Pacific International Lines (PIL) today marked a significant milestone in its fleet renewal programme with the twin naming ceremony of its newest 13,000 TEU LNG dual-fuel container vessels, Kota Elok and Kota Elan, at Hudong-Zhonghua Shipyard in Shanghai. Kota Elok...

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Santos has commenced continuous production operations at the Pikka Phase 1 oil project on Alaska’s North Slope, with the first production wells now online delivering gross production of approximately 20,000 bbl./day. Santos will commence pressure support through...

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Dorian LPG Ltd. (NYSE: LPG) (“Dorian”), a leading owner and operator of modern very large gas carriers (“VLGCs”), today announced that it entered into an agreement with HD Hyundai to build one 90,000 cbm VLGC for delivery in July 2029 for a price of approximately $115...

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The Middle East conflict and blockade of the Strait of Hormuz have disrupted oil supply and pushed shipping fuel prices, like marine gas oil (MGO), sharply higher. In this environment, fuel strategy is no longer just about cost, but also about securing supply and...

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Venezuela’s natural beauty and vast resources were first noted by Spanish navigators in the early 16th century. It was during this period that Alonso de Ojeda named the territory “Venezuela,” or “Little Venice,” inspired by the stilt houses he observed around Lake...

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