World.
European drought snarls inland commodity flows, cuts power supplies
Rhine, Danube river levels hit record lows in key chokepoints Inland markets face squeeze on fuel, chemicals, metals and grains Power plants reduce output due to cooling water limitations Record temperatures in Europe have left its two busiest waterways – the Rhine and the Danube – at critical lows, shutting down key trade arteries and power plants stymied by cooling water…
Oil producers buy tankers directly to navigate blocked routes
Oil-producing countries that have frequently experienced blockages in major Middle Eastern shipping routes, such as the Strait of Hormuz and the Red Sea due to wars, are increasingly purchasing oil…
New LNG Carrier for CNOOC Group Named “GREENERGY RIVER”
On August 4, HUAJING LNG TRANSPORT PTE. LTD. (HLT), a joint venture company in which NYK participates, held a naming ceremony for a new liquefied natural gas (LNG) carrier for the CNOOC…
Lloyd’s Register launches industry-first framework for digital 3D model approval
New Guidance Notes give shipyards and designers a practical route to use intelligent 3D models during class approval Lloyd’s Register (LR) has published what it believes is the maritime industry’s…
European drought snarls inland commodity flows, cuts power supplies
Rhine, Danube river levels hit record lows in key chokepoints Inland markets face squeeze on fuel, chemicals, metals and grains Power plants reduce output due to cooling water limitations……
Oil producers buy tankers directly to navigate blocked routes
Oil-producing countries that have frequently experienced blockages in major Middle Eastern shipping routes, such as the Strait of Hormuz and the Red Sea due to wars, are increasingly purchasing oil…
New LNG Carrier for CNOOC Group Named “GREENERGY RIVER”
On August 4, HUAJING LNG TRANSPORT PTE. LTD. (HLT), a joint venture company in which NYK participates, held a naming ceremony for a new liquefied natural gas (LNG) carrier for the CNOOC…
Lloyd’s Register launches industry-first framework for digital 3D model approval
New Guidance Notes give shipyards and designers a practical route to use intelligent 3D models during class approval Lloyd’s Register (LR) has published what it believes is the maritime industry’s…
[xclusiv] S&P Report 10th August 2026
Please find below the [xclusiv] latest Weekly S&P Report, along with following opening market commentary [xclusiv] 2026_08_10 Market Commentary: The dry bulk freight market delivered a…
Panama strengthens its global standing as ship registry earns ISO 9001:2015 recertification
In an industry where confidence is built on consistency, transparency, and operational performance, Panama has once again reinforced its position among the world’s leading maritime registries. The…
UK P&I Club appoints Ms. Jeong-Sook Kim as Senior Underwriting Director
The UK P&I Club has announced the appointment of Ms. Jeong-Sook Kim as Senior Underwriting Director, with initial responsibility for the Korean market. Based in the Clubs London office, Ms. Kim…
Nordic American Tankers announced sale of two Suezmax tankers and contracting of two newbuildings
NAT has entered into firm agreements to sell two suezmax tankers (2004 and 2005-built) at a net price of $50 million for both vessels, improving our cash position correspondingly. The vessels are…
DHT Holdings announces agreement to acquire a 2018 built VLCC
DHT Holdings announces that it has entered into an agreement to acquire a VLCC built in 2018 at Hyundai Heavy Industries (HHI), for $107 million. The vessel is scheduled to deliver towards the end…
OpenGate Capital to acquire Maersk Training, the Global Safety Training and Gas-Safety Services Business of Maersk
OpenGate Capital, a global private equity firm, announced today that it has signed a definitive agreement to acquire Maersk Training and its subsidiary Maersk H2S Safety Services. The company, a…
Route avoidance is no longer enough: The Houthis strike a Saudi tanker off Yanbu
The Houthi campaign has moved beyond the assumption that geographic distance provides protection. NCC WAFA was struck off Yanbu on August 5 on a purely domestic Saudi coastal run from Yanbu to…
Dark Tanker transits dominate Hormuz since 14 July
Since the renewed naval blockade of the Strait of Hormuz took effect on 14 July, 102 tanker transits have been recorded. Nearly two-thirds (62%) crossed with AIS switched off, while 38% continued…
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