Affinity Tanker Weekly, 6 November 2026
VLCCs have softened throughout the week as limited enquiry and increasingly competitive Suezmax alternatives have tempered owners’ Source: Affinity Research LLP
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VLCCs have softened throughout the week as limited enquiry and increasingly competitive Suezmax alternatives have tempered owners’ Source: Affinity Research LLP
Some of the world's biggest oil traders are asking Washington for permission to put sanctioned tankers back to work, as a global vessel shortage pushes oil transportation costs to extraordinary levels. Trafigura, Vitol, Mercuria and Abu Dhabi National Oil Co. are negotiating with U.S. officials for licenses to purchas…
India’s Adani Ports and Special Economic Zone (APSEZ) has agreed to acquire Netherlands-based liquid storage operator Evos B.V. in a €2.56 billion ($2.88 billion) deal that will give the company...
A European Parliament committee has voted to oppose the approval of two Indian ship recycling yards, dealing a setback to shipping industry efforts to expand access to South Asia’s shipbreaking...
Beijing has approved a law to improve China's Antarctic research and strengthen regulation of its exploration activities, the official Xinhua news agency reported on Friday.
German container shipping giant Hapag-Lloyd has completed its acquisition of a 25% stake in APM Terminals Maasvlakte II in Rotterdam, strengthening its ties with Maersk at one of Europe’s most...
Finland expects to operate at least as many icebreakers in the coming decades as it does today, despite rising temperatures and declining average ice coverage in the Baltic Sea. This is the conclusion of a new government-commissioned report that also highlights growing security requirements and changes in the commerci…
Iranian oil exports have dwindled to almost nothing under the US naval blockade, but the chance of an imminent deal between the two sides to end the war is low, according to FGE NexantECA.
Hindustan Petroleum Corporation Limited (HPCL), a major Indian state-owned refiner, is struggling to hire tankers to transit the Strait of Hormuz and pick up cargoes in the Gulf, chairman Vikas Kaushal has told Bloomberg. Despite the recovery of crude oil flows from the Gulf via Hormuz to nearly pre-war levels, buyers…
Uzbekistan’s airlines carried 6.9 million passengers in January–September 2026, up 1% year on year, while air cargo totalled 86,400 tonnes.
A decline in fuel use in China’s industrial sector has led to a 3.1% decline in carbon dioxide emissions in the third quarter of the year, the Finnish climate outlet Centre for Research on Energy and Clean Air has reported, as cited by Reuters. The lower emissions from the world’s largest generator of CO2 resulted fro…
Uzbekistan is automating excise tax reporting for oil and gas products, with a transition to proactive tax return preparation planned for 2027.
Uzbekistan’s Centrum Air and Poland’s A-Quatro have discussed charter cargo flights from China to Poland and multimodal freight delivery options.
Crude oil prices were on course for a sharp weekly drop, with both Brent crude and WTI shedding 12% since Monday, following the results of the U.S. midterm elections, which gave rise to hopes that the war in the Middle East could be brought to a swift end. At the time of writing, Brent crude was trading at $99.42 per …
Uzbekistan and US-based Wabtec have discussed railway infrastructure modernisation, local production, industrial cooperation and specialist training.
Kazakhstan has ratified an agreement with Uzbekistan to open customs offices in both countries and strengthen cooperation and information exchange.
Australia has completed its first green ammonia bunkering operation involving an ammonia-powered bulk carrier, marking another step toward bringing alternative fuels into commercial shipping. The operation took place earlier this...
Sanctioned Tankers Fake Their Positions Near the Bosphorus A cluster of seven sanctioned Russian tankers were found to have routinely and deliberately manipulated AIS over the past 90 days to falsely claim they were drifting off the Black Sea close to the Bosphorus entrance. The tankers were instead identified by Wind…
The Trump administration has approved a $1 billion offshore crude oil export project off the coast of Louisiana, clearing a major regulatory hurdle for a facility designed to load some...
US and Turkmen diplomats focused on expanding trans-Caspian connectivity and promoting energy export diversification during annual consultations in Ashgabat. Turkmen officials are signaling a strong desire to improve trade ties with both South Asia and the West, while maintaining the country’s long-standing status as …
Maritime experts warn that the westward spread of attacks between Russia and Ukraine, toward NATO coastlines, is now having commercial consequences.
The International Maritime Organization (IMO) Council has backed Secretary-General Arsenio Dominguez for a second four-year term, extending its support for his leadership despite the organization’s failure to adopt its landmark...
A.P. Moller-Maersk is pressing ahead with one of its largest containership ordering programs in years, confirming in its third-quarter earnings report that it has ordered 26 LNG dual-fuel vessels with...
What Buyers, Sellers and Investors Often Miss During Due DiligenceBy Sabrina Brigance, CMIP, Managing Director, Marine Practice, Hylant Maritime mergers and acquisitions can create significant opportunities for growth. Private equity...
A French maritime patrol aircraft deployed to Romania to bolster surveillance after a series of deadly strikes on merchant ships in the Black Sea on the edge of NATO's eastern flank will extend its stay by several weeks, its commander said on Thursday.
Uzbekistan is considering upgrading the Olot border crossing with Turkmenistan, including a new bridge and changes to freight transport procedures.
Cristiano Ronaldo has announced that November’s matches will be his last for Portugal, ending a 23-year international career with 234 appearances and 146 goals.
Customs officers at Tashkent International Airport uncovered attempts to smuggle undeclared jewellery weighing around 691 grams and valued at over 1 billion soums.