Australia says relations with Israel 'difficult' after aid worker death
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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…
Oil supertankers in Gulf are renting for $500,000 per day: Report
Oil supertankers in Gulf are renting for $500,000 per day: Report Supertanker owners are getting paid $510,000 per day to bring crude oil from the Gulf to Asia, in a sign of high demand for vessels…
Traffic through Hormuz Strait shows no rise, data suggests
Traffic through Hormuz Strait shows no rise, data suggests Shipping traffic at the Strait of Hormuz did not rise, with a total of nine vessels transiting the strategic waterway on Wednesday -…
DP World modernize the port of Tartous
DP World has reached a significant milestone in its US$ 800 million investment programme at the Port of Tartous, completing the delivery of all three Mobile Harbour Cranes that are expected to…
CMA CGM eases Jeddah cargo restriction, but congestion still plagues the port
French container line CMA CGM has partly eased its suspension on handling Upper Gulf transit cargo via Saudi Arabia’s Jeddah Port, which has been hit hard by terminal congestion and inland…
Indian Seafarers Complain of Pressure to Transit Strait of Hormuz
The Forward Seamen's Union of India has raised concerns that some shipowners are pressuring seafarers to sail through the high-risk zone in the Strait...