Inside a $17bn shipping fund’s view of the Middle East crisis
New York’s EnTrust Global sees the Iran conflict as the latest catalyst in six years of ‘shipping on steroids’
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Maritime News
Sanctioned ships dominate Strait of Hormuz tanker traffic
A trickle of ships with non-Iranian cargo is getting through the Strait of Hormuz
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Cruise Operators Face Higher Costs as Oil Prices Rise
Cruise operators face choppy waters as rising oil prices lift fuel costs, with analysts warning Carnival Corp could take the biggest hit to its 2026 profit as it is the only major U.S. cruise line that does not hedge fuel.Oil prices have risen…
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US rubber-stamps oil transportation restart from asset offshore California
Sable Offshore, a Texas-headquartered oil and gas company, has been given the thumbs-up to resume oil flow from its Santa Ynez Unit (SYU) and pipeline system off the coast of California to address supply disruption risks.
The post US rubber-stamps oil …
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Indian LPG Sales Trickle Due to Hormuz Shipping Disruptions
Indian state fuel retailers’ sale of liquefied petroleum gas (LPG) slowed in the first half of March, preliminary data showed, as the country reels from its worst LPG crisis in decades due to shipping disruption in the Strait of Hormuz.India buys about…
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