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May 6, 2024
DP World has been expanding its presence in the Asia Pacific region through multiple port collaborations
May 6, 2024
LNG shipping rates and LNG commodity prices are currently low, but the future demand outlook for electricity โ and natural gas โ has been jumpstarted by artificial intelligence data centres
May 4, 2024
Laconia Bay, a ship-to-ship transfer hotspot for Russian crude off the Greek coast, is free from Russian oil-carrying ships for the first time in the past 18 months amid reports of a Greek naval exercise taking place
May 3, 2024
The recent drop in Mexican crude exports looks likely to be brief, but a new refinery will dampen exports more consistently. In Canada, crude from the TMX pipeline should start loading on aframaxes in mid-May
May 3, 2024
Latest purchases brings investment in dry bulk tonnage to $127m in past year
May 3, 2024
The US has sanctioned 25 tankers and four LPG carriers year to date owing to Iran links. These measures have thus far not had a major impact on exports of crude and condensates, according to preliminary figures from tanker trackers at UANI, but the effect could become more pronounced the coming months
May 3, 2024
Carriers are reporting strong demand and high load factors. But Red Sea delays have prompted cargo owners to bring forward orders that may turn into excess inventory
May 3, 2024
Iranian foreign minister announces that the 25 crew of MSC Aries have been released and are free to go home, but MSC Aries itself remains under Iranian control on the grounds that it has โjeopardised the security of navigationโ
May 3, 2024
Russia is shipping refined petroleum to North Korea at levels that exceed UN Security Council limits, according to the White House, which has signalled new sanctions targeting shipments are due later this month
May 3, 2024
Soga says bringing in a new member to The Alliance remains on the table, but it is not an easy task