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DRONE attacks on the UAE’s port of Fujairah have deterred tankers from lifting Murban crude oil as loading volumes at the port plummet. Vortexa data shows a sharp decline in …
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THE recent designation of the Strait of Hormuz and surrounding waters as a Warlike Operations Area will impose new operational and legal risks on shipowners, operators and charterers sending tonnage …
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AN LPG carrier was targeted while at anchor off Fujairah, in the Gulf of Oman on Monday night, causing minor damage to the vessel. Security firm Vanguard said that the …
AN LPG carrier was targeted while at anchor off Fujairah, in the Gulf of Oman on Monday night, causing minor damage to the vessel. Security firm Vanguard said that the …
THE world grows desperate for energy supplies. America’s military steps in to protect ships transiting the Strait of Hormuz. Tanker owners seeking astronomical rates join convoys as military escorts shoot …
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GREEK operator Dynacom has sent another tanker eastbound through the Strait of Hormuz, laden with Saudi crude oil, with its Automatic Identification System switched off. The Liberian-flagged, 149,998 dwt Smyrni …
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THE latest Hormuz transits by China-linked vessels appear confined to shipping’s opaque fringes, as mainstream state-owned fleets reroute crude carriers to the Red Sea port of Yanbu. Lloyd’s List Intelligence …
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THE vast majority of vessels stuck in the Middle East Gulf because of the threats of Iranian attack are not moving and suggestions of ships slipping out of the Hormuz …
VESSELS owned by the governments of India and Pakistan have successfully transited the Strait of Hormuz in recent days, although traffic is still dominated by Iranian-linked tonnage. The India-flagged LPG …
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AS the conflict in the Middle East continues, the full effects on global shipping markets are starting to become clearer. This week’s episode of the Lloyd’s List Podcast once again …
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ATTACKS on ships in and around the Strait of Hormuz appears to be random and calibrated towards disruption rather than targeting specific profiles and national affiliation. Lloyd’s List’s review of …
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SEAFARERS on vessels entered with Steamship Mutual are entitled to round-the-clock counselling and crisis support, the club has emphasised. The marine mutual is seeking to highlight the offer in light …
THE global pandemic revealed to the general public just how fragile global supply chains really are. A breakdown at one point in the chain can have rapid, cascading effects globally. …
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OPERATIONS at the Omani port of Salalah remain suspended following strikes earlier this week which engulfed the port in flames. Airspace across most Middle East Gulf countries is reopening on …
THE global oil market is facing its biggest disruption to supply in its history, the International Energy Agency said in its latest report. The conflict in the Middle East has …
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CHUBB will be the lead underwriter on the US maritime reinsurance programme for Middle East Gulf shipping announced last week. The US International Development Finance Corporation said Chubb will also …
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THREE days into the Middle East conflict there was a private conversation between shipowners with vessels trapped inside the gulf. Naval escorts were clearly not going to happen quickly, but …
THE US has issued a temporary sanctions waiver on Russian seaborne crude and petroleum products in an effort to limit the economic fallout from the ongoing US‑Israel conflict with Iran. …
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THERE are a lot of hypotheticals on how the Strait of Hormuz crisis will play out for shipping, and there is a very clear fallout effect that has already occurred: …
What marine mutuals pay for. And what they don't. ‘As many clubs rely on investment gains to offset underwriting losses, a prolonged downturn could negatively affect their bottom line,’ said …
The ship changed course, heading to an area off the UAE, north of Dubai. The 46,350 dwt product tanker Celeste I ( IMO: 9250488 ), for example, was sailing through …
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COLLECTING data to meet emissions regulations is good for business, two guests from 90POE tell listeners to this latest Lloyd’s List Intelligence podcast. Dhara Patel, Head of Product Performance at …
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