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MSC Baltic III bow section removed

Salvage crews have removed a large part of the bow section from the wreck of the containership MSC Baltic III in Newfoundland, Canada. The work is part of a major operation to dismantle and remove the vessel from the shore.

Tanker fleet pushed into new routes as Hormuz crisis reshapes trade

The tanker fleet is facing one of its biggest disruptions in years as the conflict around the Strait of Hormuz changes the way ships trade. Many owners are reluctant to send VLCCs through Hormuz.

Qatar’s LNG route through Hormuz shows first signs of a possible recovery

A Qatari LNG tanker has crossed the Strait of Hormuz for the first time since July, giving the market an early sign that LNG shipments from Qatar could start moving through the key waterway again.