A total of 17 commodity vessels transited the Strait of Hormuz on the weekend, down from 37 a week earlier, shipping data showed on Monday, as tension in the Persian Gulf persisted with the US and Iran in stalemate.Visible traffic…
A new shuttling system is reshaping the Middle East oil market, as producers seek to keep exports flowing despite the escalating regional conflict. The question now is whether this complex, expensive process is a stopgap measure or the global energy…
Water levels on the river Rhine in Germany have fallen again in the past week after dry weather, the country’s inland navigation agency said on Monday, increasing industry's costs for freight shipping.Lack of rain in the past week in river…
Trading house Trafigura said on Monday it had launched Volare Shipping, which would own and operate 14 supertankers, adding that it plans to sell shares in the business before listing it on the Norwegian stock exchange next month.Supply disruption resulting…
Strait of Hormuz tanker transits have increased in the last few days but many owners are opting for complex ship-to-ship transfers in the Gulf of Oman
A Texas-bound oil tanker was recently boarded by the FBI amid fears that the ship’s networks had been compromised by hackers. As ships and ports become increasingly dependent on connected technology, maritime cybersecurity is emerging as a critical defense against…
