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Bulk commodities vessel owners face pressure to travel through Red Sea
Companies trading commodities such as iron ore and grain have threatened legal action and sought to alter contract terms to pressure shipowners to use the Suez Canal route, which is more dangerous, but also cheaper and faster.
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Oman Leverages its Influence With Iran to Resolve Strait of Hormuz Impasse
Oman is quietly acting as a mediator between Iran and the U.S., using its strong ties with Tehran to encourage de-escalation in the Strait of Hormuz. To preserve its influence, Oman has avoided publicly criticizing Iran and continues to promote dialogue and peaceful negotiations.
Read moreNotice of Temporary Suspension of the ShipOffer Mobile Application
NOTICE OF TEMPORARY DISCONTINUATION OF THE SHIPOFFER MOBILE APPLICATION
Read moreChinese box ship crosses the Strait of Hormuz amid deadlocked negotiations
Shipping traffic has dropped significantly while thousands of seafarers are stranded in the Persian Gulf.
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