Hormuz Transits Fall to Two Vessels in a Day, Lowest Since May
Only two ships entered the Strait of Hormuz on August 24, the lowest daily count since early May, with fewer than 20 commercial vessels crossing over the weekend.
US Night Convoys Move 10 Million Barrels a Day Through the Strait of Hormuz
US forces are escorting 15 to 20 tankers a night through the Strait of Hormuz on a southern route hugging Oman, moving around 10 million barrels of oil daily.
German Court Leaves Eventin Crude Cargo Sale Blocked as Case Drags
The Hamburg Finance Court has closed the expedited track and will wait for the main ruling, keeping customs barred from confiscating or selling the crude.
Suezmax Skiros Attacked After Loading at the CPC Terminal
The Greek-run Suezmax Skiros was attacked in the Black Sea after loading Russian-origin crude at the Caspian Pipeline Consortium terminal near Novorossiysk, with no injuries or pollution reported.
Covert Hormuz Crossings Are Holding Global Oil Prices in Check
Middle Eastern producers are shuttling crude out of the Persian Gulf undetected and transferring it to tankers in the Gulf of Oman, keeping Brent between $80 and $90 through August.
Russian crude discounts to India collapse as Hormuz disruption bites
Discounts on Russian Urals crude delivered to India have fallen to between $1 and $2 a barrel against dated Brent this week, according to three trade sources.
Rotterdam handles more crude as Hormuz disruption reshapes flows
The Port of Rotterdam handled more crude and oil products in the first half as Hormuz disruption redirected flows.
DHT Holdings locks in a supertanker on a three-year charter
Crude tanker owner DHT Holdings has fixed one of its very large crude carriers for three years at 75,000 dollars a day.
Never miss a move
Maritime, in motion. In your inbox.
The vessel sales, incidents, and market moves worth knowing, sent as they happen.