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…
Turkish marine survey specialist DenAr Ocean Engineering Services has been selected by the country’s Ministry of Energy and Natural Resources to carry out geophysical and geotechnical seabed investigations for Turkey’s first offshore wind development programme. The NCS-01 project covers two areas in the Sea of Marmara…
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.
Greek shipowner Vyron Vasileiadis has firmed up another two VLCCs at China’s Hengli Heavy Industries, doubling Venergy Maritime’s debut supertanker order to four vessels. The Piraeus-based company exercised the options attached to its October contract for two firm 306,000 dwt crude carriers, with all four vessels sche…
Evangelos Marinakis-backed Capital Tankers has secured a 15-month charter for one of its modern suezmaxes in a deal expected to generate between $73.1m and $82.2m in revenue. The Oslo-listed tanker owner said on Friday that its 155,348 dwt Amor has been fixed to an unnamed global energy company, with employment starti…
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.
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…
A former Brazilian ocean canoeing champion has taken recycling to a floating extreme, constructing a boat from 230 discarded plastic containers so he can collect even more rubbish from the sea. Marcos Arnhold spent two months building the unusual craft in Guaratuba, southern Brazil, using 125 two-litre plastic bottles…
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 …
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.
Two oil tankers and a tugboat caught fire in the Strait of Hormuz, Iran’s Islamic Revolutionary Guard Corps (IRGC) said on Thursday, as Iran continues to report a growing number of incidents with vessels trying to transit the Strait on routes unauthorized by the Islamic Republic. One of the oil tankers hit a naval min…
With regional security changing rapidly, Drewry’s Red Sea Diversion Tracker delivers timely intelligence to shippers, carriers, ports and other stakeholders on the evolving structure of carrier networks. This tracker page is updated fortnightly (every other Tuesday). Most Asia-Europe capacity now back via Suez During …
Uzbek customs officers found 613 nicotine pouches concealed beneath confectionery products in a Damas vehicle. Their estimated value is 65 million soums.
British energy major BP has raised about $1.06bn by selling part of its stake in Norwegian oil and gas producer Aker BP as it continues efforts to strengthen its balance sheet. The company sold 31.6m shares, representing around 5% of Aker BP’s total issued share capital, for NOK311 per share. The transaction generated…
The container shipping industry’s long detour around southern Africa is rapidly coming to an end, with Taiwan’s Evergreen preparing to send its first ships through the Suez Canal after almost three years of avoiding the Red Sea. According to liner consultancy Linerlytica, Evergreen will deploy the 16,556 teu Ever Eon …
A majority of European Union citizens are in favor of an accelerated transition away from oil and gas and into alternative energy sources and transport electrification, a survey conducted by the European Investment Bank has shown, as reported by Reuters, which got an exclusive look at the survey. According to the surv…
Uzbekistan plans to list shares in five companies, including Uzbekistan Airways and SQB, from the National Investment Fund’s portfolio in 2027–2028.
Maersk has raised its full-year earnings guidance for the third time this year, with the Danish shipping giant continuing to benefit from extraordinary freight rates, resilient cargo demand and widespread supply chain disruption. The Copenhagen-headquartered group now expects underlying EBITDA of between $14bn and $14…