4+ hour, 11+ min ago  (302+ words) Meanwhile, resource-poor Japan implores the Saudis for more oil: File Image/Pixabay Oil prices continued their upward trajectory on Thursday, spurred'by the resignation of Iran's parliament speaker from the team involved with peace talks with the U. S. , and multiple reports that…...

1+ day, 13+ hour ago  (650+ words) With events in and around the Strait of Hormuz demanding the industry's attention, it is entirely understandable that many shipping companies are focused first on immediate operational, commercial and safety concerns. When geopolitical tensions rise in such a critical trading…...

1+ day, 23+ hour ago  (222+ words) A container ship has come under attack in the Strait of Hormuz, according to a British government agency monitoring maritime security in the region. The boxship was fired upon by Iranian forces about 15 nautical miles north-east of Oman at 3: 55 AM…...

3+ day, 22+ hour ago  (289+ words) Ben Mc Keith is the senior underwriter at London P&I Club. Image Credit: London P&I Club" Shipowners are being told to take a harder look at their war risk insurance as claims begin to show up well beyond…...

3+ week, 4+ day ago  (243+ words) Salalah terminal operations have been paused for 48 hours. Image Credit: Maersk Container shipping firm A. P Moller Maersk has temporarily suspended operations at the container terminal at Oman's Port of Salalah after an Iranian drone attack on Saturday. Operations at the…...

2+ week, 1+ day ago  (278+ words) Arsenio Dominguez is secretary-general of the IMO. Image Credit: IMO The head of the IMO has said ensuring safe transit through the Strait of Hormuz is now the priority following the US-Iran ceasefire, as efforts begin to stabilise shipping operations…...

1+ mon, 3+ week ago  (246+ words) The container line has directed ships in and heading towards the Gulf to move to designated safe shelter areas. Image Credit: MSC Container shipping company Mediterranean Shipping Company (MSC) has suspended all cargo bookings to the Middle East and ordered…...

1+ mon, 3+ week ago  (285+ words) Closing the strait to commercial shipping has been a longstanding threat from Iran. File Image / Pixabay Commercial ships operating in the Middle East are reportedly being warned the Strait of Hormuz has been closed following strikes on Iran on Saturday,…...

4+ mon, 3+ week ago  (486+ words) Former Bunker Holding CEO Keld Demant. Image Credit: Bunker Holding Bunker Holding and its subsidiary Dan-Bunkering have been reported to the Danish police over allegations related to alleged war crimes in Syria. The company announced the allegations in a Linked…...

5+ mon, 1+ week ago  (301+ words) A Houthi letter says their Red Sea campaign has ended, raising hopes of a full return of shipping through the route. Image Credit: SCA Yemen's Houthi movement has indicated a halt to attacks on commercial vessels in the Red Sea,…...