Port congestion is doing container shipping an enormous favour, absorbing 2.3m teu of vessel capacity at precisely the moment the industry is preparing for a potentially brutal release of tonnage…
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FESCo has redirected its FESCo Turkey Black Sea Service (FTBS) to St. Petersburg following the sinking of its vessel Yanina in a Ukrainian drone attack. The carrier no longer serves Novorossiysk as a…
The fragile lull in the Strait of Hormuz has shattered, with the US and Iran exchanging fire for the first time in more than a month just as a fresh series of attacks on merchant shipping threatens…
Iran has prevented 30 ships from making unauthorised crossings through the Strait of Hormuz since 22nd August, saying it has full control over maritime traffic in the area. The Mehr news agency…
Vessel caught on fire after it hit naval mines, IRGC navy says Iran's Islamic Revolutionary Guard Corps (IRGC) said that an oil tanker caught fire near the Strait of Hormuz after it hit two naval…
Hormuz Strait traffic drops to five vessels crossing per day over weekend The number of commodity vessels transiting the Strait of Hormuz dropped to five per day over the weekend, shipping data…
By Florence Tan SINGAPORE, Aug 31 (Reuters) – The number of visible commodity vessels transiting the Strait of Hormuz dropped to five per day over the weekend,shipping data showed on Monday, as…
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