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EuroDry | 20-F: FY2025 Annual Report
Top EuroDry Insider Quietly Offloads Shares in Latest Market Move
The shipping sector in the Hong Kong stock market has strengthened, with institutions pointing to a "super bull market" for oil transportation, coupled with an "unexpected option" arising from changes in the gray market, sustaining ultra-high prosperity.
The strategic value of oil transportation is becoming increasingly prominent, and the value of China's fleet is expected to exceed forecasts.
Reports indicate that the first supertanker carrying Iraqi crude oil has passed through the Strait of Hormuz.
Market sources indicate that a very large crude oil tanker carrying Iraqi crude has arrived at Mumbai, India. If confirmed, this would mark the first case of Iraqi crude being shipped via the Strait of Hormuz following the resurgence of hostilities in the Middle East.
'We Will Remember': Trump Warns Countries to Help Secure Strait of Hormuz as Shipping Stalls
The oil kingdom is pulling out all the stops! Reports claim that Saudi Arabia is 'securing available oil tankers at sky-high prices.'
①The latest information shows that, to circumvent the risk of suspension at the Strait of Hormuz, Saudi Arabia’s national shipping company Bahri is urgently chartering VLCC tankers at a daily rate exceeding $450,000; ②Shipping data also indicates that a large number of vessels are heading to the Red Sea port to load crude oil, and the port's carrying capacity will face a historic test.