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Greek Operated Tanker Transits Strait of Hormuz With Saudi Crude Bound for India
A Greek managed oil tanker carrying Saudi crude has sailed through the Strait of Hormuz, according to vessel tracking data. The voyage ...
Trump Calls on Foreign Tankers to Resume Oil Shipments to Asian Markets
Former US President Donald Trump has urged international shipping companies to restart crude oil deliveries to Asian buyers as disrupti...
EU Imports of Russian Arctic LNG Continue Despite Upcoming 2027 Ban
European importers remain the dominant buyers of liquefied natural gas produced in Russia’s Arctic, even as the European Union prepares...
Azerbaijan Could Disrupt Iran’s Caspian Sea Shipping Corridor
Rising tensions between Azerbaijan and Iran could affect commercial shipping across the Caspian Sea. Analysts suggest that Baku may con...
Bangladesh Ship Recycling Sector Faces Conflict of Interest Concerns
Bangladesh has emerged as one of the world’s leading ship recycling destinations. Each year, a large share of the global merchant fleet...
Iraq Oil Production Plunges as Strait of Hormuz Shipping Halt Disrupts Exports
Iraq’s oil industry has suffered a severe operational shock after maritime traffic through the Strait of Hormuz effectively stopped due...
U.S. Defends Sanctions Waiver Allowing Limited Russian Oil Tanker Activity
The United States government has defended a sanctions waiver that temporarily allows certain Russian oil transactions to continue, argu...
Japan Prepares Strategic Oil Reserve as Strait of Hormuz Disruption Threatens Supply
Japan has started preparations to release crude from its strategic oil reserves as tensions involving Iran threaten tanker traffic thro...
Oil Spill Response Underway at Louisiana Offshore Oil Port
Authorities and response crews are working to contain and clean up an oil spill at the Louisiana Offshore Oil Port, one of the most imp...
MSC Introduces Emergency Fuel Surcharge on Key Container Routes
Mediterranean Shipping Company (MSC) will introduce an emergency fuel surcharge on container shipments moving from the Mediterranean an...