Iran fires on two vessels as it tightens grip over the Strait of Hormuz
Several ships that previously thought the waterway was open have been forced back
Iran fires on two vessels as it tightens grip over the Strait of Hormuz Read More »
Several ships that previously thought the waterway was open have been forced back
Iran fires on two vessels as it tightens grip over the Strait of Hormuz Read More »
Crucial waterway returns to its ‘previous state’, say Iran’s armed forces
Iran shuts down Strait of Hormuz again, demanding end to US blockade Read More »
Celestyal Cruises ship exits Gulf after spending war bottled inside
Some ships make dash for Hormuz as Trump claims Iran ‘agreed to everything’ Read More »
Last month proved to be a record one for the tanker market. In its latest monthly report, OPEC said that in March, trade disruptions and moves to source alternative crude supplies pushed dirty tanker spot freight rates to record levels. On the West Afr…
Tanker Market Reached Record Levels in March Read More »
The ongoing uncertainty surrounding the Strait of Hormuz is impacting the Panamax dry bulk segment. According to recent media reports, a potential two-week extension to ceasefire discussions is under consideration, although this remains unconfirmed at …
Panamax Supply Outlook as Hormuz Faces Strain Read More »