A Kuwaiti oil products tanker was struck by an unknown projectile in the Strait of Hormuz…
Tag: shipping
Iran Claims Attacks on US Bases Amid Hormuz Tensions
Iran announced missile and drone strikes targeting US military bases in Kuwait and Bahrain on July…
Matson Projects Strong Q2 Earnings Amid Shipping Demand
Matson Inc. (NYSE: MATX) reported preliminary second-quarter 2026 earnings that exceeded market expectations, driven by robust…
India Halts Seafarer Deployments via Strait of Hormuz
India has ordered shipping firms to suspend the deployment of Indian seafarers through the Strait of…
Iran War’s Aftermath Could Disrupt Global Oil Supply Chains
The ongoing conflict in Iran is expected to have lasting effects on global oil supply chains,…
Norwegian Tanker Hit by Projectile Amid US-Iran Tensions
A Norwegian chemical tanker was struck by an unidentified projectile off the coast of Oman on…
Trump Proposes 20% Fee for US Protection in Hormuz Strait
President Donald Trump proposed on Monday that the United States will provide protection for shipping through…
Trump proposes 20% fee for US protection in Hormuz Strait
President Donald Trump announced on Monday that the United States will offer protection for shipping through…
Trump Proposes 20% Fee for US Protection in Hormuz Strait
President Donald Trump announced on Monday that the United States will offer protection for shipping in…
Insurance Rates Surge as Tensions Rise in Strait of Hormuz
Insurance premiums for ships transiting the Strait of Hormuz have sharply increased following recent military strikes…