The closure of the Strait of Hormuz in February once again demonstrated how volatile global trade flows are—and not just for oil. The strait, which narrows to just 21 miles wide as it passes between Iran and Oman, normally carries a quarter of the worl…
How a handful of chokepoints came to dominate the world economy Read More »
Italian shipbuilder Fincantieri revised upwards its 2026 guidance for revenue, core profit and net profit on Monday after it signed large new contracts early this year which beat its full-year target.In the past year, the group has been focusing on def…
Fincantieri Beats Contract Targets, Revises 2026 Guidance Read More »
Disruption to oil exports via the Strait of Hormuz is threatening to delay the market’s return to normal until 2027, Saudi Aramco CEO Amin Nasser warned on Monday.”The longer the supply disruptions continue, even for another few more weeks,…
Oil Market Could Take Until 2027 to Recover After Hormuz Disruptions Read More »
German KG owner said 2025 was another successful year for its product carriers
Initial operations to be directed at European gas buyers with unmet financing needs
Awilco LNG adds to share offering as it gears up new trading arm Read More »