paralysis
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Port News
Hormuz paralysis rewrites shipping economics
With oil prices zooming up in early trading by their largest percentage daily gain seen since 1988, and overall spot…
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Port News
VLCC records tumble amid Hormuz paralysis
VLCC and suezmax rates have hit unprecedented levels as tanker availability slumps after the weekend’s attack on Iran by the…
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Port News
3,200 ships caught up in Hormuz paralysis
VLCC freight surged to extraordinary theoretical levels on Monday as the war between Iran and the US‑Israel coalition roiled shipping…
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Port News
Tanker trade freezes as Maduro arrest deepens Venezuela oil paralysis
The global tanker market is grappling with fresh uncertainty after the arrest of Venezuelan president Nicolás Maduro in a dramatic…
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