Oil Cushion Softens Blow of Venezuelan Disruption for China
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...
U.S. Enforcement Jolt Forces Tankers to Rethink Venezuelan Oil Runs
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 Strengthens Green Fuel Strategy with China Ammonia Investment
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...
Lessons Learned: Oil Overflow Incident During Bunkering Operations
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...
[Watch] How Oil Rigs are Transported by Semi-submersible Vessel
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.
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Russia Deploys Entire Nuclear Icebreaker Fleet to Secure Arctic Energy Export Routes Amid Growing...
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...
AD Ports Group and Kuwait Ports Authority Partner to Develop Shuaiba Port Container Operations
AD Ports Group (ADX: ADPORTS), a leading global enabler of integrated trade, industry and logistics solutions, today announced the signing of a Memorandum of Understanding (MoU) with the Kuwait Ports Authority (KPA), the principal...
Hapag-Lloyd Announced a Major Fleet Investment with New Dual-Fuel Methanol Container Ships
Hapag-Lloyd has ordered eight new container vessels from CIMC Raffles in China. Each ship will have a capacity of 4,500 TEU. Deliveries are scheduled for 2028 and 2029. Overall, the investment exceeds USD 500...
Spain Launches First Green Maritime Corridor Linking Valencia and Palma
Spain has taken a major step toward cleaner shipping. Baleària, together with the ports of Valencia and Palma, has signed an agreement to create the country’s first green maritime corridor. The project focuses on...
LNG Shipping in 2025: A Quiet Market Until Winter Tightened the Screws
LNG shipping endured one of its weakest full-year performances in 2025, with average rates falling to historic lows despite a sharp and unexpected rally late in the year. For most months, oversupply, muted Asian...