Israel warns Iran against closing Red Sea shipping lane 

Israel would deploy its military if Iran were to try to block the Bab al-Mandeb strait…

17 seafarers abandoned off Iran

A total of 17 seafarers were abandoned on Kish Island, Iran, some for more than a…

Iran threatens retaliation against U.S. oil export ban

Iran will react with equal countermeasures if Washington tries to block its oil exports, the foreign…

U.S. sanctions: CMA CGM ends Iran operation

By Reuters  One of the world’s biggest cargo shippers announced on Saturday it was pulling out of Iran…

Maersk Line promises to respect US sanction on Iran 

World number one container carrier, Maersk Line on Thursday said it had initiated preparations to ensure…

Turkey: U.S. ban on oil imports from Iran non-binding

Turkish Economy Minister, Nihat Zeybekci, said on Wednesday that the U.S. demand to stop importing oil…

OPEC agrees to hike in oil supply

  The Organization of the Petroleum Exporting Countries (OPEC) on Friday agreed on a modest increase…

U.S. to impose ‘strongest’ sanctions on Iran- Pompeo

  The United States Secretary of State, Mike Pompeo, on Monday threatened to impose the “strongest…

MSC stops bookings for Iran

By Reuters The world’s No. 2 container shipping line MSC said on Wednesday it would stop…

Maersk Tankers to wind down customer agreements in Iran

  Danish oil product tanker operator Maersk Tankers said on Wednesday it would wind down its…

Maersk, MSC reviewing Iran operations

The world’s top two container shipping groups Maersk Line and MSC are reviewing their Iran operations…

Drewry: Iran sanctions could leave 20 VLCCs without work

By Jite Eriabie   The likely oil exports decline from Iran stemming from the planned reimposition of…