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MIDDLE EASTMiddleeastmonitor3h ago

The IRGC paradox: Why economic collapse in Tehran won’t buy peace in Hormuz

A view of the vessels passing through Strait of Hormuz following the two-week temporary ceasefire reached between the United States and Iran on the condition that the strait be reopened, seen in Oman…

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MIDDLE EASTContainer News3h ago

CMA CGM plans to increase Suez Canal transits

CMA CGM has reaffirmed plans to increase vessel transits through the Suez Canal, as the French shipping group continues to expand its use of the route. Suez Canal Authority (SCA) Chairman Admiral…

MIDDLE EASTAl Bawaba3h ago

Russia shipping weaponry to Iran through the Caspian

ALBAWABA - Russian shipments carrying various sorts of weaponry, drone making materials, and ballistic warheads, are all being shipped to Iran through the Caspian Sea which the two nations share...

MIDDLE EASTSplash2479h ago

VLCC market enters ‘stop the press’ territory

The VLCC market has gone into overdrive, with rates surging simultaneously east and west of Suez as Chinese crude buying, tightening tonnage lists and the Hormuz crisis combine to produce one of the…

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