The Philippine Department of Migrant Workers (DMW) confirmed on Thursday that three more Filipino seafarers from the attacked and sunken vessel Eternity C have been rescued in the Red Sea, bringing the total number of […]
While the Red Sea has roared back to the front pages of the shipping press this week, and the Black Sea remains blighted by war, one other chokepoint that has caused supply chain chaos in […]
The global shipping industry has been rocked by two deadly attacks this week in the Red Sea, with Yemen’s Houthi rebels launching their most violent maritime campaign since early 2024, killing at least three seafarers, […]
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 […]
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