Shipping News
Lack of Tankers Forces Iraq to Start Shutting In Oil Production
High risks for transits of the Strait of Hormuz have severely limited the number of empty tankers in the Arabian Gulf, and Iraq ha...
Read More >>Belgium Fines Sanctioned Tanker €10M and Detains it for Safety Violations
Belgium announced during a press briefing on Tuesday, March 3, that it has completed its inspection of the tanker Ethera, which it...
Read More >>Zim Supports Emergency Transport to Repatriate Israelis
Israel has organized a number of emergency transport efforts to aid Israelis caught overseas as the war with Iran began. Included...
Read More >>Traders Weigh Iran's Internal Politics to Figure Out Which Bets to Place
Oil and gas traders, as well as ship charterers, are faced with an open question as the impact of the crisis in the Gulf region de...
Read More >>VLCC Rates Hit New Sky-High Record: $424,000 Per Day
Rates for VLCCs were already high before the U.S.-Israeli strike on Iran last weekend, but three days after hostilities began, cha...
Read More >>France Arrests Greenpeace Protestors Blocking Arrival of Cargo Ship
Activists from the group Greenpeace France took to kayaks and Zodiacs on Monday morning, March 2, while others chained themselves...
Read More >>Iran Threatens to Set Ships "On Fire" in Strait of Hormuz
Iran's senior leadership has announced a full shutdown of the Strait of Hormuz and threatened to "set on fire" any vessels passing...
Read More >>U.S.-Flagged Stena Tanker Hit by Iranian Missiles During Attack on Bahrain
A tanker supplying fuel to the U.S. military was damaged early on Monday morning, March 2, as Iran continued its retaliatory strik...
Read More >>Container Lines Adjust to New Risks in Strait of Hormuz and Red Sea
Following the exchange of attacks between Iran, its neighbors and American forces in the Mideast, ocean carriers are proceeding wi...
Read More >>What Would Closure of the Strait of Hormuz Mean for Shipping?
[By Sarah Schiffling] The reported sinking of several Iranian warships by US missiles in the Gulf of Oman serves as a reminder of...
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