Khorfakkan Terminal Expansion Targets 5m TEU on the Route Around Hormuz
Gulf Terminals Group is expanding Khorfakkan Commercial Container Terminal from 3.5m to 5m teu of annual capacity, targeting more than 10m teu long term at a port outside the Strait of Hormuz.
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.
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.
American Helicopter Disables Cargo Ship Bound For An Iranian Port
A United States Navy helicopter fired two missiles into the engine room of a Panama-flagged cargo ship in the Gulf of Oman after the vessel ignored repeated warnings and continued towards an Iranian port.
US Helicopter Disables Container Ship In Gulf Of Oman
A US helicopter disabled a container ship in the Gulf of Oman, the latest interdiction in a campaign that has redirected dozens of commercial vessels.
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