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Reports indicate tankers are on fire near the Strait of Hormuz amid escalating tensions in the Middle East, raising concerns about maritime security and global oil trade.
Tanker rates for vessels carrying refined oil products from the Middle East have surged in recent days, as the exchange of fire between Israel and Iran makes hauling fuel through the Strait of Hormuz ...
The U.S. military is also sending aircraft to the Middle East and Europe in case they are needed to support U.S.
Fredrik Dybwad, analyst at Fearnley Securities, told TradeWinds: “The OPEC+ states’ accelerated cut unwind will hit the ...
The Indian sub-continent recycling markets have been on a downward spiral for most of this year and this week was no ...
India's top shipowner sends aframax to Alang while Singapore-based bulker giant opts to scrap VLOC in Bangladesh ...
When I stumbled across the Soocas NEOS II at CES 2025, I was instantly intrigued. It stood out right away, and not just ...
In Season 5 of the hit entrepreneurial show, Shark Tank, a husband-and-wife duo pitched their company Groovebook. Here's what ...
In the first five months of 2025, crossings via the canal jumped 10 percent annually as geopolitical tensions continue to surround the trade artery.
Tankers and container vessels have led newbuilding activity so far this year. Tankers account for 24% of the global tonnage ...
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TipRanks on MSNTOP Ships Announces Spin-Off of Suezmax Tankers to Form New Nasdaq-Listed CompanyTop Ships ( ($TOPS) ) has provided an announcement. On June 4, 2025, TOP Ships Inc. announced its intention to spin off two Suezmax tanker vessels ...
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