Op-Ed: What America Must Change to Make Korean Shipbuilding Matter
[By Dr. Marcus Jones] For the first time in decades, the United States is being forced to think seriously about naval shipbuilding as an allied industrial problem.
The Maritime Executive
Difficult Times for Iran’s Sanctions-Evading Oil Brokers
With the naval blockade preventing any Iranian tankers leaving the Gulf, for the last 10 weeks Iran has been selling oil from the stocks it had built up for just such a contingency which are being held afloat primarily off…
Poten: Sky-High Tanker Rates Are Driving Refiners’ Oil Buying Decisions
A review of Poten's Daily Market Report, which monitors spot freight rates on many of the key tanker trade routes, shows eyewatering numbers. Across the board, tanker rates have reached levels never seen before (see Chart 1, below).
Iran Keeps Up Pace of Strikes With Attack on Brand New LR2 Tanker
On Sunday, Iran hit another tanker in the Strait of Hormuz, extending a fast-paced run of attacks on the "shuttle" shipping trade between Gulf oil producers and the STS transfer zone in the Gulf of Oman. Vanguard Tech has identified…
Tanker Reports Attack South of Bab el-Mandeb
The Royal Navy's UK Maritime Trade Operations center (UKMTO) has reported an attempted attack on a tanker at a position south of Mokha, Yemen, the latest in a string of strikes widely attributed to Yemen's Houthi rebel group.
India to Get Its First Port-Based E-Methanol Production Facility
India is making further progress in positioning itself as a global leader in the export of alternative fuels in shipping. Ports Minister Sarbananda Sonowal and Gujarat Chief Minister Bhupendra Patel recently participated in laying the foundation for an e-methanol plant…