Rising geopolitical tensions around the Strait of Hormuz are underscoring a critical reality for the global maritime industry. Despite accelerating decarbonisation efforts, the world economy, and shipping in particular, remains deeply dependent on traditional oil and...

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The US has few clear or favorable strategic options in its conflict with Iran, former US Secretary of Defense James Mattis said March 23, as US and Israeli attacks have significantly degraded Iran’s military capacity but are unlikely to prevent the country’s regime...

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The US government’s 60-day waiver could improve regional supply logistics, but the incremental demand for international tankers is expected to remain limited. Freight rates are surging on the imminent need to transport products, but a prolonged disruption of the...

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The escalating conflict in the Middle East and the blocking of the Strait of Hormuz is set to become a major operational challenge for ship maintenance and safety, and not just for those ships operating in and around the Gulf. Condition Monitoring Technologies (CMT),...

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