The United States issued fresh guidance on Monday to commercial vessels transiting the Strait of Hormuz, a key shipping lane for Middle East oil supplies, as tensions simmered between Washington and Tehran over Iran’s nuclear program.Iran has…
Iran Tensions Simer, US Warns Vessels Transiting Strait of Hormuz Read More »
Oil prices rose more than 1% on Monday after the U.S. Department of Transportation issued an advisory to U.S.-flagged vessels to stay as far as possible from Iranian territory while voyaging through the Strait of Hormuz and Gulf of Oman.Brent crude oil…
Oil Prices Rise After US Urges Caution for Vessels Traveling Near Iran Read More »
Bahri posted record financial results in 2025, underpinned by a strengthening crude tanker market and a larger, younger owned fleet that increased exposure to improving rate conditions.Full-year revenue reached $10.35 billion, up 9% year-on-year, while…
Bahri’s Tanker Fleet Growth Drives Record Results Read More »
MARAD issues advisory after Iranian forces approach US-flagged Stena Imperative
Washington warns US-flag ships to avoid Iranian waters Read More »
Recipe for growth includes push and pull of the ethanol trade and a lack of refineries, brokers say
Brazil’s tanker profile grows as crude output and diesel demand hit fresh highs Read More »