‘Historic shift’: Trump officials unveil $20bn war-risk reinsurance scheme for Gulf traffic
Government agency to provide reinsurance for hull and machinery and cargo cover
Capesize spot earnings plunge 24% in three days as Middle East war props up bunker costs
Charterers were still paying more for large bulker tonnage
Capesize spot earnings plunge 24% in three days as Middle East war props up bunker costs Read More »
Southern California ports and Singapore gear up to renew green corridor partnership
Original three-year deal is set to expire in April
Southern California ports and Singapore gear up to renew green corridor partnership Read More »
US-led coalition warns of ‘credible’ sabotage threat for stationary vessels in the Gulf
Officials investigate potential attack on Sonangol tanker
US-led coalition warns of ‘credible’ sabotage threat for stationary vessels in the Gulf Read More »
Four more Dynacom vessels brave Hormuz to enter Gulf as flotilla of waiting empty tankers grows
Gallagher says war-risks insurance is available, at a higher costs, for vessels that want to enter or exit the Gulf