Iran Warns Crews of Tankers in Bahrain and Kuwait to Abandon Ship
The IRGC Navy says it will target tankers in Bahraini and Kuwaiti ports after US strikers on Iranian tankers
Industry News
Drone Strike Hits Tanker Hauling Iraqi Fuel Oil Amid Ongoing Attacks
A tanker carrying about two million barrels of Iraqi fuel oil was struck by a drone in Iraqi territorial waters on Wednesday, port officials said, and British Navy-affiliated UKMTO reported that several merchant vessels in the Persian Gulf had been…
U.S. Forces Destroy Drug-Runners’ “Floating Gas Station” Off Ecuador
On Tuesday, U.S. Southern Command carried out a coordinated strike to destroy a "floating refueling station" for drug-running boats in the Eastern Pacific. In an operational shift, Southcom tasked resources to physically interdict the vessel and remove the crew; in…
Suspected Drone Strike on Oil Tanker Leaves One Dead Off Dubai
A seafarer was killed in an incident involving the Gibraltar-flagged oil products tanker Hercules Star while at anchorage off Dubai, the vessel’s charterer Peninsula said on Wednesday.
OPINION | The Strait of Hormuz Guessing Game Is Keeping Crude Prices Elevated
How much oil is flowing through the Strait of Hormuz? Traders, energy executives and government officials are all trying to figure it out – but are reaching wildly different conclusions.
Sanctions-hit Arctic LNG 2 Demands $1B From South Korean Shipbuilder
Arctic LNG 2, a liquefied natural gas project led by Russia's Novatek, is seeking about $1 billion in damages from South Korean shipbuilder Hanwha Ocean over cancelled tanker construction contracts, according to a disclosure by Hanwha.Arctic LNG 2, which is…