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Tag: Tanker Shipping

Asia-US container rates mostly higher on Iran war stalemate; tanker rates edge lower

Container
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...

Global order book hits 17-year high amid record crude tanker contracting

Fuel
LONDON: “By the end of the first quarter of 2026, the global shipping order book hit a 17-year high, reaching 191m Compensated Gross Tonnes...

Saudi’s Aramco explores Oil Exports from Red Sea to avoid Strait of Hormuz

EXPORT
DHAHRAN: Saudi Aramco is exploring the option of delivering more cargoes to Yanbu, a port on the Red Sea that's situated outside the Persian...

‘Strait of Hormuz must not be allowed to shut down’ says Safesea Group Chairman Dr S.V. Anchan

Cargo
MUMBAI: Amid escalating tensions in West Asia in the wake of US-Israel strikes against Iran, a leading Indian-American maritime executive has voiced concern over...

Tanker freight rates for Russian crude to India climb on higher seaborne exports, sources say

EXPORT
LONDON: Tanker freight rates for shipping Urals crude from Russia’s western ports to India rose further in late September and early October, tracking a...

Ships collide in Hormuz Strait in shadow of Israel-Iran war

Foreign Ports
OMAN : Two oil tankers have collided in the Strait of Hormuz, the world’s most critical oil checkpoint just off the coast of Iran. British...

SHIPPING: Asia-US container rates flat to higher as capacity reduction offers support

Container
LONDON : Rates for shipping containers were stable to higher this week as carriers have reduced capacity by 4-5% along the trade route amid...

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