U.S. Secretary of State Marco Rubio faces a delicate mission this week pitching Washington’s Iran peace deal to Gulf Arab leaders who fear excessive concessions will strengthen Tehran and… Weiterlesen »Rubio Faces Tough Task of Selling Iran Reset to Wary Gulf Allies

Iran and Oman have begun formal talks on the future administration of navigation in the Strait of Hormuz, including maritime services and associated costs, adding… Weiterlesen »Who Will Govern Hormuz? Iran and Oman Begin Talks on Future Navigation and Maritime Services

More ships are openly signaling their intention to traverse the Strait of Hormuz, pointing to growing confidence among shipowners and traders about sending vessels through… Weiterlesen »Hormuz Traffic Picks Up as More Tankers Broadcast Crossings

Pakistan’s Karachi Gateway Terminal is planning up to $100 million in new investment within five years as the country tries to cut freight costs and… Weiterlesen »Pakistan’s KGTL Port Plans Up to $100 million More Investment After Iran War Cargo Surge

The Strait of Hormuz is open again, but shipping companies are returning to a waterway that looks very different from the one that existed before… Weiterlesen »Strait of Hormuz: Mines and Dual Transit Regime Complicate Return to Normal

The U.S. Bureau of Ocean Energy Management (BOEM) is moving forward with the next step in evaluating offshore critical mineral development off the coast of… Weiterlesen »Trump Administration Advances Offshore Critical Minerals Development Off Virginia

The largest shareholder of Seacor Marine Holdings Inc. said the offshore energy services company needs to sell itself, according to a letter sent to the… Weiterlesen »Seacor Marine’s Top Investor Pushes Board to Sell Fleet Operator

Oil and liquefied natural gas tankers sailed through the Strait of Hormuz on Monday, in a sign of traffic slowly picking up after Iran said… Weiterlesen »Hormuz Traffic Slowly Picking Up as Oil and LNG Tankers Resume Transits

(Bloomberg) — Chinese oil imports may never fully recover from the Iran war, with analysts saying the conflict accelerated a permanent shift away from fuels… Weiterlesen »Chinese Oil Imports May Never Fully Recover From Iran War

Thirteen people were killed and dozens injured after an explosion at Qatar’s massive Ras Laffan liquefied natural (LNG) gas complex which occurred as workers were restarting operations… Weiterlesen »Thirteen Dead, Dozens Injured, After Blast During Restart at Giant Qatar LNG Site