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Finance

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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

Lloyd’s List Podcast Tankers and Gas

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

Strait of Hormuz crisis Tankers and Gas

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

Insurance Red Sea Risk

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

Containers Finance

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

Containers Finance
INTERVIEW

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

Tankers and Gas Sale and Purchase

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

Decarbonisation Consolidation

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

Sanctions Shipbuilding

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

Sustainability Tankers and Gas

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

Sanctions Tankers and Gas

Skuld hails ‘second-strongest result’ in its history

Claims development back at ‘more normalised level’

Insurance Marine
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