Analysis of satellite and AIS data shows these ships still play a role in Iran’s oil sector, but experts insist the financial restrictions are nonetheless degrading Iran’s capabilities IT IS no secret that tankers engaged […]
A host of entities have been established in Dubai to move Russian gas shipments around the world, in a move that mirrors how Moscow attempted to dodge sanctions for its oil exports. Nur Global Shipping, […]
(Reuters) Two large oil tankers were on fire on July 19, 2024, after colliding near Singapore, the world’s biggest refueling port, with two crew members airlifted to hospital and others rescued from life rafts, authorities […]
Search and rescue operations are underway for the crew of two tankers that caught fire in the South China Sea offshore Singapore. The Maritime and Port Authority of Singapore (MPA) said that a fire broke […]
China and Russia have launched the Arctic Express No 1 rail-sea cargo service. NewNew Shipping and Rosatom are running the service which sees cargo moved by rail from Moscow to the Russian port of Arkhangelsk […]
New data from Vortexa shows VLCC utilisation for OPEC+ – excluding Iran and Venezuela – fell sharply during June and reached a record low earlier this month, as exports from the group, especially Saudi Arabia, […]
Sixteen crew are feared to have perished after a small tanker capsized off Oman on Monday. Search and rescue operations to find the 13 Indians and three Sri Lankans who were onboard the 7,056 dwt, […]
U.S., UK, and EU sanctions have resulted in the idling of dozens of tankers used to transport Russian crude. The stepped-up sanction enforcement has created difficulties for Russia in shipping its oil to customers. The […]
Recent Houthi attacks in the Red Sea have sharply increased, disrupting shipping routes and impacting oil markets, Rystad Energy Global Market Analysis Director Claudio Galimberti said in a market update sent to Rigzone by the Rystad team […]
Despite belligerent rhetoric and videos and images of enhanced military assets, it has now been eight days since the last confirmed incident in the Red Sea reported by merchant vessels to the United Kingdom Maritime […]
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