Achieving a price signal of this magnitude will be challenging, but without it, the economics are unlikely to support the transition to new fuels at scale’ ...
For mainstream shipping, insurance and banking, Hormuz remains governed by Western compliance rules. London’s insurers have already moved to prevent vessels from paying for passage, while the US ...
US sanctions have exposed the financial plumbing behind Iran’s controversial Hormuz Safe scheme, alleging that a cryptocurrency exchange linked to sanctions fixer Babak Zanjani processed payments from ...
Shipowners are spotting potential in new routes that transit through some remote parts of the globe, but are they really factoring in the worst case scenario in their decision-making?