Persian Gulf News

28 May 2020

US Maritime Sanctions Advisory: Navigating Choppy Waters

A North Korean-flagged tanker conducts a ship-to-ship transfer with a vessel of unknown nationality in November 2019. (File photo: Japanese Ministry of Defense)

In May 2020, the US Department of State, US Department of the Treasury‚Äôs Office of Foreign Assets Control (OFAC), and US Coast Guard issued a joint Sanctions Advisory for the Maritime Industry. The advisory builds on and expands several prior sanctions advisories for the maritime community issued in 2018-19.The advisory is intended as a guidepost to help participants in the maritime sector achieve the desired level of compliance. Most of the guidance is couched in the language of suggestion (e.g., parties ‚Äúmay wish to consider‚Ķ‚ÄĚ), rather than as a mandate.

20 May 2020

After US Warning, Iran Says its Navy Will Still Operate in Gulf

Iranian Islamic Revolutionary Guard Corps Navy (IRGCN) vessels approach U.S. Military ships in international waters of the North Arabian Gulf. (U.S. Navy photo)

The Iranian navy will maintain regular missions in the Gulf, the ISNA news agency reported on Wednesday, a day after the United States warned mariners there to stay away from U.S. warships.‚ÄúThe naval units of the Islamic Republic of Iran in the Persian Gulf and the Gulf of Oman will continue their regular missions in accordance with professional principles as in the past,‚ÄĚ ISNA quoted an unnamed military official as saying.The U.S. warning to mariners followed U.S. President Donald Trump‚Äôs threat last month to fire on any Iranian ships that harass U.S. Navy vessels.The Bahrain-based U.S.

18 May 2020

Iran Warns US Against Any Move on Fuel Shipment to Venezuela

© MarineTraffic.com

An Iranian news agency close to the elite Revolutionary Guards said on Saturday there would be repercussions if the United States acted ‚Äújust like pirates‚ÄĚ against an Iranian fuel shipment to Venezuela.A senior official in President Donald Trump‚Äôs administration told Reuters on Thursday the United States was considering measures it could take in response to Iran‚Äôs shipment of fuel to crisis-stricken Venezuela.The oil sectors of Iran and Venezuela, members of OPEC, are both under U.S. sanctions.

23 Apr 2020

Iran Says It Will Destroy US Warships if Threatened

Iranian Islamic Revolutionary Guard Corps Navy (IRGCN) vessels conduct unsafe actions against U.S. military ships by crossing the ships' bows and sterns at close range while operating in international waters of the north Arabian Gulf. (U.S. Navy photo)

Iran will destroy U.S. warships if its security is threatened in the Gulf, the head of Iran's elite Revolutionary Guards told state TV on Thursday, a day after U.S. President Donald Trump warned Tehran over "harassment" of U.S. vessels."I have ordered our naval forces to destroy any American terrorist force in the Persian Gulf that threatens security of Iran's military or non-military ships," Major General Hossein Salami said. "Security of the Persian Gulf is part of Iran's strategic priorities."Trump said on Wednesday he had instructed the U.S.

20 Apr 2020

Iran Says It Has Increased Gulf Patrols

Iranian Islamic Revolutionary Guard Corps Navy (IRGCN) vessels cross the bows and sterns of U.S. military ships at close range while operating in international waters of the north Arabian Gulf. (U.S. Navy photo)

Iran‚Äôs Revolutionary Guards warned the United States about its military activities in the Gulf on Sunday, adding that their navy had as a result increased patrols, which would also secure the passage of Iranian ships and combat fuel smuggling.The U.S. military said on Wednesday that 11 Revolutionary Guards naval vessels had come close to its navy and Coast Guard ships, describing the moves ‚Äúdangerous and provocative‚ÄĚ.The Guards‚Äô statement on Sunday, which said Iran will give a decisive response to any mistake by the United States in the Gulf‚Ķ

27 Mar 2020

'Significant' GPS Interference Incidents Reported

© Paul Evan Green / Adobe Stock

The U.S. Maritime Administration (MARAD) is advising vessel operators to exercise extra caution and safe navigation practices after multiple instances of significant GPS interference have been reported over the last year by vessels in port and underway in the eastern and central Mediterranean Sea, the Persian Gulf, and the Port of Shanghai, China.The incidents have resulted in lost or inaccurate GPS signals affecting bridge navigation, GPS-based timing, and communications equipment…

07 May 2020

Opinion: Maritime Freedom & the Global Commons

Freedom of Navigation: The guided-missile destroyer USS Lassen (DDG 82) escorts the merchant vessel Tomahawk through the Strait of Hormuz.
(U.S. Navy photo by Mass Communication Specialist 2nd Class Michael H. Lehman/Released)

‚ÄúFreedom‚ÄĚ ‚Äď the absence of subjection to foreign domination or despotic governmentIt has been decades since international relations in the world order dictated true competition for sea control, sea lines of communication, access to world markets, and diplomatic partnerships. However, it is becoming increasingly alarming that nations such as Iran, China and Russia seek to accumulate/consolidate power and re-define international maritime norms, potentially at the peril of diplomatic‚Ķ

12 Mar 2020

24/7 Voyage Security Risk Assessment … at the click of a mouse

Risk Intelligence System data being assessed at the company’s Hellerup offices, near Copenhagen, Denmark: together with its centers in North America and Singapore, Risk Intelligence provides worldwide maritime transportation security intelligence on a 24/7/365 basis. (Photo: Risk Intelligence)

Risk Intelligence provides security data, information, analysis and assessment to enable safe navigation in areas of risk in an increasingly uncertain worldSince its founding in 2001, Denmark-headquartered security information specialist Risk Intelligence has developed a fully integrated risk assessment and planning tool that provides valid, actionable intelligence to any fleet, on land, in port or at sea, 24/7/365. The company has three information and intelligence products that together assess security risks at sea…

11 Mar 2020

Saudi's Bahri Books 14 VLCCs

Image: Bahri

Saudi Arabian shipping company Bahri chartered more than a dozen very large crude carriers (VLCCs) in Persian Gulf in 24 hours.According to Reuters, the Saudi Arabia‚Äôs National Shipping firm has tentatively chartered as many as 14 super-tankers to ship crude oil to customers worldwide, as the Kingdom follows through with its promise to boost crude oil output.The spike in bookings by Bahri has helped to more than double the charter rates for VLCC amid this week‚Äôs ‚Äėfixing frenzy‚Äô, shipping sources said.

06 Feb 2020

Risk Management with a Mouse Click

Risk Intelligence provides security data, information, analysis and assessment to enable safe navigation in areas of risk in an increasingly uncertain world.Since its founding in 2001, Denmark-headquartered security information specialist Risk Intelligence has developed a fully integrated risk assessment and planning tool that provides valid, actionable intelligence to any fleet, on land, in port or at sea, 24/7/365. The company has three information and intelligence products that together assess security risks at sea…

12 Dec 2019

Iran, Oman Pact to Expand Maritime Transportation

Image:  Ports & Maritime Organization

Iranian and Omani officials have signed a cooperation agreement aimed at boosting maritime navigation, trade and transportation between the two Persian Gulf countries.The agreement was signed in a ceremony attended by senior officials from both sides including the Iranian Minister of Transport and Urban Development Mohammad Eslami and Oman’s Minister of Commerce and Industry Ali bin Masoud al Sunaidy, and heads of the two countries’ ports and maritime organizations.Iranian Transport…

25 Nov 2019

BIMCO: Tanker Shipping and Macroeconomics Outlook

Source: BIMCO, WTO

World growth and trade volumes under pressure, but still positive. A continued slowdown in global growth, as well as a lower trade multiplier will reduce overall demand for shipping for the rest of this year and through 2020.Expectations for global trade growth have also been lowered for 2020; this is now forecast at 2.7%, down from 3%. The WTO cautions that risks to these forecasts are weighted to the downside, with these risks including a potential deepening of trade tensions…

20 Sep 2019

Saudi Attacks, High Demand Leaves U.S. Short on Oil Tankers

© Carabay / Adobe Stock

A disruption in global oil flows following attacks on Saudi Arabian facilities has left U.S. crude exporters without enough tankers to cover rising demand for cargoes, traders and shipping sources said.Missile attacks last Saturday temporarily cut Saudi oil production by more than 5 million barrels per day, or about half the country's output.That set off a scramble for alternative cargoes of crude, particularly in the United States, which lined up available tankers sailing from the Mediterranean, West Africa and continental Europe to pick up cargoes.

27 Aug 2019

RVC Line Charter for Suzuka Express

Image: Vroon

Dutch shipping company Vroon entered recently into a three-to-six time charter deal with Dubai-based RVC Shipping for Suzuka Express, a car carrier.RVC Line is a car-carrier service from Mumbai to the Persian Gulf. It is the first dedicated PCTC (pure car and truck carrier) service catering for Indian Automobile manufacturers."RVC Line’s main objective is Schedule Integrity, with the service designed to ensure sailings are on time, every time," claimed a press release from VroonUsually a vessel will sail on slow speed, around 13 knots.

21 Aug 2019

Gulf Marine CEO Quits in wake of Profit Warning

A Gulf Marine Services Jack Up unit (CREDIT: GMS)

Gulf Marine Services said on Wednesday Chief Executive Officer Duncan Anderson has resigned as the oilfield industry contractor warned a reassessment of its ships and contracts showed profit would fall this year, kicking its shares 12% down.The Abu Dhabi-based offshore services specialist said a review by new finance chief Stephen Kersley of its large E-class vessels operating in Northwest Europe and the Middle East pointed to 2019 core earnings of between $45 million and $48 million…

21 Aug 2019

Iran: Waterways Won't be Safe if its Oil Exports

A US Navy fleet oiler on station. CREDIT: USN

If Iran's oil exports are cut to zero, international waterways will not have the same security as before, its president said on Wednesday, cautioning Washington against upping pressure on Tehran in an angry confrontation between the longtime foes.The comment by President Hassan Rouhani coincided with a remark by Iranian Foreign Minister Mohammad Javad Zarif that Tehran might act "unpredictably" in response to "unpredictable" U.S. policies under President Donald Trump."World powers know that in the case that oil is completely sanctioned and Iran's oil exports are brought down to zero…

09 Aug 2019

MSCI Advisory Strait of Hormuz Precautions

This revised advisory cancels U.S. Maritime Advisories 2019-004 and 2019-008.1. References: U.S. Maritime Alerts 2019-004A, 2019-003A, 2019-002A, and 2019-001A.2. Issue: Heightened military activity and increased political tensions in this region continue to pose serious threats to commercial vessels. Associated with these threats is a potential for miscalculation or misidentification that could lead to aggressive actions. Vessels operating in the Persian Gulf, Strait of Hormuz, and Gulf of Oman may also encounter GPS interference, bridge-to-bridge communications spoofing, and/or other communications jamming with little to no warning.Since May 2019, the following maritime incidents have occurred in this region:Six attacks against commercial vessels (see U.S.

06 Aug 2019

Khorramshahr Port Throughput Rises

Image: Ports & Maritime Organization

Iran's Khorramshahr Port registered a growth of 59% in general cargo loading operation during the last four months."More than 738,483 tons of non-oil goods were loaded in the port of Khorramshahr, which shows an increase of 59% compared to the same period last year," said Nourollah Asadi, Managing Director of Khorramshahr Port and Maritime.Referring to the major export commodities from Khorramshahr Port, he said that Metals, Building Materials, Minerals, Animal Products, Household Appliances…

30 Jul 2019

Rivals Iran and UAE to Hold Maritime Security Talks

© Vladimirs Ozolins / Adobe Stock

Iran was to revive maritime security talks on Tuesday with traditional foe the United Arab Emirates (UAE) in an apparent bid to calm tensions in the Gulf, although a Gulf official described the discussions as routine and technical.The talks follow weeks of heightened political friction around the strategic waterway stemming from hostility between between Tehran and Washington, the main Western ally of Gulf Arab states long wary of the Islamic Republic.The discussions had been off since 2013…

24 Jul 2019

Chabahar Port Signs 11 Investment Contracts

Photo: Ports & Maritime Organization

Chabahar Port, the seaport located in southeastern Iran, on the Gulf of Oman, has signed 11 investment contracts.Considering this, it is expected that by the end of this year significant investments will be made in this port,  said the Director General of Ports and Maritime of Sistan and Baluchestan, Behrouz Aghaei.Aghaei added that 12 companies have already invested in Chabahar port.Due to the increase in annual loading and unloading capacity of Chabahar port, the port offers great investment opportunities‚Ķ

24 Jul 2019

Suez Canal Accounts for 8% of LNG Trade

Map: Energy Information Administration

Total oil flows through the Suez Canal and the SUMED pipeline accounted for about 9% of total seaborne traded petroleum in 2017, and LNG flows through the Suez Canal and the SUMED pipeline accounted for about 8% of global LNG trade."The Suez Canal and the SUMED Pipeline are strategic routes for Persian Gulf crude oil, petroleum products, and LNG shipments to Europe and North America," U.S. Energy Information Administration (EIA) said.Located in Egypt, the Suez Canal connects the Red Sea with the Mediterranean Sea…

23 Jul 2019

France, Germany, Britain Working on Maritime "Observation" Mission in Gulf: Le Drian

Foreign Minister Jean-Yves Le Drian (Photo courtesy of France Diplomatie)

Foreign Minister Jean-Yves Le Drian said France was working with European capitals to improve maritime security in the Persian Gulf but stopped short of backing Britain's call for a naval mission to ensure safe shipping in the region.Jean-Yves Le Drian on Tuesday told lawmakers a de-escalation of tensions was needed several days after Iran seized a British-flagged tanker in the Strait of Hormuz in what London said was an act of "state piracy"."This is why we are setting up a European initiative…

19 Jul 2019

Iran Denies Drone Loss, Gibraltar to Detain Grace 1 longer

The 'Grace 1' will remain in detention until at least August 15th. Image credit: MarineTraffic.com

Iran on Friday denied President Donald Trump's assertion that the U.S. Navy has destroyed one of its drones, saying all of its unmanned planes were accounted for, amid growing international concern that both sides could blunder into a war in the Gulf.In the latest episode to test nerves around the strategic waterway, Trump said on Thursday the drone had flown to within 1,000 yards (914 metres) of the U.S. warship Boxer in a "provocative and hostile action" and had ignored several…

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