{"id":351242,"date":"2026-03-21T19:23:25","date_gmt":"2026-03-21T19:23:25","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/351242\/"},"modified":"2026-03-21T19:23:25","modified_gmt":"2026-03-21T19:23:25","slug":"splash-wrap-the-largest-supply-disruption-in-the-history-of-the-global-oil-market","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/351242\/","title":{"rendered":"Splash Wrap: \u2018The largest supply disruption in the history of the global oil market\u2019"},"content":{"rendered":"<p>The International Energy Agency has called it \u201cthe largest supply disruption in the history of the global oil market\u201d\u2014 and 20 days into the <a href=\"https:\/\/splash247.com\/qatar-lng-damage-yanbu-strikes-and-hormuz-toll-threats-deepen-shipping-crisis\/\" rel=\"nofollow noopener\" target=\"_blank\">war between Iran and the US-Israeli coalition<\/a>, the numbers bear that with massive crude and gas production shutdowns sending bunker prices and VLCC rates to record levels, and more than 20 merchant vessels struck by missiles, drones, or unknown projectiles.\u00a0<\/p>\n<p>Months of market speculation were laid to rest this week with confirmation Gianluigi Aponte\u2019s <a href=\"https:\/\/splash247.com\/mscs-hidden-hand-behind-sinokors-vlcc-blitz-finally-confirmed\/\" rel=\"nofollow noopener\" target=\"_blank\">Mediterranean Shipping Company (MSC) is formally behind Sinokor Maritime\u2019s stunning raid on the VLCC tanker market<\/a>, with regulators in Greece and Cyprus publishing notifications confirming MSC will acquire joint control of the South Korean operator. More than one in four compliant VLCCs are now controlled by Ga-Hyun Chung-led Sinokor, according to analysis by Norwegian broker Fearnleys, following the Korean company\u2019s dramatic supertanker raid in the S&amp;P and charter markets over the past few months.<\/p>\n<p>Mitsui OSK Lines (MOL), Japan\u2019s largest shipowner, saw its share price leap 11% on Wednesday to a record high after the <a href=\"https:\/\/splash247.com\/american-activist-investor-targets-mol\/\" rel=\"nofollow noopener\" target=\"_blank\">American activist investor Elliott Investment Management <\/a>disclosed a significant stake in Tokyo firm.<\/p>\n<p><a href=\"https:\/\/splash247.com\/panamas-president-hits-back-at-hutchison-over-arbitration-lies\/\" rel=\"nofollow noopener\" target=\"_blank\">Panamanian president Jos\u00e9 Ra\u00fal Mulino accused CK Hutchison subsidiary Panama Ports Company yesterday of lying<\/a> over the country\u2019s handling of arbitration proceedings, deepening a bitter dispute that has stripped the Hong Kong conglomerate of its long-held grip on two of the canal\u2019s most strategic terminals<\/p>\n<p>Thierry Zois, partner and CEO at Stanley Group, which oversees the up-and-coming <a href=\"https:\/\/splash247.com\/luxembourg-maritime-administration-the-boutique-flag\/\" rel=\"nofollow noopener\" target=\"_blank\">shipping registry of landlocked Luxembourg<\/a>, was this week\u2019s big Maritime CEO interview.<\/p>\n<p>Among the standout Contributions appearing on Splash this week, Anil Kumar Korupoju, a senior surveyor at the Indian Register of Shipping, stood out for this piece entitled \u2018<a href=\"https:\/\/splash247.com\/most-maritime-ai-failures-will-be-data-failures-not-algorithmic\/\" rel=\"nofollow noopener\" target=\"_blank\">Most maritime AI failures will be data failures, not algorithmic<\/a>\u2019.<\/p>\n<p>Every week, Splash seeks opinions on how AI is changing the business of shipping. This week\u2019s Splash Wrap podcast, carried below, gives three differing points of view.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"The International Energy Agency has called it \u201cthe largest supply disruption in the history of the global oil&hellip;\n","protected":false},"author":2,"featured_media":351243,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[114,184,85,46],"class_list":["post-351242","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-il","tag-israel"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/351242","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=351242"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/351242\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/351243"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=351242"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=351242"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=351242"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}