Analysis
Iran continues its attacks and targets the LR2 tanker Lipsi in the Strait of Hormuz
Iran continues its attacks on tankers in the Strait of Hormuz and has targeted a new LR2 tanker named Lipsi. These attac...
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Economy
Namura Company Merges Imari Steel Center to Expand Marine Construction
Namura Company strengthens its production control by merging with Imari Steel Center ahead of a major expansion of shipb...
Oil and Petrochemicals
Akastor Finalizes Sale of Skandi Peregrino for $21.6 Million
Akastor has completed the sale of the Skandi Peregrino vessel to a Norwegian charterer. This deal will benefit the AHTS...
Oil and Petrochemicals
Northern Ocean Signs New $70 Million Contract with Shell
Northern Ocean has signed a new contract worth $70 million with a subsidiary of Shell to operate in Trinidad and Tobago....
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Oman's Maritime Security Center Imposes New Regulations for Ship Passage
Oman's Maritime Security Center has intensified the regulations for the passage and presence of ships in its territorial...
Economy
The U.S. Imposes New Sanctions on Iran and Russia's Shadow Banking Network
The U.S. Department of the Treasury has recently imposed new sanctions against the "VTB" bank and its associated network...
Oil and Petrochemicals
Crude Oil Exports from the Middle East Reached Highest Level Before War in Last Week of September
Crude oil exports from the Middle East reached between 19.5 to 22.5 million barrels per day during the four days of the...
Economy
Jazmourian Special Economic Zone Awaiting Final Approval from the Cabinet
The Jazmourian Special Economic Zone is being pursued with the aim of creating 10,000 job opportunities in the south of...
Economy
Payman Sanandaji: Sanctions on Railways Will Not Hinder Iran's Rail Transit
Payman Sanandaji, the head of the Transportation Commission of the Tehran Chamber of Commerce, announced that recent san...
Oil and Petrochemicals
Crude Oil Exports from the Middle East Reached Highest Level in September
Crude oil exports from the Middle East reached 22.5 million barrels per day in the last week of September. This increase...
Oil and Petrochemicals
Oil Prices Drop Due to Increased Middle Eastern Exports and G7 Reserve Release
Oil prices fell following increased Middle Eastern exports and the release of emergency reserves by the G7. This drop ca...
Oil and Petrochemicals
The volume of fuel smuggling has reached 25 million liters per day
The volume of fuel smuggling in Iran has increased to 25 million liters per day. More than 51% of smuggling cases are re...