Disputes could arise on the back of Hormuz force majeures in the long term as buyers challenge sellers’ abilities, or lack thereof, to perform their contractual obligations

The US and Iran are battling over the narrative of who controls the Strait of Hormuz, even as attacks continue and ships keep sailing through

Lloyd’s List senior reporter Greg Miller speaks to key tanker player International Seaways to find out how it assesses risk when choosing which markets to enter

Higher throughput and a one-off provision reversal lifted first-half profit, but geopolitical disruption weighed on overseas terminal operations

The ship suffered a fire and eventually capsized off the Romanian coast on its way to Türkiye

The Greece-based owner withdrew its bid earlier this month, ending to a near year-long effort to take over New York-listed Genco