Since the start of the Iran war and Tehran’s announcement that the Strait of Hormuz was “closed”, the market has grappled to put a figure on lost crude supply and to predict the price of oil.Initial calculations were simple: add up all non-Iranian Gulf…
Lost Gulf Oil Since Start of Iran War is Less Than Previously Thought Read More »
Venezuela’s government said on Friday that an oil spill originating from Trinidad and Tobago is putting fishing as well as the environment at risk.”This event exceeds in magnitude the one that occurred in May and confirms the drift of pollutants toward…
Venezuela: Trinidad and Tobago Oil Spill is Detrimental to Environment Read More »
BIMCO, the International Chamber of Shipping (ICS), INTERCARGO and INTERTANKO unanimously condemns recent attacks on seafarers and commercial shipping in and around the Strait of Hormuz. According to the International Maritime Organization (IMO)…
Shipping Industry Leaders Condemn Recent Attacks on Seafarers Read More »
Fincantieri delivered Mein Schiff Flow, the second of two next-generation InTUItion-class cruise ships built for TUI Cruises.Built at Fincantieri’s Monfalcone, Italy, yard, the 160,000gt vessel can accommodate around 4,000 passengers. It follows…
LNG-Fueled Cruise Vessel Mein Schiff Delivered Read More »
Asia-Europe pricing tops last year’s peak, but demand questions linger
Carriers seize on early peak season to push rates higher Read More »