Ports Giant DP World Redraws Hormuz Logistics With Truck Bet
Ports giant DP World is expanding its overland logistics network in a bet that shipping through the Strait of Hormuz — vital for its flagship container and
Ports giant DP World is expanding its overland logistics network in a bet that shipping through the Strait of Hormuz — vital for its flagship container and
Vessel transits at the Strait of Hormuz fell to seven on Thursday from 11 the previous day, preliminary ship-tracking data showed on Friday, well below the
Vessel transits via the Strait of Hormuz fell on Wednesday to seven from 12 the previous day, preliminary ship-tracking data showed on Thursday, with levels
Global tanker freight rates are surging to record levels with little respite in sight, a sign of the growing strain in oil markets as traders, shipowners,
Iran said on Wednesday it had attacked 10 ships near the Strait of Hormuz after the U.S. sank five Iranian oil tankers, in the biggest declared wave of
Iran said it will announce a new restricted zone in the Gulf in the coming days, along with maps of a new shipping corridor through the Strait of Hormuz, as a
South Korea has begun preparations for a possible deployment of a naval support ship and troops to the Strait of Hormuz, local media reports said, as President
Four commodity vessels transited the key waterway of the Strait of Hormuz on Thursday, down from nine a day earlier and well below the 10-day average tally of
The head of Japanese shipping company Mitsui OSK Lines Ltd. expects disruption in the Strait of Hormuz to last longer than previously assumed, with recent
Three liquefied natural gas cargoes loaded in Qatar and the United Arab Emirates have been transferred between ships outside the Strait of Hormuz in recent
Two supertankers carrying Saudi oil were struck by unknown projectiles within minutes of each other while transiting outbound through the Strait of Hormuz late
The US and Iran exchanged strikes for the first time in about a month as American forces hit Iranian rocket launchers and the Islamic Republic responded by
Iran condemned the United States' new economic sanctions on Friday as "state terrorism," while its supreme leader said he was banning acts that could harm
Earnings for ships on the world’s benchmark oil tanker route approached $650,000 a day as the Iran war and a bold bet by a South Korean tycoon continue to
The top US commander for the Middle East said that American forces have cleared Iranian mines from the Strait of Hormuz, after Washington’s allies expressed
The Iran war's redrawing of the global trade map is forcing Gulf nations to retool their investment play book, plowing capital into infrastructure, from
Shipping traffic at the Strait of Hormuzrose slightly even as a geopolitical standoff persisted between the United States and Iran, while the market also
The Administrator of the Panama Canal is warning that the upcoming El Niño season will be longer and is taking the necessary precautions now to conserve
Key supply and demand data show the market pressures fueling the record auction prices at the Panama
Japan plans to support the construction of pipelines that bypass the Strait of Hormuz after the US-Iran war laid bare the country’s vulnerability to
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