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HomePress

Press

Press Releases

Electrical Generation / Utilities

AC vc DC: who would win a modern Battle of the Currents?

August 12, 2025 Mariel Alumit

Recently, I was asked: what if Edison had won the Battle of the Currents? As power grids today are increasingly dominated by inverter-based generation, could a direct current (dc) grid be more effective than the […]

GPS spoofing
Crude Oil News

Shipowners warned GPS spoofing groundings may not be covered by insurance

August 9, 2025 Mariel Alumit

The Association of Average Adjusters (AAA) has issued a warning to the maritime sector, highlighting the growing legal ambiguity around insurance claims involving vessel groundings linked to GPS spoofing. In a new discussion paper, the […]

Panama
Crude Oil News

Panama cracks down on STS transfers in bid to clean up fleet

August 9, 2025 Mariel Alumit

The Panama Ship Registry has become the first flag in the world to implement stricter controls and mandatory traceability for offshore ship-to-ship (STS) transfers of hydrocarbons. Non-compliance—depending on its severity—may lead to the cancellation of […]

Norway
Crude Oil News

Norway to demand insurance disclosure from foreign tankers

August 8, 2025 Mariel Alumit

Norwegian authorities will require foreign-flagged tankers operating within the country’s economic zone to disclose their insurance arrangements starting August 11. The new rule, announced by Norway’s coastal administration, is part of a broader push to […]

Crude Oil News

Trump slaps India with new tariffs over Russian crude ties

August 8, 2025 Stu Turley

U.S. President Donald Trump has signed an order imposing an additional 25% tariff on goods from India, in response to the country’s continued imports of Russian energy, the White House said on Wednesday, a move […]

Crude Oil News

The Grey or Sadow fleet grows faster than enforcement can keep up

August 8, 2025 Stu Turley

Tankers The growth in the number of sanctioned ships has accelerated over the past year. Analysts at Kpler have been tracking the sanctioned fleet over the past five years. The count of vessels under sanction […]

Geopolitical

Shadow tanker fleet still growing by 30 ships a month despite increased sanctions

August 6, 2025 Stu Turley

RegulatoryTankers Despite a torrent of sanctions from the US, UK, and EU this year, the shadow tanker fleet continues to expand at pace, according to new figures from broker BRS. The so-called grey fleet (see […]

SeaLead
Geopolitical

SeaLead drops 16 boxships after US sanctions target Iranian-linked fleet

August 5, 2025 Mariel Alumit

Singapore-based container carrier SeaLead has been forced into a dramatic fleet reshuffle after terminating the charters of 16 container vessels in response to fresh US sanctions. The move comes just days after the US Treasury’s […]

Finance

Hutchison faces court challenge for control of ports in Panama

August 2, 2025 Stu Turley

AmericasPorts and Logistics The future of two of Panama’s most strategic ports is hanging in the balance after president José Raúl Mulino said on Thursday that public-private partnerships could assume control of the Balboa and […]

Malaysia
Crude Oil News

Malaysia cracks down on illegal ship-to-ship transfers

August 2, 2025 Mariel Alumit

Malaysia has introduced new regulations to combat illegal ship-to-ship (STS) oil transfers in its territorial waters, a move that could disrupt operations of the so-called shadow tanker fleet moving sanctioned oil to China. Under the […]

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