Tag Archives: Shipping

Normal traffic of ships belonging to giant international shipping companies in Iran'.s water is going on as usual. a senior Iranian official said.

No foreign maritime company has announced a change in its port call programs after a US spy drone was shot down by Iranian air defense units.

It is the first time that repair and maintenance services of giant ships is assigned to the domestic repair yards and the most experienced Iranian experts.

Oil tanker owners are raising the prices they charge to export Middle East crude as tensions surge in a region that accounts for about a third of all seaborne petroleum shipments.

The vessel was delivered to its owner. China Merchants Energy Shipping Company. to the coastal city of Dalian. northern China on Saturday.

Rates for transporting 2 million barrel cargoes from Saudi Arabia to China has jumped to almost $26.000 a day.

OPEC nations may be at odds with each other. but all they need to do is extend their current crude oil cutbacks through the end of the year to help keep the market relatively balanced. according to a new report.

Iran’s two-month deadline to remaining signatories of the JCPOA (nuclear deal) cannot be extended.

OPEC+ account for nearly 49 million of the 84 million bpd of global crude.

Tehran warned the U.S. to stop playing a blame game through ``suspicious`` attacks on oil tankers in the Middle East.