Crude tanker shipping rates have surged sharply as mounting security concerns in Gulf waters disrupt one of the most critical maritime corridors for...
ByKelvin Dakoru5 months AgoShipping insurers have begun canceling war risk coverage for vessels operating in parts of the Persian Gulf as the conflict involving Iran, Israel,...
ByKelvin Dakoru5 months AgoShipping rates for oil and gas cargoes have reached unprecedented levels as the ongoing conflict in the Middle East disrupts maritime logistics and...
ByKelvin Dakoru5 months AgoThe government of Oman has renewed calls for diplomacy and restraint as military exchanges across the region continue to escalate. Officials in Muscat...
ByKelvin Dakoru5 months AgoA fuel storage tank at the Port of Duqm in Oman was struck in a suspected drone attack, according to local authorities and...
ByKelvin Dakoru5 months AgoGlobal shipping costs for oil and gas cargoes have surged to record levels as the escalating Iran crisis disrupts vessel traffic through the...
ByKelvin Dakoru5 months AgoHeightened military tensions involving Iran, the United States and Israel are raising serious concerns across global maritime and trade sectors, as security risks...
ByMoses Alamu5 months AgoThe Philippines, the United States and Japan have conducted joint naval exercises in the South China Sea, reinforcing trilateral security cooperation amid rising...
ByKelvin Dakoru5 months AgoDefense analysts are closely monitoring developments in the Indian Ocean as strategic deployments and maritime activities increase among regional and global powers. The...
ByKelvin Dakoru5 months AgoThe Cuban authorities say security forces killed four individuals and wounded six others after a Florida based speedboat allegedly opened fire near the...
ByKelvin Dakoru5 months Ago