Smaller tanker owners risk being pushed into dark fleet, investment firm warns
‘The rules of the game have changed’
Smaller tanker owners risk being pushed into dark fleet, investment firm warns Read More »
Iran’s new Persian Gulf Authority draws lines of control around Strait of Hormuz
Tehran claims to hold sway over a wide area from its own shores to UAE ports of Fujairah and Umm Al Quwain
Iran’s new Persian Gulf Authority draws lines of control around Strait of Hormuz Read More »
Ship Recycling Market Remains Subdued
The ship recycling market was still subdued during the past week. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that “the Indian market has softened this week, with sentiment under pressure due to the …
Ship Recycling Market Remains Subdued Read More »
Media Release “First dedicated STS standard for dry bulk released by INTERCARGO as operations increase”
Ship to ship (STS) transfers are an established part of dry bulk operations, and they are growing. As new trading areas and cargo flows emerge, STS operations are expanding into regions where port infrastructure or draft limitations make direct berth a…
Hormuz Becomes a Holding Queue: Iran’s Toll Regime, Bilateral Carve-Outs, and a Bifurcating Strait
At a Glance Iran is moving to formalize a state-administered transit-toll regime under the new Persian Gulf Strait Authority (PGSA), with reported per-transit payments of up to $2 million settled in Chinese yuan and Bitcoin transfers to IRGC-linked wal…