Asia-US container rates mostly higher on Iran war stalemate; tanker rates edge lower
HOUSTON: Rates for shipping containers from east Asia and China to the US rose again this week and are now up by about $1,000/FEU (40-foot equivalent unit) since the start of the Iran war,
UAE says new pipeline that will bypass Strait of Hormuz is nearly 50% complete
DUBAI : The United Arab Emirates has built nearly 50% of a second pipeline that will bypass the Strait of Hormuz, said the CEO of Abu Dhabi National Oil Co., or ADNOC, on Wednesday.
MV SYMI delivers 20,000 MT LPG at DPA Kandla, strengthening India’s Energy Supply Chain
GANDHIDHAM : In a significant boost to India’s energy logistics and supply chain network, MV SYMI successfully berthed at Oil Jetty–1, Deendayal Port Authority (DPA), Kandla, carrying a consignment of 20,000 metric tonnes (MT)
IOC LPG cargoes cross Hormuz safely amid West Asia crisis; Govt says fuel supplies remain stable
NEW DELHI: Two LPG cargo vessels carrying supplies for India have safely crossed the Strait of Hormuz and are expected to arrive at Indian ports over the next few days amid the ongoing West
The Impact of the Closure of the Strait of Hormuz on P&I Clubs and the Shipping Industry
By Priyatham Sanjeeva Reddy, Ramidi, Maritime Professional and P&I Expert The Strait of Hormuz is one of the most critical maritime chokepoints in the world, serving as the primary route for oil and gas
TALKING POINTS: The Impact of Strait of Hormuz closure on P&I Clubs and Operations
By Priyatham Sanjeeva Reddy Ramidi,Maritime Professional and P&I Expert As we explored in the previous article, the closure of the Strait of Hormuz would create immediate and significant challenges for the maritime industry, particularly
4th Korean oil tanker successfully transits through Red Sea
SEOUL : A Korean vessel has successfully passed through the Red Sea and is currently en route home, marking the fourth oil shipment of its kind, the oceans ministry said Friday. The arrival comes
Capt. Chandran Durai Daniel assumes charge as the new Director (Bulk Carriers & Tankers) of SCI
MUMBAI : The Shipping Corporation of India Ltd. (SCI), India’s premier maritime transport company, has announced that Capt. Chandran Durai Daniel has assumed charge as Director (Bulk Carriers & Tankers), pursuant to his appointment