Changes are afoot in the Iranian-linked VLCC fleet with just over six weeks until Donald Trump is sworn in as the 47th president of the US. Splash reported on further sanctions aimed at Iran’s tanker […]
Shanghai Waigaoqiao Shipbuilding China’s combined orderbook for merchant ships has grown by a remarkable 170% this decade, stretching its lead over its nearest shipbuilding rivals dramatically. Data from Greek broker Intermodal and Clarksons Research show […]
The US imposed sanctions yesterday on 35 entities and vessels accused of transporting illicit Iranian petroleum to foreign markets in a curtain raiser to potentially a far stricter attitude towards Iran come next month. One […]
Daily Standup Top Stories Trump threatens BRICS December 1, 2024 Clark Savage ENB Pub Note: If the Biden-Harris administration had not weaponized the US Dollar in such a criminal pattern, BRICS would not have gained the […]
China and Iran have devised a complex system of ship-to-ship transfers in the South China Sea to bypass US sanctions on Iranian oil. This clandestine trade network allows China to continue importing significant amounts of […]
Data source: Bloomberg Finance, L.P. Note: Price curves as of November 21, 2024. Dotted lines represent forward prices. LNG=liquefied natural gas; Asian LNG=the JKM price benchmark (representing spot and forward LNG prices in Japan, South Korea, Taiwan, […]
Last week, Atlantic LNG shipping rates slid to a record low, reaching just $15,500 per day. “Spark30S Atlantic rate has increased by $2,000 per day to $17,500 per day compared to last week’s price, although […]
SHI said in a statement the wing sail is a structure in the form of a sail and generates lift through pressure differences between the upper and lower parts of the sail to provide auxiliary […]
Russia’s crude oil exports by sea have dropped to a two-month low of 3.28 million barrels per day. The decline is attributed to reduced shipments from the Baltic, Black Sea, and Arctic ports, while Pacific […]
SHI Samsung Heavy Industries (SHI) has rolled out its own design for an LNG carrier equipped with wind-assisted propulsion. The South Korean shipbuilder has been granted approval in principle by the compatriot class society Korean […]
Copyright © 2026 | Sandstone Group