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 […]
LNG giant Shell expects trading and optimization results for its integrated gas business in the second quarter of this year to be in line compared to the same quarter last year. However, the results will […]
In Japan, a project to develop the world’s first tanker powered by liquefied hydrogen is pressing ahead. ClassNK has issued an approval in principle (AiP) for a design concept of a small hydrogen-fuelled oil tanker […]
Additional tonne-miles in 2024 could smash records, according to new analysis from Clarksons Research. If the Red Sea shipping crisis persists throughout the year – as many analysts are now forecasting – Clarksons estimates shipping […]
ADNOC Logistics & Services (ADNOC L&S) has awarded construction contracts for at least eight LNG carriers to Samsung Heavy Industries and Hanwha Ocean. The shipping and maritime logistics arm of Abu Dhabi National Oil Company […]
Newbuild prices are on track to surpass the dizzy peaks achieved in 2008. The newbuild price index conducted by Clarksons Research has risen 5% since the start of the year, and now stands just 2% […]
In the Energy News Beat – Conversation in Energy with Stuart Turley interviews Irina Slav, a renowned energy writer from Bulgaria, discussing various global energy issues and geopolitical developments. They cover topics such as the […]
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