Norwegian Cruise Line cut its annual profit forecast on Monday, as the cruise operator battles surging fuel costs linked to the war in the Middle East and tepid demand for its sea voyages, sending its shares down 7% in morning trading.Global oil prices…
Norwegian Cruise Slashes Profit Forecast as Fuel Costs Continue to Rise Read More »
The U.S. military said two U.S. Navy guided-missile destroyers had entered the Gulf to break an Iranian blockade and that two U.S. merchant ships had transited the Strait of Hormuz, after Iran said it had prevented a U.S. warship entering the Gulf.U.S.
Two US Missile Destroyers Enter Gulf, Two American Ships Crossed Hormuz Read More »
The United Arab Emirates on Monday accused Iran of attacking an empty crude oil tanker belonging to the Abu Dhabi state oil firm ADNOC with drones as it attempted to pass through the Strait of Hormuz.ADNOC’s maritime energy logistics unit said…
UAE Accuses Iran of Attacking Empty Oil Tanker in Strait of Hormuz Read More »
Phillips 66 reports Texas-to-California voyage that would typically require US-built ship
Fuel giant employs Pacific Carriers tanker for Jones Act waiver voyage Read More »
Tension rises and traffic fails to visibly increase as US starts attempt to free ships trapped in the Middle East
Vessels hit in attacks on UAE as US-led ship exodus struggles to gain traction Read More »