A cargo of oil from the U.S. Strategic Petroleum Reserve headed to California this month for the first time ever, ship tracking service Kpler said.The unusual movement highlights the redrawing of trade flows and shipping routes as the Iran war has cut …
Oil From US Emergency Reserve Heads to California Read More »
Dubai-based GMS has won U.S. government approval to scrap four container ships that were under Iran-related sanctions, potentially paving the way for Washington to reduce the shadow fleet of such vessels, the leading ship recycler’s CEO said.Hundreds…
GMS Gets US Approval to Scrap Ships Hit with Sanctions Read More »
Anil Sharma calls for sanctioned shipowners to hand over a slice of sale proceeds in exchange for US recycling licences
GMS eyes tanker prize after green light for sanctioned ship scrapping Read More »
Seoul-based company is said to be paying about $125m each for the 306,000-dwt crude carriers.
HMM grows fleet with four Hengli VLCC newbuildings worth around $500m Read More »
No sanctions easing under consideration in talks with Iran, president says
Trump threatens to ‘blow up’ Oman if it joins Iran in Hormuz toll Read More »