PetroChina Delivers China’s First ULSFO Bunkering at Yangshan Port
PetroChina produced about 10,000 mt of ULSFO.
Refuels 875 mt at about Platts’ LSMOG delivered Singapore minus $20/mt.
H1 Singapore's ULSFO bunker sales stand at 4,500 mt.
PetroChina has produced about 10,000 mt of...
Strait of Hormuz and the Strategic Calculus of Iran’s Deterrence Doctrine
Iran utilizes the Strait of Hormuz as a geopolitical pressure point to deter threats without resorting to direct conflict.
The nation’s “active defense” strategy blends asymmetric warfare with legal and psychological tactics.
Disrupting...
AD Ports Signs 50-Year Deal with Emirates Food Industries
New Grain Storage Complex Planned at Khalifa Port.
Strategic Agreement Boosts UAE’s Food Security Infrastructure.
150,000-Ton Grain Facility to Enhance Supply Chain Resilience.
AD Ports Group has just signed a groundbreaking 50-year land lease...
Delaware River Oil Spill Exposes Critical Lapse in Pre-Transfer Communication
Coast Guard Urges Face-to-Face Pre-Transfer Conferences After Spill.
Safety Standdowns Recommended Following 4,200-Gallon Oil Discharge.
Unannounced Compliance Checks Advised After DOI Lapses Lead to Spill.
A recent oil spill on the Delaware River has...
CK Hutchison in Talks to Invite Chinese Investor for Ports Sale after Beijing’s Scrutiny
Hutchison Ends Exclusive Talks, Opens Bidding After Regulatory Concerns.
China Flags Competition Review, Pressures Ports Deal Restructuring.
Geopolitical Tensions Cloud Sale of Panama Canal Ports.
CK Hutchison announced on Monday that it’s in talks...
Tanker Detained for Unauthorized Anchoring in Johor Waters
MMEA Intercepts Vessel Off Tanjung Segenting for Lack of Permits.
18 Crew Held After Tanker Anchors Without Approval in Malaysia.
Foreign Tanker Detained While En Route to Vietnam.
The Malaysian Maritime Enforcement Agency (MMEA)...
Houthis Threaten All Ships Linked to Israeli Trade
Red Sea Tensions Rise as Houthis Expand Naval Blockade.
Houthi Rebels Escalate Attacks, Target Global Shipping Firms.
Greek-Owned Ships Attacked as Houthis Step Up Campaign.
The Houthi rebel group in Yemen has announced that...
Cadet Fatality Linked to Fume Inhalation and Delayed Medical Action
This incident summary is based on a case study provided by Britannia P&I Club. It describes the fatal outcome of inadequate medical response aboard a bulk carrier and highlights significant gaps in safety procedures,...
Tanker Market Report Indicates Stable Med Levels And Rising TD18 Rates
The handy segment in Northwest Europe saw strong demand early in the week, tightening tonnage and lifting TD18 rates to WS242.5, with further firming expected.
Mediterranean Handies remained steady at WS240, though East...
General Dynamics Q2 Profit Beats Forecasts on Submarine and Jet Demand
General Dynamics posted stronger-than-expected Q2 results, supported by high demand in its marine and aerospace segments.
Combat systems revenue dipped slightly due to a cancelled Pentagon contract and supply chain delays, but the...