business into a diversified global maritime information platform. Founded by Grant Rowles and Sam Chambers, the company has grown significantly since the launch of SinoShip magazine back in 2012. Today, …
https://splash247.com/asia-shipping-media-rebrands-as-splash-maritime-group/
https://splash247.com/asia-shipping-media-rebrands-as-splash-maritime-group/Capesize The market staged an impressive late-week recovery to finish on a significantly firmer footing, with improving sentiment driven primarily by renewed strength in the Pacific. Having come under pressure through the early part of the week, the market reversed course, with the BCI 182 5TC climbing sharply to close at $37,631, up from $36,756 ...
https://www.hellenicshippingnews.com/dry-bulk-shipping-capesizes-stage-strong-recovery/
https://www.hellenicshippingnews.com/dry-bulk-shipping-capesizes-stage-strong-recovery/The digitalization trend in offshore energy operations is hardly news, but the speed of technology evolution, driven by artificial intelligence with the companion threat of cyber breaches offers as many questions as answers, as many challenges as opportunities.
https://www.marinelink.com/news/abs-fortifies-digital-remote-support-540475
https://www.marinelink.com/news/abs-fortifies-digital-remote-support-540475Oil shipments through the Strait of Hormuz picked up on Friday after the United States and Iran signed a ceasefire deal, with Gulf producers preparing to raise exports despite concerns over conditions set by Tehran for using the vital waterway.Washington…
https://www.marinelink.com/news/oil-shipments-hormuz-pick-back-end-540490
https://www.marinelink.com/news/oil-shipments-hormuz-pick-back-end-540490Brent crude ticked slightly higher on Friday but was still on track for a more than 8% weekly decline after Israel and Hezbollah agreed to a ceasefire and tanker traffic through the Strait of Hormuz increased.Brent crude futures were up 20 cents, or 0.25%, at $80.05 a barrel by 10:55 a.m.
https://www.marinelink.com/news/brent-oil-remains-track-weekly-decline-540492
https://www.marinelink.com/news/brent-oil-remains-track-weekly-decline-540492The Baltic Exchange’s dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, was up for a second session on Friday, rising about 2.4% to its highest since June 12 at 2,722 points, underpinned by the larger vessel segment. The capesize index, which typically transports 150,000-ton cargoes including iron ore and coal, ...
https://www.hellenicshippingnews.com/baltic-dry-index-up-to-1-week-high/
https://www.hellenicshippingnews.com/baltic-dry-index-up-to-1-week-high/China’s iron ore imports so far in 2026 have been on the rise compared to last year. In its latest weekly report, shipbroker Banchero Costa said that “2025 was another positive year for global seaborne iron ore trade. In Jan-Dec 2025, global loadings of iron ore increased by +3.5% y-o-y to 1,732.0 mln tonnes, based ...
https://www.hellenicshippingnews.com/dry-bulk-market-chinas-iron-ore-demand-stronger-in-2026/
https://www.hellenicshippingnews.com/dry-bulk-market-chinas-iron-ore-demand-stronger-in-2026/A new engineering design and commercial advisory company focused on offshore wind, subsea transmission and marine infrastructure projects has launched in Ireland under the name of Insight Marine, targeting growing demand for specialist support…
https://www.marinelink.com/news/irish-consultancy-opens-doors-offshore-540484
https://www.marinelink.com/news/irish-consultancy-opens-doors-offshore-540484