How Middle East war could impact global LNG, LPG shipping

War in the Middle East changes the geopolitical calculus for ocean shipping, compounding existing threats from Russia’s invasion of Ukraine. Two of the top energy cargoes at risk in the Middle East are liquefied petroleum gas (LPG) — propane and butane — and liquefied natural gas (LNG).

What happens next in the Middle East will have major trade consequences for the U.S., the world’s largest exporter of both LNG and LPG.

Oystein Kalleklev is the CEO of LNG shipping company Flex LNG (NYSE: FLNG)...

https://www.freightwaves.com/news/how-middle-east-war-could-impact-global-lng-lpg-shipping

US Navy prevents Iranian forces from seizing two merchant ships in Gulf of Oman

US military forces have successfully prevented two attempted commercial tanker seizures by Iranian naval vessels after the Iranians had opened fire in one of two incident ..

The post US Navy prevents Iranian forces from seizing two merchant ships in Gulf of Oman appeared first on Baird Maritime.

https://www.bairdmaritime.com/ship-world/tanker-world/us-navy-prevents-iranian-forces-from-seizing-two-merchant-ships-in-gulf-of-oman/

Satellite Images Show Tankers Seized By Iran

Credits: Planet Labs PBC/AP

Two oil tankers recently seized by Iran are anchored off the coast of one of its key port cities on the strategic Strait of Hormuz, according to satellite photos analyzed by The Associated Press on Sunday.

Oil tankers seized

The photos from Planet Labs PBC showed the Advantage Sweet and the Niovi being just south of Bandar Abbas near a naval base in the port city in Iran’s Hormozgan province Saturday. Their capture represents just the latest ship seizure conducted by...

https://mfame.guru/satellite-images-show-tankers-seized-by-iran/