A novel project looks to validate the potential of kite sails for vessels as part of a towing operation to position a massive new FPSO during its trip...
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Tanker owners are eyeing the US Gulf Coast as renewed tensions at the Strait of Hormuz threaten to disrupt Persian Gulf crude flows, though tepid VLCC activity out of the region and stronger returns…
The tanker markets have returned to their “wartime pattern” of behavior, after the latest round of strikes in the Middle East. In its latest weekly report, shipbroker Intermodal said that “the MoU…
As armed clashes between the United States and Iran continue, scuttling end-of-war talks and prompting the United States to reimpose a counter-blockade of the Strait of Hormuz, global shipping…
TOP Ships Inc., an international owner and operator of modern, fuel-efficient “ECO” tanker vessels, announced today that it has elected not to exercise its option to acquire the portfolio of…
After the Strait of Hormuz, Iran's IRGC warns it could next target Bab al-Mandeb.
Prompted by the recent attacks on two ships transiting the Strait of Hormuz, which took place on July 14, in which an engineer was killed and nine wer...
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