Two more tankers laden with crude exited the Strait of Hormuz last week with trackers switched off to avoid Iranian attacks, Kpler shipping data showed, underscoring a rising trend to sustain Middle East oil exports.The very large crude carrier (VLCC) Basrah Energy loaded 2 million barrels of Upper Zakum crude from Abu Dhabi National Oil Co's (ADNOC's) Zirku terminal on May 1 and exited the
The U.S. military has intercepted at least three Iranian-flagged tankers in Asian waters and is redirecting them away from their positions near India, Malaysia and Sri Lanka, shipping and security sources said on Wednesday.Washington has imposed a blockade on Iran's trade by sea while Iran has fired on ships to prevent them sailing through the Strait of Hormuz waterway at the entrance to the
President Donald Trump said on Sunday the U.S. Navy would start blockading the Strait of Hormuz, raising the stakes after marathon talks with Iran failed to reach a deal to end the war, jeopardizing a fragile two-week ceasefire.The U.S. Central Command said U.S. forces would begin implementing the blockade of all maritime traffic entering and exiting Iranian ports at 10 a.m.
Pakistan said on Sunday it was preparing to host "meaningful talks" to end the conflict over Iran in coming days even though Tehran earlier accused Washington of preparing a land assault while seeking negotiations.Speaking after talks between regional foreign ministers, Pakistan's Foreign Minister Ishaq Dar said they had covered possible ways to bring an early and permanent end to the war in the
Dating back to the year 1786, Thomas Jefferson wrote to a member of the Continental Congress on the importance of free press keeping government in check. He was quoted as saying if he had a choice between “a government without newspapers or newspapers without a government, I should not hesitate a moment to choose the latter.
“Never before have we witnessed such comprehensive alignment between Republicans and Democrats, industry, and organized labor for rebuilding our great nation’s maritime industry.”Arizona Senator and U.S. Merchant Marine Academy alum Mark Kelly (D-AZ) and Representative John Garamendi (D-CA-08) published an op-ed in Fox News highlighting the momentum to rebuild the U.S.
The U.S. may soon remove sanctions from Iranian oil that is stranded on tankers to help lift global supplies and reduce prices, U.S. Treasury Secretary Scott Bessent said on Thursday."In the coming days, we may unsanction the Iranian oil that's on the water. It's about 140 million barrels," Bessent told Fox Business Network's "Mornings with Maria" program.
Europe should keep an open mind on helping to ensure freedom of navigation for ship traffic in the Strait of Hormuz even if the continent did not support the U.S.-Israeli decision to go to war with Iran, Denmark's foreign minister said on Monday.President Donald Trump said on Sunday his administration was talking to several countries about protecting ships in the waterway that Tehran has mostly
Ocean Wise and Trelleborg Marine and Infrastructure announced an advancement in marine mammal protection through the international expansion of Ocean Wise’s Whale Report Alert System (WRAS), a real-time alerting tool designed to reduce the risk of ship strikes on whales. This expansion includes a new integration with Trelleborg’s SafePilot Pro software
A $400 million pipeline to transport natural gas from Israel to Cyprus is awaiting government approval from both countries and Israel has expressed support, the head of Eastern Mediterranean focused gas producer Energean told Reuters on Tuesday.Energean on Monday signed a letter of intent with leading Cypriot industrial and energy group Cyfield for the potential supply of natural gas from Israel
South Korean Finance Minister Koo Yun-cheol said on Tuesday he would seek a mutually beneficial trade deal when he meets U.S. Treasury Secretary Scott Bessent for talks this week, just days before an August 1 deadline expires to avoid punishing tariffs.Speaking at the airport before departing for Washington
Marine fuel sales in Singapore recovered to hit 16-month highs in May, official data showed on Monday.Volumes at the world's largest bunker hub for ships totalled 4.88 million metric tons, up 10.8% month-on-month and 1.1% higher year-on-year, according to data from the Maritime and Port Authority of Singapore (MPA).