The Qatar crisis has been called the worst in the Middle East since the Iraqi invasion of Kuwait in 1990. With the continuing standoff between the gas-rich kingdom and Saudi Arabia and its allies Bahrain, Egypt and the UAE, Lloyd’s List will provide industry-leading insight on how the turmoil has hit shipping.
LNG shipping outlook in graphs: Booming LNG trades support tanker demand despite rapid fleet growth
But Indonesian coal bookings may increase with Ramadan holidays over
Qatar slams Gulf states on the international stage demanding end to alleged convention violations
Spot voyage charters stable at $38,000 per day even as Qatar signs LNG deal with Shell
Tankers and LNG markets have navigated the initial aftermath of the Gulf crisis with limited impact, but uncertainty will remain until the situation is fully resolved
Several dry bulk long-term contracts terminated in the Middle East region
Government directive to ports is notable for mention of the word 'sanctions' against Qatar
Delivery indicates Egypt has not severed LNG imports from Qatar despite region's diplomatic crisis
Blockade also forces traders to divert LNG shipments on the water
Feeder vessel will be deployed to transit via Salalah
Everything from logistics supply chains to shipping services and banking transactions are being affected
Some ports, including Fujairah, extend ban to ships with planned or previous stops in a Qatar port
Hear the discussions of maritime experts from Drewry, Clyde & Co, Lloyd’s List and Lloyd’s List Intelligence over how the Gulf crisis affects shipping.
Desperate measure is designed to provide relief to ships barred from bunkering hubs like Fujairah
Maritime companies must increasingly get used to Middle East uncertainty
Crisis, what crisis? The two vessels had long lead times and could take the long route rather than pay canal toll, Lloyd's List is told
Transit over to Salalah is now open for all bookings though priority will be given to 'on water' cargo due to limited space.
A 'restraint of princes' clause may relieve carriers from liabilities for delays or damage to cargo, says lawyer
Ship operators stumble through confusing port circulars amid the trade blockade
Potential closure of sea routes raises fears about movement of Qatari vessels and cargoes
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