Shipments of crude to China and India have surged as Moscow redirects supplies from the EU Russia has sharply increased oil shipments to China and India this year, Nikolay Tokarev, the CEO of the Russian […]
A cargo ship was struck by a drone off the coast of the western Indian state of Gujarat on Saturday. The Liberia-flagged chemical products tanker was linked to Israel, according to maritime security firm Ambrey, […]
Tehran has provided tactical intelligence critical to Houthi strikes in the Red Sea, according to the White House The United States has accused Iran of being “deeply involved” in attacks by Houthi rebels on commercial […]
Increased distillate production and slowing economic activities have led to rising diesel stocks and falling prices. Weak manufacturing activity in the U.S. and Europe contributes to reduced diesel demand, easing the market. Geopolitical tensions near […]
Attacks linked to war in Gaza are threatening global trade Oil and gas prices jump as big companies avoid Red Sea Shipping in the Red Sea is grinding to a halt with oil tankers idling and […]
The Northern Sea Route is already a superior alternative to other major global trade waterways, Russian Deputy Prime Minister Yuri Trutnev says Russia is actively expanding trade via the Northern Sea Route (NSR), with shipments […]
China Oil and Gas Pipeline Network (PipeChina) has received the 400th liquefied natural gas shipment at its Tianjin LNG import terminal. The 2019-built 174,000-cbm LNG carrier, Pan Africa, delivered last week the milestone LNG cargo […]
Two missiles launched from territory controlled by Yemen’s Houthi rebels have targeted a commercial tanker near the strategic Bab el-Mandeb Strait, according to a United States official cited by The Associated Press news agency. The […]
Greece’s Minerva Marine has reportedly signed a letter of intent for two LNG-powered tankers with China’s New Times Shipbuilding, according to brokers. The LoI is for two 115,000-dwt LNG dual-fuel LR2 tankers, Intermodal, Allied, and […]
Dynagas LNG Partners, the owner of six LNG carriers which operate under long-term charters, reported a drop in its net income for the July-September period. The NYSE-listed limited partnership formed by shipowner Dynagas posted a […]
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