Bahrain Circulates Revised UN Hormuz Draft
Bahrain has circulated a revised U.N. Security Council draft resolution on protecting commercial shipping in and around the Strait of Hormuz, retaining language authorising “all necessary means” but dropping an explicit reference to binding enforcement.Shipping through the waterway, through which roughly a fifth of global oil supplies pass and which underpins Gulf economies, has already slowed to a…
Iran War Reshapes Global LNG Trade
The U.S. and Israeli war against Iran has changed the global market for liquefied natural gas (LNG), providing a boost to producers outside the Middle East that will likely last long after the current conflict ends.One of the major beneficiaries is Australia, which last year slipped to the third-largest exporter of the super-chilled fuel behind the United States and Qatar.But the effective closure of the Strait of Hormuz has shut off Qatar's LNG exports…
Shale Oil Components Detected in Marine Fuels, says VPS
VPS has seen an increase in the levels of shale oil components in marine fuels bunkered recently in Singapore. Although we have received no reports of problems, from vessels using these fuels, we do recommend caution as detailed below:Over the course of February and March 2026, VPS testing identified 90,000mt of delivered VLSFO bunkers containing compounds consistent with an Estonian Shale Oil derived stream.
ASRY, stc Bahrain Launch Vehicle Fleet Management System
The Arab Shipbuilding and Repair Yard Company (ASRY) completed the implementation of its vehicle fleet management and tracking system, developed in partnership with stc Bahrain, a digital enabler in the Kingdom.This project, which forms part of a broader series of strategic initiatives between the two parties, aligns with ASRY’s ongoing efforts to enhance operational excellence and drive its digital…
NYK Bulkship Partners Sets Sail
A new integrated structure that combines maritime transport, ship owning, and ship management.With the aim of further strengthening the competitiveness of the NYK Group’s dry bulk business…