Union Maritime Orders Nine Bulker and Tanker Newbuildings
UK shipping company Union Maritime (UML) has ordered nine newbuildings across Newcastlemax and handysize bulk carriers as well as tankers for chemicals and petroleum products.
tanker
Tankers Go Dark in Strait of Hormuz, Visible Traffic Falls by More Than Half
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…
Trafigura Doubles Down on Tanker Ownership With New Subsidiary
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…
Sky-high Rates Lure Tanker Owners Into Gulf of Oman STS Transfers
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
Two Crew Injured in Hormuz Tanker Attack
As the US claims growing numbers of commercial transits of the Strait of Hormuz and another tanker has been attacked in the waterway
Iran Exploits Attack on Small Product Tanker to Assert Hormuz Control
The Islamic Revolutionary Guard Corps Navy continues its campaign of attacking vessels and exploiting the incidents to assert that it has total control over the Strait of Hormuz.