Houthi Foreign Minister Jamel Amer said tugs would begin towing the Sounion crude carrier on Sunday, Upstream’s sister publication TradeWinds reported. The Houthi group agreed last week to allow ...
Rising Transportation Demand Fuels Market Expansion The burgeoning demand for transportation is a major driver of the crude oil carrier market. As global transportation grows, so does the need for ...
A Greek-flagged oil carrier has been attacked in the Red Sea in an incident being attributed to Yemen ... While it did not name the vessel, the ship is widely reported to be the Sounion which was ...
There are fears the vessel could soon break apart or explode, risking one of the worst oil spills in recent memory. But on Thursday, the UN said it had purchased a crude carrier that would head to ...