China’s military held joint sea and air patrols in the South China Sea on Saturday, a spokesperson for the People’s Liberation Army’s Southern Theater Command said.Spokesperson Tian Junli said in a statement on Sunday that the Philippines has courted c…
China Patrols South China Sea, Warns Philippines Read More »
Tanker owners are, once again, on edge, because of a renewal of tension between Israel and Iran. In its latest weekly report, shipbroker Gibson said that “tensions between Israel and Iran are nothing new, but they came to a head overnight. The situatio…
Tanker Market on Edge as Iran-Israel Conflict Intensifies Read More »
The Israeli strikes on Iranian nuclear and military facilities on Friday 13th June, followed by Iran’s retaliatory actions, have heightened fears of a broader regional conflict and potential disruption to maritime traffic through the Strait of Hormuz (…
Drewry: Oil transit through Strait of Hormuz unlikely to be disrupted by regional unrest Read More »
Capesize The Capesize market displayed a steady yet nuanced performance this week, starting on a subdued note due to European holidays but gaining traction as the days progressed. In the Pacific, the C5 West Australia to China route saw persistent acti…
Dry Bulk Market on the Rise Read More »
Vessels urged to be ready to navigate with other means amid Israeli-Iranian conflict
Strait of Hormuz remains open amid growing reports of electronic jamming Read More »