The number of tankers crossing the Strait of Hormuz fell to just one on Thursday, the lowest level since May 7, according to shiptracking data, amid ongoing shipping risks in the Middle East and as…
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A Greek tanker carrying Saudi crude exited the Red Sea with its transponder off, while another Chinese vessel and Russian cargoes headed toward the Bab el-Mandeb strait, after Houthi attacks…
CMA CGM will introduce new Freight All Kinds (FAK) rates and a Peak Season Surcharge (PSS) on shipments from the Mediterranean and North Africa to the Middle East Gulf and Red Sea, effective 1 August…
Singapore offshore vessel operator PACC Offshore Services Holdings has secured a long-term subsea diving services contract in the Arabian Gulf. The Kuok Maritime Group company will deploy the POSH…
The shipping crisis straddling the Strait of Hormuz and Red Sea entered a more dangerous phase on Friday as Washington weighed a major escalation against Iran, oil slicks spread towards two Gulf…
A view of oil-well in action during sunset at Elk Hills Oil Field as gas prices on the rise in California, United States on April 14, 2024 [Tayfun Coşkun/Anadolu Agency] "…
Shipping’s exposure to geopolitics intensified this week, with the industry confronting simultaneous threats in Hormuz and the Red Sea, renewed attacks on Black Sea trade and a tariff reset. The…
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