In a new review of federal records and port call data, Bloomberg discovered that at least a dozen foreign-flag tankers have engaged in U.S. coastwise trade without registering their activity with the Maritime Administration, as required for using the Trump…
Examining the growing shuttle tanker trade through the Strait of Hormuz and ship-to-ship transfers in the Gulf of Oman
The Omani Maritime Security Center confirmed on Tuesday, September 15, that it has undertaken a search and rescue effort for the crew of a Panama-flagged product tanker, while saying that two seafarers are missing.
Participants in the tanker industry are no strangers to market cycles combined with extreme volatility. However, even seasoned veterans are looking at current developments in the market and scratching their heads. What is happening is truly unprecedented.
Over the weekend, U.S. and Iranian forces continued to trade tit-for-tat maritime strikes on each others' shipping interests, though at smaller scale. This time, U.S.
Two of the commercial ships hijacked by Somali pirates were recently freed, while four other small tankers remain under the control of the pirates.
