West Africa remains quiet with limited visibility. December cargoes are largely covered, while January remains wide open. OPEC+ maintains bullish 2026 demand outlook. As we approach mid-December, VLCC activity in the Arabian Gulf has...

Floating glut hits 2.5-year high. Prices fall, export revenues stagnate. India's imports are seen dropping sharply. Russia is ramping up its crude oil shipments onto tankers at an unprecedented rate, but many of these...

The UP World LNG Shipping Index rebounded 1.03% to 162.37 points, recovering from last week’s long-term support test, while the S&P 500 declined 0.63%. However, the recovery remains tentative—UPI sits just above critical support...

The global tanker fleet is entering 2026 under mounting structural pressures as aging tonnage intensifies supply constraints, reports Safety4sea. While headline fleet numbers continue to show moderate growth, the underlying age profile of vessels paints...

China’s oil market is expected to weather the immediate impact of recent disruptions to Venezuelan crude exports, supported by ample global supply, cargoes already en route, and subdued domestic demand, reports Reuters. Recent enforcement actions...

Several oil tankers bound for Venezuela have abruptly changed course after U.S. authorities seized a cargo of Venezuelan crude, reports Reuters. The move highlights growing caution among vessel operators amid stricter enforcement of U.S. sanctions...

CMB.TECH NV, a leading global maritime group focused on innovation and decarbonisation, has announced a strategic investment aimed at strengthening its position in the emerging green ammonia market, reads in official press release. The company...

The Swedish Club has issued its Monthly Safety Scenario for December, describing an oil overflow incident during bunkering operations on a bulk carrier caused by a valve not fully closing after a last-minute tank...

Learn how semi-submersible heavy lift vessels transport massive offshore oil rigs. This video covers vessel structure, ballast and deballasting systems, loading operations, tugboat coordination, and stability control. Did you subscribe to our daily Newsletter? It’s Free...

Russia has, for the first time, deployed its entire fleet of eight nuclear-powered icebreakers simultaneously to maintain winter shipping lanes in the Gulf of Ob and the Yenisei Gulf, underscoring the strategic importance of...