Tanker asset values remain red hot as sale and purchase activity accelerates heading into August. Brokers are reporting renewed momentum in the tanker sale and purchase market, with deals emerging…
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By Florence Tan SINGAPORE, Aug 3 (Reuters) – Two tankers laden with Saudi oil crossed the Bab el-Mandeb strait over the weekend, while traffic in the Strait of Hormuz slowed following reports...
Cosco Shipping Lines and Orient Overseas Container Line (OOCL) have launched a new China–Jeddah (CJX) service, strengthening direct container shipping connections between China and Saudi Arabia,…
By Samia Nakhoul BEIRUT, Aug 3 (Reuters) - Iran is betting it can outlast Washington by turning the Middle East's trade routes, shipping lanes and energy infrastructure into pressure points that…
Merchant shipping remains exposed across the Middle East’s two principal maritime chokepoints, with fresh threats and explosions reported in the Strait of Hormuz even as Washington claims another…
A US Air Force KC-135R Stratotanker that lost the upper portion of its vertical stabilizer in a mid-air collision over… The post USAF ‘Franken-tanker’ KC-135 flies again with donor tail after Iraq…
Arkas Line and Turkon Line have expanded their jointly operated Turkey–Red Sea–India (TRI) service by introducing a new port call at Safaga, Egypt, further strengthening connectivity between the…
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