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GLOBAL5h ago

COSCO plots $1.1bn Tianjin mega yard

COSCO Shipping Heavy Industry is moving ahead with plans for an RMB8bn ($1.1bn) shipbuilding base in Tianjin featuring two VLCC-scale drydocks, adding another significant block of capacity to China’s…

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SAUDISplash2474h ago

Houthis keep up pressure on Saudi shipping

Tuesday saw Yemen’s Houthis target a fourth Saudi-linked tanker since declaring a blockade of the kingdom’s ports, maintaining pressure on the Red Sea oil route despite a partial recovery in traffic…

MIDDLE EASTSplash2474h ago

US-Iran attacks resume

Iran and the United States have resumed attacks, ending a lull and injecting fresh uncertainty into shipping through the Strait of Hormuz. US Central Command said Iran launched multiple ballistic…

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