Iran Conflict Fuels 40% Bunker Cost Surge, Strains Strait of Hormuz
Iran conflict drives bunker costs up 40%, threatens 30% of global seaborne oil via Strait of Hormuz. Risk premiums surge, forcing route changes and higher operational expenses for shipping.
U.S. Navy Forges Shipyard Alliances with Korea and Japan for 2026 Defence Strategy
U.S. enhances shipyard alliances with South Korea and Japan under 2026 defence strategy to counter China’s 30% naval growth, boosting maritime jobs and tech.
BW LPG CEO Kristian Sorensen Sells 207,647 Shares at 167.25 NOK
BW LPG CEO Kristian Sorensen sold 207,647 shares at 167.25 NOK in March 2026 after exercising options, analysed for maritime insider transaction trends.
LR2 Tanker Freight Soars 101% to WS446, TCE Hits $120k Daily
LR2 tanker freight rates surge 101% to WS446, with TCE hitting $120k/day amid Middle East tensions. TC20 rates reach $8.51M, up $3.7M weekly.