Charter rates for oil tankers from the Middle East to Asia surged as escalating tensions between Israel and Iran raised fears of disruption, industry sources told Reuters ....
“Based on the investigation, senior officers of the tanker Eagle S are suspected of aggravated criminal mischief and aggravated interference with telecommunications,” the NBI said in a statement.
Finnish authorities have formally accused senior officers aboard the Eagle S, an oil tanker linked to Russia’s shadow fleet, of criminal misconduct following significant damage to vital undersea ...
However, it is also worth noting that in all the past conflicts that have afflicted the Middle East, the strait has never yet been blocked, although there have been instances when Iran has boarded and detained tankers ... HORMUZ RISKS ... (Reuters ... ....
According to Xclusiv Shipbrokers, the global tanker fleet is confronting a significant aging challenge across all size segments as it evolves toward 2029 ... Handy/MR1 tankers exhibit the highest aging ratio at 34%, with 279 of 829 vessels over 21 years.
In the immediate aftermath of the Israeli attacks, both oil prices and tanker rates moved up ...Tanker rates also rose after the attacks, in particular for VLCCs, the main vessel class for Arabian Gulf exports.