News

Amid Israel-Iran Tensions, Shipping Slows Down in Strait of Hormuz
As the conflict escalates, container shipping faces growing risks from a potential chokepoint closure, rising insurance costs ...
UAE coast guard evacuates 24 people from oil tanker crash east of the critical Strait of Hormuz
The Emirati national guard says it has evacuated 24 people from an oil tanker after a collision between two ships just east ...
Strait Of Hormuz: Main Focus Of Investors In Iran-Israel Conflict
The risk of Iran closing the Strait of Hormuz is real and could disrupt 20% of global oil supply. Click here for more ...
Conflict Prompts Container Ship Backup at Strait of Hormuz
The number of container vessels slowing down at the Strait of Hormuz is more than three times the normal level, said Ami ...
Israel-Iran conflict raises Asia’s energy security fears over Strait of Hormuz risks
Escalating conflict between Israel and Iran is raising fresh concerns over Asia’s energy security, analysts said on Tuesday, ...
Shipping groups are starting to shy away from the Strait of Hormuz as Israel-Iran conflict rages on
The escalating Israel-Iran conflict has prompted shipowners to exercise an extra degree of caution in both the Red Sea and ...
Ships’ signals jammed as Israel-Iran strikes affect Persian Gulf
Navigation signals from more than 900 vessels in the Strait of Hormuz and the Persian Gulf went awry over the weekend, ...
Everyone should keep an eye on this Persian Gulf island
TheStreet. Kharg Island is a small island in the Persian Gulf. It lies 16 miles off the northwest coast of Iran. It's 451 ...