Hormuz Chokepoint Cuts Global Oil Flow by 80% as Iran Selectively Passes 21 Tankers in Three Weeks Iran's near-total blockade of the #StraitofHormuz has slashed #tanker transits by over 80%, with only 21 vessels passing since conflict began. #Shipowners face random #attacks, selective access, and growing #portcongestion as #oilsupply routes unravel. #maritime #logistics

Iran's near-total blockade of the #StraitofHormuz has slashed #tanker transits by over 80%, with only 21 vessels passing since conflict began. #Shipowners face random #attacks, selective access, and growing #portcongestion as #oilsupply routes unravel. #maritime #logistics

Iran Positions Itself as Gatekeeper of the Strait of Hormuz, Granting or Blocking Passage at Will Iran's demand for naval coordination in the #StraitofHormuz has pushed #oilprices toward $120 and frozen tanker transits, forcing #shipowners and charterers into a flag dependent access regime with no clear resolution in sight. #maritime #LNG #tankers #shippingrisk

Iran's demand for naval coordination in the #StraitofHormuz has pushed #oilprices toward $120 and frozen tanker transits, forcing #shipowners and charterers into a flag dependent access regime with no clear resolution in sight. #maritime #LNG #tankers #shippingrisk

Insurers Cancel Gulf War Risk Cover With 72 Hour Notice as Strait Traffic Slows Insurers have cancelled #warrisk cover for the #PersianGulf with 72 hours notice, leaving #shipowners exposed as #JMIC raises the regional threat level to critical. The move forces #tanker operators to reroute or face uninsured transit through the #StraitofHormuz. #maritime

Insurers have cancelled #warrisk cover for the #PersianGulf with 72 hours notice, leaving #shipowners exposed as #JMIC raises the regional threat level to critical. The move forces #tanker operators to reroute or face uninsured transit through the #StraitofHormuz. #maritime

#Maritime #Shipping #NOBiz #Shipowners

@mercoglianos.bsky.social

Anemoi and COSCO Shipping expand rotor sail partnership to boost wind propulsion Anemoi and COSCO SHIPPING Heavy Industry expanded their #windpropulsion partnership to streamline #rotorsail installations across China. The deal supports #decarbonization efforts for #shipowners and enhances green technology options within the global #maritime and #projectcargo sectors.

Anemoi and COSCO SHIPPING Heavy Industry expanded their #windpropulsion partnership to streamline #rotorsail installations across China. The deal supports #decarbonization efforts for #shipowners and enhances green technology options within the global #maritime and #projectcargo sectors.

Suez Transits Rebound as Carriers Test Red Sea Routes After Five-Week Low Containership transits through the #SuezCanal hit a five-week high as major #shipowners cautiously test Red Sea routes, even as #CapeofGoodHope diversions surge and insurers, shippers and ports watch for the next move. #containers #maritime

Containership transits through the #SuezCanal hit a five-week high as major #shipowners cautiously test Red Sea routes, even as #CapeofGoodHope diversions surge and insurers, shippers and ports watch for the next move. #containers #maritime

Lloyd’s Register Approves BAR Technologies’ CFD-Based P-Wind Methodology, Raising Confidence in Wind-Assist Certification #LloydsRegister approves #BARTechnologies CFD-based #PWind method, confirming class-approved validation for #WindWings systems and giving #shipowners a reliable way to quantify wind-assist performance under IMO rules........

#LloydsRegister approves #BARTechnologies CFD-based #PWind method, confirming class-approved validation for #WindWings systems and giving #shipowners a reliable way to quantify wind-assist performance under IMO rules........

Good to see #CanadianCoastGuard take a leadership position, other Canadian #shipowners need to take notice, and not leave their junk for others to clean up.

Walking away from a ship after its made money for the organization, waiting for it to magically disappear, is not a sound business strategy.

Greek Shipowners Fill Russia’s Tonnage Void to Blunt Sanctions Impact European-owned tankers, led by Greek shipowners, now export nearly 40% of Russian oil — despite rising sanctions. Learn more.

More info on #Greece and the #Greek #Shipowners supporting #Russia

windward.ai/blog/greek-s...

... so this implying the #Greek #Shipowners are not part of #Russia #Shadowfleet schemes avoiding #Sanctions ?

#Greece
#GRBiz

www.tradewindsnews.com/tankers/gree...

#P&I insured at #WestOfEnglandP&IClub which has a Sanctions page for #ShipOwners #ShipOperators to check

#Shadowfleet
#Sanctions
#Russia
#Insurance

www.westpandi.com

www.westpandi.com/vessels?sear...

www.westpandi.com/news-and-res...

[Watch] Discover Business Nigeria Headlines Updates for 20250429

Read more 🚀🚀: seefinish.com/business-new...

#nigeria #nigerias #investors #reforms #profit #startups #african #banks #ai #musk #stocks #energy #tinubu #keyamo #emefiele #economy #poverty #shipowners #fintech

Business News Nigeria - Seefinish & Insights Business News in Nigeria, Financial News Updates from Nigeria. Aggregated headlines from multiple sources. Get updated business headlines.

[Watch] Discover Business Nigeria Headlines Updates for 20250429-15:20 - Seefinish & Insights

Read more 🚀🚀: seefinish.com/business-new...

#nigeria #nigerias #investors #reforms #profit #startups #african #banks #ai #musk #stocks #energy #tinubu #keyamo #emefiele #economy #poverty #shipowners

Why is the Panama flag so popular among shipowners? – DW – 01/17/2025 Two ships sailing under the flag of Panama ran into problems off the coast of Germany recently. For over a century now, shipowners wanting to circumvent certain regulations have opted for the Panama f...

Why is the #Panama #flag so popular among #shipowners?
Two ships sailing under the flag of Panama ran into problems off the coast of Germany recently. For over a century now, shipowners wanting to circumvent certain regulations have opted the Panama flag. p.dw.com/p/4pISV?maca...

Greece Is Making a Killing Selling Ships to Russia The world’s largest ship-owning nation is profiting from the sale of aging vessels, while enabling Moscow’s sanctions evasion.

' #Greece’s mighty shipping sector has continued to earn good money shipping #Russian oil. But #Greek #shipowners have discovered an apparently even more lucrative source of revenue: selling the ships themselves to mysterious buyers linked to #Russia.'

foreignpolicy.com/2023/09/11/g...

Abandoned ships, crew on rise since pandemic: ITF - Yes Punjab News : A record 282 ships were abandoned by owners in 2023, leaving over 4,000 seamen stranded, as supply chain disruptions and sanctions on Russia impact the global maritime industry.

Abandoned ships, crew on rise since pandemic: ITF
yespunjab.com?p=70164

#ShipAbandonment #MaritimeTrade #SupplyChainCrisis #ITF #ShipOwners #IllicitMaritimeTrade #WesternSanctions #RussianSanctions #ShadowVessels #MaritimeEnforcement #ShipStranding