News sources closely linked to Iran’s Islamic Revolutionary Guard Corps (IRGC) continue to make claims about controlling vessel transits of the Strait of Hormuz as they enforce “Iran’s maritime laws.” Reports are highlighting that Iran said it would begin its…
Russia is rerouting Kazakhstan's crude oil exports from the Baltic port of Ust-Luga to the Black Sea port of Novorossiysk, freeing up capacity for more Russian oil exports from the Baltic amid heightened Black Sea security risks, four sources said.Kazakhstan…
The United Kingdom Maritime Trade Operations said it received a report on Tuesday that a vessel was struck by an unknown projectile while transiting outbound in the Strait of Hormuz, causing engine room damage and a crew casualty.
Oman-based Asyad Shipping has taken delivery of Ain Sahlnoot, the first of two second-hand baby-Capesize dry bulk carriers acquired under an agreement finalised earlier this year. The second vessel, Ain Hamran, is scheduled for delivery the following week.
Increasing draft restrictions on the Panama Canal for Neopanamax vessels has seen carriers introduce surcharges varying from $100-$500 per teu
Yemen’s Iran-aligned Houthis attacked what they described as a Saudi military ship and four escort vessels in the Red Sea with missiles, according to the group’s military spokesperson Yahya Saree on social media on Monday.There was no immediate confirmation from…
