The Omani Port of Salalah, located on the Arabian Sea, came under attack on Saturday morning, March 29. The government’s official news agency condemned an Iranian attack, saying it was impinging on its sovereignty while noting that the port was providing a vital...
China marked the next milestone in its efforts at expanding the domestic cruise industry with the float-out of its second large domestically built cruise ship. Built for China’s Adora Cruises, the ship will enter service this year, and the company reported it intends...
Iranian officials on Friday, March 27, reported that one of the abandoned vessels has now drifted across the Persian Gulf and grounded on one of their islands. The danger from the 20 commercial ships that have been attacked since the start of the war adds another...
M alaysia’s finance ministry announced price hikes on diesel and other transport fuels for the second week in a row, driven by surging oil costs as a result of the ongoing conflict in the Middle East. The cost of the subsidised RON95...
KUALA LUMPUR, March 19 (Xinhua) — Ongoing energy disruptions resulting from the continuing conflict in the Middle East have resulted in spillover effects on the Southeast Asian region, particularly affecting the energy price, trade logistics and food security....
From March 1 to 19, commodities carriers made just 114 crossings, according to analytics firm Kpler — a decrease of 95 percent from peacetime. Of these, 69 crossings were by oil tankers and more than half were loaded, Kpler data showed, with most travelling east...
