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A service for shipping & logistics professionals · Monday, June 23, 2025 · 824,709,569 Articles · 3+ Million Readers
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Israel Very Large Crude Carrier (VLCC) News Monitoring

  • Published on Jun 22, 2025

    Insurance rates jump in Middle East conflict zones amid Iran-Israel attacks

    Marine insurance costs for transporting energy and commodities in Middle Eastern conflict zones have surged, reflecting heightened maritime risks amid the escalation of the Iran-Israel conflict. Israel has launched a succession of air strikes on Iran since …

    Source: Hellenic Shipping News - Neutral
  • Published on Jun 22, 2025

    VLCC Tanker Market Riding the Wave of Middle East Tensions

    Clean LR2 LR2’s in the MEG saw the inevitable spike this week. The TC1 75kt MEG/Japan index sailed up 91.95 points to WS211.39. A TC20 90kt MEG/UK-Continent trip also went from $3.56mill to $5.17mill. West of Suez, Mediterranean/East LR2’s also …

    Source: Hellenic Shipping News - Neutral
  • Published on Jun 22, 2025

    Shipping threats around Arabian Peninsula rising, largest global shipowners organization warns

    Refrigerated containers of Maersk shipping lines are stacked at the container terminal of Bremerhaven port on April 22, 2025 in Bremerhaven, Germany. Focke Strangmann | Getty Images News | Getty Images The world's largest direct-membership organization …

    Source: CNBC - Neutral
  • Published on Jun 22, 2025

    Shipping faces elevated risk, Strait of Hormuz closure looms

    The President of the Piraeus Chamber of Commerce and Industry, Vassilis Korkidis, has raised concerns about the serious implications for Greek and global shipping if Iran proceeds with closing the Strait of Hormuz, a strategic chokepoint for global energy …

    Source: Kathimerini - Neutral
  • Published on Jun 20, 2025

    Shipping unhindered in Strait of Hormuz despite Israel-Iran war risks

    Ships are continuing to travel through the Strait of Hormuz, but leading companies say they are closely monitoring the Israel-Iran conflict, and safety is a priority. “So far, our operations across the region continue without interruption,” a spokesperson …

    Source: The National News - Pro-Government
  • Published on Jun 19, 2025

    Shell boss warns of ‘huge impact on trade’ if Israel-Iran conflict escalates

    An escalation in the Middle East conflict could have a “huge impact on global trade”, the boss of the oil company Shell has warned, as Donald Trump suggested the US could enter the air war between Israel and Iran. Shell, one of the biggest traders of oil …

    Source: The Guardian - Center-left
  • Published on Jun 20, 2025

    Israel-Iran: seatrade flows even as the bombs fly

    THE job of ordinally ranking crises in the Middle East is best left to professional historians of the region. But the exchanges of air and missile strikes between Israel and Iran already exceed those typifying the local armed conflicts that break out every …

    Source: Lloyd's List - Neutral
  • Published on Jun 19, 2025

    Surge in Korean exports to Middle East at risk with Israel-Iran escalating tensions

    Published: 19 Jun. 2025, 16:44 Missiles launched from Iran towards Israel are seen from Hebron in the Israeli-occupied West Bank on June 19. [REUTERS/YONHAP]   A surge in Korean exports to the Middle East is now at risk as tensions escalate between …

    Source: Korea JoungAng Daily - Center-right
  • Published on Jun 20, 2025

    Saudi crude oil exports via Strait of Hormuz near 2-year high as Israel-Iran conflict unfolds

    Saudi Arabia, the world’s largest crude oil exporter, shipped the most product through the Strait of Hormuz in almost two years in the week ended June 15 just as the Israel-Iran conflict began, according to a June 17 report by S&P Global Commodities at …

    Source: Hellenic Shipping News - Neutral
  • Published on Jun 20, 2025

    Iran accuses Israel of ‘endangering’ maritime safety, violating IMO treaties

    Israel has jeopardized maritime safety by attacking Iranian energy structures along the Persian Gulf coastline, a senior government official said June 18, while accusing the Jewish state of violating several UN treaties. Since June 13, Israel has launched …

    Source: Hellenic Shipping News - Neutral
  • Published on Jun 20, 2025

    Tanker Market and the Israel-Iran conflict

    The tanker market is already feeling the impact from the latest round of Middle East warfare, with rates rising sharply across the board. In its latest weekly report, shipbroker Xclusiv said that “Israel’s lightning-fast airstrike on 13 June yanked the …

    Source: Hellenic Shipping News - Neutral
  • Published on Jun 21, 2025

    Weekly Commentary: Back For A Second Attempt

    Image Source: Pixabay Chair Powell: “So, what we said was that uncertainty about the economic outlook has diminished but remains elevated. Many, many surveys say that… And that’s actually a line from the Teal book, which you can see in five years. Remember …

    Source: myMotherLode - California - Pending
  • Published on Jun 18, 2025

    The Daily View: Israel-Iran: for shipping, it’s déjà vu all over again

    A PRE-emptive war for regime change in the Middle East, justified by the need to prevent an authoritarian state getting its hands on weapons of mass destruction. For readers in the 40-something and above demographic, the words above will carry a familiar …

    Source: Lloyd's List - Neutral
  • Published on Jun 19, 2025

    Satellite images show Iran racing to get its oil out

    (Bloomberg) — Iran is racing to get its oil out into the world, a sign of the unusual logistical steps that Tehran is undertaking as the US mulls joining Israel in bombing the Persian Gulf state. Most Read from Bloomberg Oil is gushing out of the nation’s …

    Source: Yahoo Finance - Center-left
  • Published on Jun 20, 2025

    GNSS jamming widespread in Strait of Hormuz, ships collide

    GNSS jamming is causing confusion for ships traveling through the Strait of Hormuz, reports gCaptain. The regional threat levels are labeled “significant” because of air strikes between Iran and Israel, according to the Joint Maritime Information Center ( …

    Source: GPS World - Ohio - Neutral
  • Published on Jun 20, 2025

    Tanker execs lay out Strait of Hormuz scenarios as spot rates double

    THE SECURITY situation in the Strait of Hormuz is highly volatile and could end up being either very good or very bad for tanker shipping demand. If transits remain risky but the strait remains open, and if threats create inefficiencies and cause some …

    Source: Lloyd's List - Neutral
  • Published on Jun 19, 2025

    Shipping stocks – Navigating the difficult waters

    The rising tensions in the Middle East and no signs of easing of the Russian – Ukraine war has once again put the spotlight on the shipping industry and the freight rates they are earning to transport products during these difficult times. Investors on …

    Source: Financial Express - Neutral
  • Published on Jun 19, 2025

    Strait of Hormuz Tensions Drive 60% Surge in Tanker Rates

    Tanker rates for the route via the Strait of Hormuz have doubled since Israel started bombing Iran last Friday, the Financial Times has reported, citing shipowners growing reluctance to sail through the chokepoint. The daily rate for a very large crude …

    Source: Oil Price - Neutral
  • Published on Jun 19, 2025

    Shipping stocks Navigating the difficult waters – Stock Insights News

    The ongoing geopolitical tensions in the Middle East and the persistent conflict in Ukraine are casting a shadow over the shipping industry, impacting freight rates and investor sentiment. On Dalal Street, leading shipping stocks are experiencing …

    Source: Nautical Voice - Pending

09 days 03:37:06

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  • Published on June 23, 2025 - 04:27 GMT

    Australian Jewelry Brand COZYLE Brings the Essence of Japanese Elegance to Global Audiences

    Featuring handcrafted, nickel-free pieces imported from Japan, COZYLE offers a modern twist on traditional craftsmanship for everyday wear. AUSTRALIA, June 23, 2025 /⁨EINPresswire.com⁩/ -- COZYLE, an emerging Australian-based jewelry brand, is captivating …

    Distribution channels: Consumer Goods ...
  • Published on June 22, 2025 - 13:26 GMT

    Greece Warns Strait of Hormuz Closure Could Trigger Economic Fallout

    (MENAFN) Media reported on Friday that Greece's Shipping Minister, Vassilis Kikilias, issued a stark warning about the potential economic fallout if mounting tensions between Iran and Israel lead to the closure of the Strait of Hormuz. Kikilias …

    Distribution channels:
  • Published on June 22, 2025 - 06:30 GMT

    Hormuz Closure Poses Risk to Global Economy

    (MENAFN) The potential shutdown of the Strait of Hormuz, a major concern amid rising military conflict between Iran and Israel, could have serious repercussions for the world economy, Greece’s Minister of Shipping cautioned on Friday. Vassilis Kikilias …

    Distribution channels: ...
  • Published on June 22, 2025 - 06:29 GMT

    Platinum Hits 10-Year Peak

    (MENAFN) The cost of platinum per ounce soared to a decade-high of USD1,352 on Friday, driven by intense market swings linked to international trade disputes, political instability, and ambiguity surrounding the Federal Reserve’s upcoming strategies. This …

    Distribution channels: ...
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