About 10 million barrels of Russian crude oil have been stranded off the coast of South Korea thanks to U.S. sanctions, traders and shipping data told Reuters on Friday. The 10 million barrels, carried by […]
DUBAI, Jan 27 (Reuters) – Commodities trader Trafigura said on Saturday it was assessing the security risks of further Red Sea voyages after firefighters put out a blaze on a tanker attacked by Yemen’s Houthi […]
Houthi attacks in the waterway have prompted many companies to redirect vessels to longer and more expensive routes The cost of shipping fuel by sea has in some cases soared above $100,000 a day […]
The vessel shipping for trading giant Trafigura is reportedly transporting Russian-origin naphtha for making plastics, gasoline A petroleum-products tanker operated on behalf of Trafigura was struck by a Houthi missile in the Gulf of Aden […]
Spot charter rates for the global liquefied natural gas (LNG) carrier fleet fell for the eighth consecutive week, while European prices rose slightly compared to the last week. Last week, spot charter rates dropped below […]
A joint venture consisting of China Gas, Wah Kwong Maritime Transport, and CSSC Shipping is expected to order two more liquefied natural gas (LNG) carriers from Dalian Shipbuilding Industry (DSIC) this year, according to shipbuilding […]
China’s Guangzhou Shipyard International (GSI) delivered SFL Corporation’s LNG dual-fuel pure car and truck carrier, Odin Highway. This PCTC will serve a charter deal with Japan’s K Line. CSSC’s GSI handed over the vessel with […]
Qatar rerouted three vessels heading to Europe via Suez Canal Russia also avoiding key waterway as Houthi attacks continue Liquefied natural gas suppliers, including Qatar and Russia, are avoiding the Red Sea amid heightened risk […]
Houthi attacks from Yemen on commercial vessels in the Red Sea and Gulf have generated major disruption across key shipping artery The cost of transporting cargo through the Red Sea and the Suez Canal, a […]
DUBAI, Jan 11 (Reuters) – Iran seized a tanker with Iraqi crude destined for Turkey on Thursday in retaliation for the confiscation last year of the same vessel and its oil by the United States, […]
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