Pair Of Iranian Oil Tankers Intercepted In Red Sea: Syrian PM
On Sunday Syria’s Prime Minister Hussein Arnous announced that in total seven Iranian oil tankers have been intercepted en route to the country while they were in the Red Sea to date. This includes two which he said were the latest to be detained. This comes amid severe shortages hitting the sanctions-choked as the US continues its economic war….
Iran Hails 'Victory' While Tankers & Cargo Ships Continue Arriving At Venezuelan Port
At a moment Washington D.C. is locked into a very different drama, Iranian state media is hailing ‘victory’ after late last week an Iranian cargo ship successfully made it to Venezuelan port and thus past the US blockade on the country. The Iranian-flagged general cargo ship Golsan had left Iran in November at has arrived…
The ‘Biggest Ever’ Flotilla Of Iranian Tankers Is En Route To Venezuela With Fuel
It appears both Iran and Venezuela are ready and willing to test the outgoing Trump administration in a major gambit to skirt sanctions in a crude and fuel export scheme. The daily American military newspaper Stars & Stripes alongside Bloomberg reports this weekend that Iran “is sending its biggest fleet yet of tankers to Venezuela in defiance…
Crude-Oil vs. Product Tanker Debate: Advantage Product Tankers?
By Greg Miller of Freight Waves “The market is shit. Sorry for my French,” said Hugo De Stoop, CEO of Euronav, the world’s largest listed crude-tanker owner. Euronav CEO Hugo de Stoop (Photo: John Galayda/Marine Money) Speaking on Thursday’s call with analysts, De Stoop was explaining why Euronav is pulling forward required drydockings from H1…