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SHIPPING TRAFFIC
- Six Saudi tankers turn away from Gulf of Aden, ship-tracking data shows
The tankers, which were empty of cargo after returning from destinations in Asia, were sailing in formation towards southern Africa, rath...
Saudi oil tanker heads to India as Red Sea, Hormuz traffic slows amid attacksUS Iran war: A Saudi crude tanker carrying 2 million barrels is headed to Sikka port where Reliance Industries receives most of his cride o...
Tanker carrying Russian cargo reroutes around Africa after Red Sea U-turnA Russian naphtha tanker changed course to sail around Africa. The Sea Icon vessel avoided the Bab-el-Mandeb strait due to recent attacks. ...
Dry, hot summers are putting Dutch dikes at risk and threatening German river tradeEuropean drought weakens Dutch dikes, requiring constant monitoring by volunteers. Cargo ships face reduced loads on shallow Rhine and Danu...
Two VLCCs exit Strait of Hormuz, where traffic remains thinTwo large oil tankers exited the Strait of Hormuz on Friday, with traffic remaining thin. One vessel loaded Saudi crude and is anchored off...
Oil Price Today (July 31): Crude oil extends fall to $88. What’s behind the decline amid Iran war?Saudi Arabia is seeking to spearhead a coalition to enhance defense cooperation in the Bab El-Mandeb Strait, the Red Sea and the Gulf of Ad...
Drone attack in Egypt raises fresh fears over Suez Canal, global oil supplyA drone strike on Egyptian tankers has raised energy security concerns for the Suez Canal. This vital route offers a safe passage for Saudi...
Oil Price Today (July 30): Crude oil dips below $90 after 8% surge on Wednesday. Here’s whyBrent crude futures were down $1.29, or 1.42%, at $89.45 a barrel. U.S. West Texas Intermediate (WTI) crude slipped 56 cents, or 0.66%, to ...
Yemen's Houthis considering fees for ships sailing through Red Sea, sources sayYemen's Houthi faction is exploring the potential of levying fees on maritime traffic in the southern Red Sea. This fee proposal emerged fr...
Iran rules out Oman's proposal for regional joint management of Hormuz Strait, senior Iranian official tells ReutersIran has rejected Oman's proposal for joint management of the Strait of Hormuz. A senior Iranian official stated the plan has no chance of ...
Oil Price Today (July 29): Crude oil jumps 5% as US intercepts Iranian 'surprise attack’. Big rally ahead?Brent crude jumped 5% to around $88 a barrel, recovering after its biggest three-day decline since April 2020. The U.S. West Texas Intermed...
Explained: Why crude oil prices tumbled over 9% to below $90/bbl in one dayCrude oil prices plunged more than 9% to $88 a barrel after the US paused strikes on Iran and Tehran signalled restraint, boosting hopes of...
Red Sea shipping slows after Houthi attack on Saudi Arabia, data showsShip traffic through Bab el-Mandeb decreased Sunday after Houthi attacks on Saudi oil sites. Fewer than ten commodity vessels passed throug...
Oil slips 5% after US, Iran pause fighting over weekendOil prices experienced a significant five percent decline on Monday. This drop occurred after the United States and Iran paused strikes ove...
Red Sea shipping slumps after Houthi strikes on Saudi Arabia energy infrastructureShip traffic through Bab el-Mandeb declined significantly on Sunday. This occurred after Yemeni Houthis attacked Saudi oil installations al...
US, Iran hold fire for second day as ceasefire talks gain momentumThe United States and Iran refrained from launching attacks for a second consecutive day as mediators worked to revive an interim ceasefire...
Houthis say they don't seek to close key Bab al-Mandeb StraitA Houthi spokesman said Friday that the rebels were not blocking traffic through the strategic Bab al-Mandeb Strait, after they declared a ...