Shift in the way Military Sealift Command meets short-term shipping needs
US military assembles sealift charter armada with solicitation for five-year deals Read More »
Qatar will need to cool down 60 LNG carriers
Middle East conflict pushes LNG supply boom out to 2029-2030, Poten says Read More »
Physical crude oil cargoes are selling at steep discounts around the world, changing trade flows as markets come under pressure from fast-rising Middle Eastern supply with Iran set to boost sales following a temporary reprieve from U.S. sanctions.The d…
Physical Crude Cargoes Drop as Middle Eastern Supply Rises Read More »
Germany scrapped a landmark frigate programme on Wednesday following delays and expected cost overruns, sending shares in the country’s top defence firm Rheinmetall — which was tipped to win the contract — sharply lower.Plans to build six F126 frigates…
Germany Scraps Frigate Program, Rheinmetall Shares Plummet Read More »
Ships have begun sailing through the Strait of Hormuz under a new scheme by the U.N.’s shipping agency to evacuate vessels trapped there by the conflict, a spokesperson said on Wednesday.The initiative, which has taken months to conclude, will enable h…
Ships Begin Sailing Through Hormuz According to UN Evacuation Plan Read More »