The Arab League, officially known as the League of Arab States, was formed in Cairo on 22 March 1945 in order to provide a political forum for the Arab nations. The League is organised into a council, special committees, and a permanent secretariat. The council is made up of all the member states... Please follow the link to continue reading.
As a result of increasing tension in the Persian Gulf area following recent attacks on two tankers, War Risk underwriters are charging additional premiums (AP) for calls to the Arabian Gulf/Gulf of Oman. Some underwriters are charging a flat rate for all tonnage operating in the area, while others a... Please follow the link to continue reading.
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We estimate that crude tanker demand will increase by 6.5-7.5% in 2024 and 2-3% in 2025. Cargo growth is forecast to be 2-3% in 2024 and 1-2% in 2024. Increased sailing distances due to the Red Sea crisis are expected to lift demand in the first half of 2024, whereas the continued shift of crude sup... Please follow the link to continue reading.
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