Global shipping is facing a deepening shortage of seafarers just as geopolitical instability, rising trade demand and decarbonisation are placing heavier pressure on the industry, according to Uniteam ...

Ship operators rely on a sludgelike substance known as bunker fuel to keep vessels running. The Iran war's closure of the ...

Iran controls parts of the Hormuz Strait, disrupting shipping. Average daily transits by May 31 at 86.5% YES for 0-10 ships.

Global shipping companies are bracing for fuel shortages and rising costs as the Iran war disrupts supplies of bunker fuel ...

, May 18 -- For months, governments, companies, and financial markets viewed the disruption in the Strait of Hormuz as a short-term crisis that would eventually be resolved through diplomacy or a ...

The closing of the Strait of Hormuz during the Iran war has brought into focus the fragility of the global supply chain, with rising oil prices getting most of the attention. The Hormuz bottleneck, ...

One month into the war in Iran, a growing shortage of crude oil is threatening to morph into something worse: a shortage of nearly everything.