(Reuters) – Insurance companies are cancelling war risk coverage for vessels in the Gulf as the widening Iran conflict disrupted shipping, leaving at least four tankers damaged, a seafarer killed and 150 ships stranded around the Strait of Hormuz. Shipping through the strait between Iran and Oman, which carries around one fifth of oil consumed…
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Tropical Shipping has ordered four Konecranes Gottwald ESP.6 Mobile Harbor Cranes to strengthen container handling operations in Florida and the U.S. Virgin Islands. The order was booked during the second quarter of 2026, with delivery and commissioning scheduled for the second quarter of 2027.
Asharp increase in the cost of transporting petroleum products into West Africa is driving up fuel import costs, latest market intelligence from S&P Global Commodity Insights has shown.