Full oil flows through the Strait of Hormuz will not return before the first or second quarter of 2027, even if the Middle East conflict… Weiterlesen »No Full Hormuz Flows Until First Half of 2027, UAE’s Oil Giant Says

Saudi Arabia’s sovereign wealth fund is considering consolidating transport and supply-chain assets to create a logistics giant that can attract foreign investment and better serve… Weiterlesen »Saudi $1 Trillion Wealth Fund Weighs Creating a Logistics Giant

The tanker crew gathered their courage and carefully navigated along a route designated by Iran, hugging the coastline and maneuvering their hulking vessel between island checkpoints… Weiterlesen »Inside Iran’s Expanding Hormuz Transit System: Checkpoints, Diplomatic Deals and Passage Fees

Iran’s self-declared Persian Gulf Strait Authority (PGSA) has published what appears to be the clearest geographic definition yet of the maritime zone it claims authority… Weiterlesen »Iran Draws New Maritime ‘Oversight Zone’ Across Strait of Hormuz

Swiss engine designer WinGD has secured the maritime industry’s first confirmed order for ethanol-fuelled two-stroke engines powering ocean-going bulk carriers, marking another major milestone in shipping’s race… Weiterlesen »WinGD Lands World-First Ethanol Engine Order for Vale Ore Carriers

U.S. Marines boarded and redirected an Iranian-flagged oil tanker in the Gulf of Oman on Tuesday as Washington continued tightening enforcement of its maritime blockade… Weiterlesen »U.S. Marines Board Iranian Tanker in Gulf of Oman

The UK government has quietly loosened part of its Russia sanctions regime, issuing a new general trade licence that allows imports and related trade involving… Weiterlesen »UK Opens Door to Diesel and Jet Fuel Made From Russian Crude

The global shipping industry has released sweeping new guidance for vessels transiting the Strait of Hormuz, warning that even if the waterway remains technically open,… Weiterlesen »Shipping Industry Issues Stark New Hormuz Transit Guidance as Risks Mount

A prolonged closure of the Strait of Hormuz could become the most severe global energy supply shock in decades, with oil prices potentially nearing $200… Weiterlesen »Hormuz Closure Could Send Oil to $200 and Trigger Global Recession, Wood Mackenzie Warns

A new crude oil pipeline that bypasses the Strait of Hormuz and which the United Arab Emirates began building last year is now 50% complete,… Weiterlesen »New UAE Pipeline Bypassing Hormuz Now 50% Complete, ADNOC CEO Says