Here are the most read stories of the previous week.
Iranian Foreign Ministry spokesman said that final procedures are under way to send the sailors to their countries.
The vessel appears to have turned off its transponder less than 50 nautical miles off Tartus.
Under the deal, Qatar Terminal Limited subscribed unloading slots at the facility up to 2044.
Energy group ENOC inks deal with IMS Oil to supply lubricants for up to 16 product tankers.
ADNOC Logistics & Services joins the LNG Marine Fuel Institute.
The government spokesman said that the owner and purchaser of the oil will decide the destination of the cargo.
The ship would return to service once it completes repairs, currently ongoing in Dubai.
Profit for the period increased to USD 753 million, representing a growth of 26.8% on a reported basis.
The company and Iran’s Foreign Minister had “a constructive dialogue” on the release of the vessel held since July 19.
Recovering freight rates saw a partial decrease in H1 2019, while bunker prices remained highly volatile.
Australian is to work alongside international partners to assure security of merchant vessels in the Strait of Hormuz.
US DoJ issued a warrant to seize the tanker “based on violations of the International Emergency Economic Powers Act.”
The officials have revoked the vessel’s earlier specified detention with effect from August 15.
