East-West pipeline suspended as a ‘precautionary measure’ following drone attacks from Iraq
Saudi Arabia shuts down damaged key pipeline bypassing the Strait of Hormuz Read More »
Mayun Island puts rebels inside narrowest point of Bab el-Mandeb Strait
Houthis take control of island at the centre of a major shipping chokepoint Read More »
Yemeni group maintains previous threat level against Saudi vessels
Houthis pledge not to attack international shipping after Red Sea coastal land grab Read More »
With few ships willing to make the perilous journey, rates have surged
A $1m per day VLCC fixture? Clarksons tips seven-figure earnings out of Middle East Gulf Read More »
Melissanidis family company reinvests big capital gain to up its game in VLCCs and LR2 tankers
Greek owner Aegean ups tanker orderbook as it profitably flips aframax Read More »