Spot premiums for US crude grades are expected to continue rising as Asian refiners ramp up WTI Midland crude imports to bridge the gap caused by reduced Middle Eastern cargo deliveries, making US suppliers and producers clear winners in the latest Persian Gulf...

As it approaches a month since war broke out between the United States and Israel and Iran, the order books of Korea’s shipbuilders show no signs of being hit. Some even said contracts are being concluded faster than before, unlike in the past when shipowners tended...

The US has called on the IMO to “end consideration” of the Net-Zero Framework and not resume the Marine Environment Protection Committee’s Extraordinary Session 2 (MEPC ES 2). The MEPC ES 2 session was adjourned in October 2025 for 12 months. Its possible resumption...