Gulf tensions rise over threat to shipping
Shipping travelling through the Strait of Hormuz is on high alert after a British warship confronted Iranian vessels blocking a…
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July 2019
British warship prevents Iranian attempt to ‘impede’ tanker
Latest: Iran’s Revolutionary Guard rejects claims it tried to stop British tanker, saying its patrol boats were merely carrying out…
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British tanker harassed in Strait of Hormuz
Iran has been threatening action against British vessels since Royal Marines boarded and seized Iranian tanker Grace 1 off Gibraltar…
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Wells Fargo to incorporate ‘Carbon Factor’ into scorecard
The move by Wells Fargo aligns with the Poseidon Principles laid out by shipping banks last month
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Demolition Market Needs to Pick Up for Rates’ Rise to Be Sustainable
A usual trend has been emerging of late in the demolition market, with more ship owners hesitating to sell their older carriers for demolition, after the recent rise in dry bulk rates. However, even before this, 2019 has been a lackluster year for ship…
Demolition Market Needs to Pick Up for Rates’ Rise to Be Sustainable Read More »