Stocks
Persian Gulf Oil Flows Hit 7M BPD, U.S. Escorts Credited
Crude oil and fuel shipments through the Strait of Hormuz have reached ~7M bbl/day, half of volumes stranded, Energy Secretary Chris Wright...
#shipping 17 articles
Finance
Somali Piracy Resurgence Threatens Global Shipping Costs
Somali piracy is back, fueled by rerouted shipping traffic and stretched naval patrols. This resurgence drives up insurance, fuel, and security costs,...
Stocks
Brent Crude Rebounds as US-Iran Tensions Threaten Strait Shipping
Brent crude prices rose Tuesday, recovering from a prior session's selloff. Escalating military exchanges between the U.S. and Iran cast doubt on...
Stocks
Quant Snapshot: Diana Shipping, National Bank of Canada Lead Ratings
Recent quant rankings for the upcoming earnings calendar highlight strength in financials, industrial, and energy sectors, with Diana Shipping and National Bank...
Stocks
Hampton Financial Buys 10% Stake in Dry Bulk Shipper Icon Energy
Hampton Financial Corporation (TSXV:HFC) has acquired a 10% stake in dry bulk shipping company ICON Energy Corp. (ICON:NASDAQ), citing undervaluation and improving...
Finance
Somali Piracy Returns, Threatening Global Trade Routes
A resurgence of Somali piracy, fueled by regional conflicts and stretched naval resources, is adding significant costs and delays to global shipping.
Markets
Iran Imposes ‘Tolls’ on Ships in Strait of Hormuz
Iran has reportedly begun collecting tolls from vessels seeking safe passage through the Strait of Hormuz, impacting oil prices and stock markets.
Economy
French Container Ship Crosses Hormuz Strait
A French-owned container ship has become the first vessel from a major Western European firm to transit the Strait of Hormuz since...