Sanctions and the shadow fleet
Sanctions on crude and product trades have created a parallel fleet of ageing tankers with opaque ownership, patchy class records and uncertain insurance. For ports, surveyors and service companies the practical question is due diligence: who owns the vessel, who insures it, and what happens if it needs repairs.
Hormuz deal nears, but risks remain high
The Hormuz Strait agreement is close, yet shipping industry warned that risks will stay intense, according to Lloyd's List.
US sanctions lead to SeaLead Shipping's liquidation
Former high-growth container carrier SeaLead Shipping has ceased trading after facing US sanctions, marking the end of its operations.
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