The cost of winning: Genco Shipping lays out $17m spend on Diana proxy fight
Most recent Diana Shipping bid remains under board consideration
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August 2026
Hormuz Traffic Dwindles As US Threatens Economic Pressure
Transit through the Strait of Hormuz appeared to grind to a near standstill on Friday after two more ships were attacked there and the United States said it could maintain a naval blockade of Iran indefinitely.A senior Iranian source said on…
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Two Oil Slicks Appear in Gulf Following Oman Spill
Two slicks have appeared in Iranian waters, satellite imagery and video verified by Reuters show, as tit-for-tat attacks on oil tankers and other vessels by Iran and the United States spark concerns about environmental damage to the Gulf.A potential…
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Western Bulk Chartering falls to a loss as Strait of Hormuz closure hits bottom line
Bulker operator says profit will come in the second half
Western Bulk Chartering falls to a loss as Strait of Hormuz closure hits bottom line Read More »
Shell loses five-year legal fight as South Africa’s court sets aside Wild Coast exploration permit
UK-headquartered energy giant Shell has hit a dead end in its plans for oil and gas exploration off South Africa’s Wild Coast, after the Constitutional Court overturned a Supreme Court of Appeal (SCA) order that had kept the project alive, delivering a…