Nothing right now is stopping a surge in oil tanker rates that’s given owners of the vessels one of the biggest boosts in years.
Read More »Korean Shippers Set to Join Hands to Win Huge LNG Shipping Orders from Qatar
Industry insiders speculate that the Qatari state-run company will need an additional 60 LNG carriers for the project.
Read More »US Sanctions Hit Global Oil Fleet
VLCC freight rates for key crude oil supply routes to Asia have surged since the US ratcheted up sanctions in recent months.
Read More »Iran Carefully Investigating Oil Tanker Explosions
The appropriate response will be given to the perpetrators of this cowardly attack.
Read More »Italy Eyes Investing in Chabahar Port
The Director General of Ports and Maritime Organization (PMO) for Market Development and Agreements Affairs Mohammad Saeed Asl Saeedipour said on Tuesday that Italian firms keen on investing in Chabahar port.
Read More »Iran Builds $1.8B Oil Pipeline To Bypass Strait Of Hormuz
Iran is building an onshore oil pipeline worth US$1.8 billion to a terminal just outside the Strait of Hormuz. the most critical oil chokepoint in the world.
Read More »U.S. Sanctions on COSCO Hit LNG Tankers in Russia’s Arctic
Yamal has been producing and shipping LNG above its expected capacity of 16.5 million tonnes a year (mtpa).
Read More »Zero-Carbon Aviation Unlikely to Be Feasible by 2050
That’s the verdict delivered by Chairman of the Committee on Climate Change. who says emissions from aviation could be reduced by around a fifth by the mid-century.
Read More »Iran. Italy Mulling over Chabahar-Venice Shipping Route
A major Italian transportation group is in negotiation with the Port and Maritime Organization of Iran (PMO) to establish a shipping route between the Southeastern Iranian port of Chabahar and the Northern Italian port of Venice.
Read More »Goods Export from Chabahar Port Up by 100% in H1
Behrouz Aghaei said that export of products from Chabahar’s Shahid Beheshti Port in the first six months of the current year increased 100 percent as compared to the last year’s corresponding period.
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