Highly effective US sanctions against Iran, that have cut its oil exports to just 350,000 barrels per day (bpd), leaving commercial shipping in the Strait of Hormuz as potential pressure point warns Mike Salthouse of North P&I.
Saudi Arabia's new Maritime Law which came into force in July will give shipowners calling at the country's ports and operator vessels such as OSVs in its waters a greater level of certainty and comfort according to Clyde & Co.
It is well recognised that when it comes to sea transportation Greek shipowners are among the leading players in most sectors. This is reflected in the fact that there are 72 Greek ownerships currently operating fleets of over 1m dwt each, the...