Once again, earnings season is approaching and crude, product and LNG tankers are doing very well.

Yemen’s Iran-backed Houthi militias have issued a warning to tankers loading at Yemeni oil terminals firing two armed drones at a Okeanis Eco Tankers VLCC as the vessel called for loading at the Al-Dabba oil terminal in Ash Shihr, Yemen. 

The Biden Administration announced that it would be pulling an additional 15 million barrels of crude oil out of the US Strategic Petroleum Reserve (SPR)- along plans to refill the SPR when crude prices drop.

Scorpio Tankers will buy back eight ships sold under sale and leaseback deals as part of its ongoing debt cutting drive.

While modern international-flagged LNG vessels, with their daily hires approaching stratospheric levels, have been grabbing all the attention, a shipment of LNG, aboard a vessel on a short run between the Dominican Republic, is in the spotlight...

Vinci, in a consortium with Sener. has signed a contract to build Germany's first LNG re-gasification terminal.

Container volume at eight major Chinese ports increased 4.4% year-on-year for late September.

Shanghai is going to expand LNG projects at Yangshan port area with a construction scale of 6m tonnes per year.

Maritime transport of Russian oil and the Russian Maritime Register of Shipping has been included in the latest EU sanctions package against Russia.

Daewoo Shipbuilding & Marine Engineering has received approval in principle for its 86,000 cu m ammonia-fuelled ammonia carrier.