Iraq’s state oil marketer SOMO has identified several tankers suspected of loading petroleum products illegally from the ports of Umm Qasr and Khor al-Zubair, according to an official letter dated Sunday and seen by Reuters.The tankers allegedly…
Iraq Identifies Tankers Spoofing to Conceal Their Location Read More »
The tanker market exhibited mixed performance during the previous month, OPEC said in its latest monthly report for June. Dirty tanker spot freight rates continued to see mixed movements in June. VLCC rates were volatile over the month due to geopoliti…
Tanker Market Showed Mixed Movements in June Read More »
Hapag-Lloyd and Maersk had set out to substantially improve vessel schedule reliability with the new Gemini Cooperation network, which started in February. Six months on, are shippers benefiting from the punctuality improvements they were promised? Whe…
Gemini raises schedule reliability despite congested ports Read More »
The ongoing Iran–Israel conflict and the volatile situation in the Red Sea and Strait of Hormuz have intensified scrutiny of maritime risk zones. While the industry addresses insurance implications and routing strategies, a less discussed but critical …
Yemen’s Iran-aligned Houthis said on Monday they had rescued 10 seafarers from the Greek-operated cargo ship Eternity C which they attacked and sank in the Red Sea earlier this month.The Liberia-flagged Eternity C was the second ship to sink…
Houthis Hold 10 Crew From Attacked Eternity C Vessel Read More »