Tanker Fleet Growth Accelerates, Supply Pressure Builds

EU approves a 22nd sanctions package against Russia, alongside updated UK listings and a US waiver affecting Russian diesel, with implications for maritime trade, compliance and shipping operations.

Anglo-Eastern supported CMB.TECH in developing Mineral Europa, the world’s first ammonia-powered dry bulk vessel, applying its operational expertise to advance ammonia fuel adoption in commercial shipping.

SSY has published its weekly technical analysis for 13 October 2026, offering market insights and chart-based assessments across key shipping sectors.

BRS’s October 2026 Dry Bulk Report highlights stronger Capesize-led freight markets, rising dry bulk orders, subdued scrapping, softer Chinese steel and soybean demand, resilient coal demand, and geopolitical disruptions affecting Red Sea and Hormuz shipping.

Drewry reports mixed maritime equity performance for the week ending 9 October 2026, with infrastructure indices broadly flat and bulk shipping stocks showing divergent trends against a stronger S&P 500.

Court rules that sanctions did not frustrate long-term bareboat charters, upholding contractual obligations and enforcing performance guarantees despite sanctions-related disruption.

England’s Court of Appeal has ruled that obtaining security for a maritime claim does not interrupt the Hague-Visby Rules’ time bar, underscoring the need to preserve underlying claims independently in Batavia Eximp v Pedregal Maritime.