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Marine World
Treasury Extends Russian Oil Sanctions Relief as Hormuz Crisis Tightens Global Supplies
U.S. Treasury Secretary Scott Bessent announced Monday that the Treasury Department is issuing a temporary 30-day general license allowing “the most vulnerable…
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Port News
Splash Wrap: Iran tightens its control of Hormuz
There was no sign of a shipping breakthrough in Hormuz this week. If anything, the strait became more dangerous and…
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Marine World
Europe Swaps Russian Gas Dependence for U.S. LNG Reliance as Middle East Turmoil Tightens Squeeze
Europe’s rush to quit Russian pipeline gas has created a new energy vulnerability: growing dependence on U.S. liquefied natural gas,…
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Port News
Iran tightens Hormuz grip
Iran has expanded the maritime zone it considers under operational control around the Strait of Hormuz. According to Iranian-linked media…
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Maritime News
US Tightens Economic Controls on Iran and Warns Shipping About Hormuz Tolls
In what it is calling “Economic Fury,” the U.S. Department of the Treasury is expanding a number of efforts to…
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Port News
NextGeo tightens grip on Rana Subsea with fresh stake buy
Italy’s Next Geosolutions (NextGeo) has moved to tighten its control over Rana Subsea, exercising an option to acquire a further…
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Maritime News
UK Tracks Russian Tanker as US Tightens the Rules on Oil to Cuba
Close attention is being paid to two tankers, which observers suspected were heading toward Cuba in a Russian effort to…
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Port News
Wan Hai tightens grip on Japan routes with Osaka terminal investment
Taiwanese containerline Wan Hai Lines is moving deeper into Japanese port infrastructure with the acquisition of Terminal C9 at Osaka…
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Port News
Caravel tightens grip on Pacific Basin, rules out takeover bid
Hong Kong conglomerate Caravel Group has increased its shareholding in Pacific Basin Shipping, strengthening its position as the largest shareholder…
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Port News
US tightens naval grip on Venezuelan oil exports with new tanker seizure
US forces are continuing the pressure on Venezuela with the seizure of a third tanker in just two days. Maritime…
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