Hook: Iranian tankers are now a floating liability.
U.S. exempted the development of the Chabahar Port in Iran from sanctions on Iran.
Aldubaikhi told Reuters that better days are coming for the industry as of next year.
Nine ocean carrier majors and terminal operators signed to unlock the potential of blockchain.
The previous major overhaul of the STCW regime was last undertaken by IMO member states over 25 years ago.
Sanchi, which sank in January 2018, included in the new U.S. list of sanctioned individuals and entities.
Sanctions against Iran contribute to the increase in tanker rates.
APM Terminals Bahrain is to raise around USD 32 million through its planned initial public offering (IPO).
The US imposed additional security measures on vessels arriving from Iraq as of October 26.
Qatar Navigation (Milaha) ended the first nine months of 2018 with a profit increase of more than 10 percent.
IMO has adopted an action plan to reduce marine plastic litter from ships.
Euronav pointed to three caveats to a more positive outlook for the tanker market.
Industry bodies react to outcomes of IMO’s MEPC 73 meeting.
Nakilat ends the first nine months of 2018 with a profit growth of 8.5%.
