Earnings for ships on the world’s benchmark oil tanker route approached $650,000 a day as the Iran war and a bold bet by a South… Weiterlesen »Gulf Oil Tankers Near $650,000 a Day as Iran War Disrupts Flows

Water levels on the river Rhine in Germany remained stable this week, holding above record lows after recent rain and allowing vessels to carry larger cargoes, the… Weiterlesen »Rhine Water Stable After Rain, More Wet Weather Expected to Help

The Iran war’s redrawing of the global trade map is forcing Gulf nations to retool their investment play book, plowing capital into infrastructure, from energy pipelines to… Weiterlesen »Pipelines and Ports: Iran War Spurs Gulf Infrastructure Investment

The top US commander for the Middle East said that American forces have cleared Iranian mines from the Strait of Hormuz, after Washington’s allies expressed… Weiterlesen »US Commander Declares Hormuz Shipping Lanes Are Mine-Free

Iran war mediators have placed renewed emphasis on reopening the Strait of Hormuz, with Tehran agreeing to draw up a list of conditions to restore… Weiterlesen »Iran War Diplomacy Turns Toward Reopening Hormuz

U.S. Central Command Commander Admiral Brad Cooper says U.S. forces have cleared sea mines laid by Iran from the internationally recognized shipping lanes through the… Weiterlesen »U.S. Military Says It Has Cleared Iran’s Mines From Strait of Hormuz Shipping Lanes

(Bloomberg) — The flow of crude through the Strait of Hormuz is creeping higher as producers across the Middle East boost exports in the face… Weiterlesen »Hormuz Oil Flows Rising as Gulf Giants’ Ramp Up Accelerates

Baltic grain exporters are seeing a boost in demand as blocked supplies from the Black Sea region are spurring buyers to seek alternative sources.

The U.S. Coast Guard is offering temporary relief to some merchant mariners whose credentials expired while their renewal applications were caught in a processing backlog… Weiterlesen »Coast Guard Offers 120-Day Relief for Mariners Caught in Credentialing Backlog

President Donald Trump on Thursday ordered the U.S. government to rename Lake Ontario as “Lake America,” extending his administration’s campaign to rename prominent geographic features… Weiterlesen »Trump Renames Lake Ontario ‘Lake America’ Amid Canada Trade Fight