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What’s next for tanker stocks as Hormuz crisis drags on?
Lloyd’s List senior maritime reporter Greg Miller asks what happens next for tanker stocks, as disruptions at the Strait of Hormuz persist
Tanker stocks slide as Hormuz-driven rally shows cracks
Chinese tanker stocks tumbled as analysts debate whether the Hormuz-fuelled freight rally has peaked or if Monday’s sell-off was just a blip
Cargo war risk buyers receiving raw deal, insurers argue
Marine insurers are warning that Red Sea turmoil is exposing significant gaps in cargo war cover, prompting calls to modernise decades‑old policy wordings before they end up tested in court
Hapag-Lloyd maintains cautious outlook and expects slower sailing to ease capacity oversupply risks
Hapag-Lloyd said Middle East disruption remains a challenge, with four vessels still stranded in the region, while the company has reopened bookings to the upper Middle East Gulf using a landbridge via Oman and western Saudi Arabia
HMM flags risk of boxship glut again as weak rates bite
HMM sounded a second alarm on the oversupply of newbuildings that will likely push weak freight rates even lower
Torm secures MR tanker resales ahead of long queue for newbuilds
Torm chief executive Jacob Meldgaard stressed the company’s focus remains on shareholder value and long-term competitiveness, rather than simply increasing fleet size
Job cuts at Maersk’s green shipping centre a sign of the times, says CEO
The Maersk Mc-Kinney Moller Centre for Zero Carbon Shipping plans to cut about 30 full-time equivalent roles, saying it must refocus on shorter-term green energy projects
Hengli Heavy rides out sanctions scare to hit $20bn valuation
The world’s third-largest shipbuilder shrugs off sanctions shadow as separate corporate structure shields it from US measures targeting affiliated refinery
Vroon exits livestock shipping to focus on core offshore and tanker divisions
The Livestock Express fleet consists entirely of purpose-built vessels and is one of the few reputable operators in a sector noted for poor safety standards and animal welfare concerns
EU lines up another round of Russian shadow fleet sanctions
Momentum for tougher measures has grown following Hungary’s elections, as EU officials seek to overcome previous political blockages and respond to mounting pressure to curb Russian tanker movements through European waters
Skuld hails ‘second-strongest result’ in its history
Claims development back at ‘more normalised level’
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