Iranian tycoon’s bank hit by US sanctions over Strait of Hormuz tolls
BitBank accused of transferring transit ‘insurance scheme’ tolls to Iranian regime
Iranian tycoon’s bank hit by US sanctions over Strait of Hormuz tolls Read More »
September 2026
Mercuria moves for four tankers as suezmax term rates surge higher
Ships can now command up to $125,000 per day for one-year charters
Mercuria moves for four tankers as suezmax term rates surge higher Read More »
Joakim Hannisdahl: Long-term shipping bets are off the menu in volatile markets
Gersemi Shipping Fund sticking to short-term trades after challenging August
Joakim Hannisdahl: Long-term shipping bets are off the menu in volatile markets Read More »
Legal showdown underway as Cotemar moves to freeze almost $60M in American Bureau of Shipping subsidiary’s assets
The long-running financial standoff between Mexico’s offshore specialist Cotemar and ABSG Consulting, a subsidiary of American Bureau of Shipping (ABS), has intensified, with the former now turning to the New York State Supreme Court to restrict the U….
How the US is shielding ships from Iranian missiles in the Strait of Hormuz
Senior US naval officer said security for shipping was improving as Iran struck another tanker in the region
How the US is shielding ships from Iranian missiles in the Strait of Hormuz Read More »