Saudi Arabia has halted all oil shipments through the Bab El-Mandeb Strait after two VLCCs operated by the country's national shipping company Bahri were attacked by Houthi rebels in the Red Sea.
The tide of the US as a net importer of oil continues its reversal, with the latest announcement from Enterprise Products Partners LP (EPD). The energy “mid-streamer” said that it was in the final stages of evaluating an investment in a terminal...
DHT Holdings is the latest large tanker owner to take the plunge on retrofitting Alfa Laval scrubbers to 12 very large crude carriers (VLCCs) to meet the requirements of the International Maritime Organization's (IMO) 0.5% sulphur cap global from...
For tanker owners, there is much at stake on 22 June when OPEC oil ministers gather in Vienna for what is likely to be a particularly bad-tempered meeting.
Bahrain shipyard ASRY has been contracted by Arab Maritime Petroleum Transport Co (AMPTC) to install ballast water treatment systems (BWTS) on part of its fleet.
Shipping is definitely on its way out of the recession but there is still some way to go. This was one of Martin Stopford’s key messages as he spoke to journalists at a press conference in Hamburg on Friday, held in advance of this year’s record...