The cost of insuring vessels navigating the Strait of Hormuz has soared, as underwriters scramble to reprice risk in response ...

Greenpeace Middle East and North Africa (MENA) has warned of a potential environmental disaster after two crude oil tankers collided ...

* About a fifth of the volume of the world's total oil consumption passes through the Strait on a daily basis. An average of ...

A high-stakes collision near the world’s most vital oil chokepoint reignites fears as Iran renews threats to disrupt global energy flow.

Ali Khamenei addressed nation as Washington is said to be weighing joining Israel's attack on the Islamic Republic ...

Volvo Trucks has unveiled an enhanced version of its electronically controlled steering system for lorries, known as Dynamic ...

Mideast tanker rates soar by 40% since June 13 *Rates in other region rise, reflecting Mideast tensions *Ship navigation systems in Gulf face heavy interferences By Ron Bousso LONDON, June 18 - While ...

A strange event occurred near the Strait of Hormuz, one of the busiest and most important waterways in the world. An oil ...

A crash between two oil tankers on a major shipping route near the UAE was likely caused by a navigational misjudgement by ...

Shipping analysts attribute the rising chartering costs in part to an increase in war risk premiums. According to Xclusiv ...