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HomePress

Press

Press Releases

Commodities

Huge Meeting at the U.S. White House – Saudi Arabia Deploys $1 Trillion Into the U.S.

November 18, 2025 Clark Savage

In a landmark diplomatic and economic event, U.S. President Donald Trump hosted Saudi Crown Prince Mohammed bin Salman (MBS) at the White House on November 18, 2025, marking a significant escalation in bilateral ties. During […]

Carbon Credit

EU Faces Backlash from U.S. and Qatar Over Climate Mandates

October 23, 2025 Andy Del Prado

Daily Standup Top Stories EU’s Climate Rules Have Caused a Response from the US and Qatar, Issuing Trade Threats October 22, 2025 Clark Savage In an escalating tension over global energy trade, the European Union’s push […]

ENB Pub Note

Abaxx Confirms Growing Trading Activity in its North Pacific-Asia and US Gulf of Mexico LNG Futures

October 21, 2025 Clark Savage

ENBPub Note: I just interviewed Joe Raia, Chief Commercial Officer at Abaxx Commodity Futures Exchange and Clearinghouse and it has been turned into production for release next week. This press release from Abbaxx is huge […]

Crude Oil News

Shadow tanker accused of being Europe’s drone mothership

October 4, 2025 Stu Turley

EuropeTankers MarineTraffic / Gianluca Balloni (Boracay under previous name) The Boracay, an 18-year-old Russian-linked tanker seized by French commandos off Brest this week, has been placed at the scene of up to nine drone incidents […]

Coal

Coal trade faces rare back-to-back decline

September 26, 2025 Stu Turley

AsiaDry CargoGreater China Global coal trade is forecast to shrink in 2025, the first drop since the covid-19 shock of 2020, with another fall expected in 2026. If confirmed, this would be the first consecutive […]

Finance

Seatrium offloads US shipyard to Karpowership

September 24, 2025 Stu Turley

Seatrium Singapore shipyard group Seatrium has sold its AmMFELS yard located at Brownsville, Texas, for a consideration of S$65m ($50.6m) to Karpower Valley, a related party of Karpowership. Seatrium stated that the accretive divestment would […]

VLCC rates
Crude Oil News

Surging VLCC rates propel ClarkSea Index to two-year high

September 23, 2025 Stu Turley

– Surging VLCC rates have seen the cross-sector ClarkSea Index, a weighted average of tanker, bulk carrier, containership, and gas carrier earnings managed by Clarksons Research, reach a two-year high of $29,888 per day as […]

Comoros
Crude Oil News

Comoros takes action on dark fleet

September 23, 2025 Stu Turley

Israeli maritime analytics firm Windward is reporting that the government of Comoros has begun a clean-out of its international registry, a flag which has been central to sanctions-circumventing dark fleet tankers shipping Russian, Iranian and […]

London
Financial Crisis

Splash Wrap: Net zero dogfight erupts in London

September 20, 2025 Stu Turley

The hundreds of events across the British capital that made up London International Shipping Week have served as a sounding board over the past few days for backers and opponents of the International Maritime Organization’s […]

HD Hyundai
Press

HD Hyundai eyes US yard in bid to cash in on Trump’s shipbuilding revival

September 20, 2025 Mariel Alumit

South Korea’s HD Hyundai Heavy Industries has confirmed it is in talks with multiple firms to buy a US shipyard, a move aimed at tapping into Washington’s resurgent naval build-up under president Donald Trump. A […]

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