The United States has imposed a fresh wave of sanctions targeting Iran’s petroleum and petrochemical sectors, escalating its “maximum pressure” campaign to curb Tehran’s oil exports and nuclear ambitions. These measures, announced in recent months […]
In a bold statement that underscores Europe’s shifting energy landscape, Patrick Pouyanne, CEO of TotalEnergies SE, declared that Europe is well-positioned to withstand a proposed ban on Russian gas imports by 2028. Speaking at an […]
The U.S. Treasury Department has announced a fresh wave of sanctions targeting Iran’s illicit oil trade, specifically focusing on its elusive “dark fleet” network, a shadowy system of vessels and operators that smuggle Iranian oil […]
Gianluigi Aponte’s Mediterranean Shipping Co (MSC) is pressing ahead with megamax containership fleet expansion through a new shipbuilding deal in China. The Swiss-based liner giant has ordered up to six 22,000 teu newbuilds from China […]
EIA said in its weekly report, citing shipping data provided by Bloomberg Finance, that the total capacity of these 30 LNG vessels is 113 Bcf. The agency did not release its weekly report in the […]
“Spark30S (Atlantic) freight rates remained relatively steady this week, dropping by $1,000 to $48,750 per day this week,” Spark’s data lead Qasim Afghan told LNG Prime on Friday. In comparison, Spark25S (Pacific) rates continue to rise, increasing […]
China, the world’s largest importer of liquefied natural gas (LNG) and crude oil, is experiencing a sustained decline in LNG imports for the eighth consecutive month in June 2025. This trend, coupled with shifts in […]
Japan, once the undisputed titan of global shipbuilding, is embarking on an ambitious journey to rejuvenate its maritime manufacturing prowess, aiming to double its shipbuilding output by 2030. This bold strategy, spearheaded by the ruling […]
The Strait of Hormuz, the narrow waterway connecting the Persian Gulf to the Gulf of Oman and the Arabian Sea, remains one of the world’s most critical and volatile energy chokepoints. Recent reports of widespread […]
Daily Standup Top Stories The Iran Retaliatory Strike on the U.S. Airbase in Qatar: A Page from the De-Escalation Playbook June 23, 2025 Clark Savage On June 23, 2025, Iran launched a missile attack on the […]
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