“The attacks on Iran by the US and Israel have caused disruptions for ships transiting the Strait of Hormuz. Although this passage is less critical for the dry bulk sector than for the tanker market, the disruptions still impact around 4% of dry bulk c…
Strait of Hormuz Disruptions Impact Bulk Carriers Read More »
Subsea7 has secured a large variation order by Turkish Petroleum Offshore Technology Center AS (TP-OTC) relating to the Sakarya field development in the Black Sea, offshore Türkiye.The award represents an extension to the contract announced…
Subsea7 Extends Engagement on Türkiye’s Sakarya Field with New Deal Read More »
Euro zone government bonds edged higher on Wednesday as investors paused after a sharp selloff earlier this week driven by fears the Middle East war would fuel inflation.President Donald Trump had ordered the U.S. International Development Finance…
Euro Zone Bonds Stabilize as US Weighs Insurance for Gulf Shipping Read More »
Chinese shipping and logistics conglomerate COSCO Shipping’s container liner unit said on Wednesday it had suspended all new bookings for routes to and from ports in the Middle East region, including those in the United Arab Emirates and Saudi Arabia.T…
COSCO Shipping Halts New Bookings for Middle East Routes Read More »
A submarine attack on an Iranian ship off the coast of Sri Lanka has left at least 101 people missing, one dead and 78 injured, sources in Sri Lanka’s navy and defence ministry told Reuters on Wednesday.It was unclear who attacked the ship,…
Over 100 Missing After Submarine Attack on Iranian Ship off Sri Lanka Read More »