217 VLCCs and counting: Iran war fuels supertanker boom
Record VLCC orders in 2026 reflect longer oil routes, soaring freight rates and fleet renewal as the Iran war disrupts Gulf crude shipping...
Tag : Persian Gulf
Global shipping faces unprecedented challenges
With the usual passages either unsafe or impassable, shipping companies have had to chart new courses, often at great expense...
Russia’s Gazprom exploring undersea gas pipeline to South Asia
The pipeline will begin from the Persian Gulf and stretch up to Pakistan, India, and Bangladesh...
Saudi Arabia joins US-led maritime coalition to protect oil shipping
Currently, the US, the UK, Bahrain and Australia are the only member countries of the task force...