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US destroys Iranian minelayers near Strait of Hormuz amid rising shipping concerns

US destroys Iranian minelayers near Strait of Hormuz amid rising shipping concerns
The United States military has destroyed several Iranian vessels believed to be capable of laying naval mines near the strategic Strait of Hormuz, as concerns mount over Tehran’s potential efforts to disrupt shipping in the critical waterway. In a post on X, the...
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‘Historic $300 billion deal’: Trump announces Reliance-backed plan for first new US oil refinery in 50 years

‘Historic $300 billion deal’: Trump announces Reliance-backed plan for first new US oil refinery in 50 years
US President Donald Trump on Tuesday (local time) announced what he called a “historic” $300 billion agreement to construct the first new oil refinery in the United States in five decades, with investment support from India’s Reliance Industries. The refinery is...
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Smart Ship Hub and ORBYT Global Group partner to deliver integrated compliance and emissions reporting platform

Smart Ship Hub and ORBYT Global Group partner to deliver integrated compliance and emissions reporting platform
Smart Ship Hub (SSH), a leading vessel optimisation platform, has entered a strategic partnership with maritime technology communications specialist ORBYT Global Group to deliver a fully integrated, single-window digital solution for shipowners, operators and...
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Lauritzen Bulkers Reports Good Performance in a Challenging Year

Lauritzen Bulkers Reports Good Performance in a Challenging Year
Lauritzen Bulkers has announced its 2025 financial results, closing a year characterised by rapid market shifts, tariff-related disruptions, and heightened geopolitical uncertainty. In this environment, we delivered record-high activity levels and solid commercial...
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S Korea, Taiwan, and Singapore vulnerable to lost Qatari LNG

S Korea, Taiwan, and Singapore vulnerable to lost Qatari LNG
QatarEnergy’s force majeure declaration on LNG exports has put Asian buyers into a predicament of having to replace about a fifth of their contracted LNG supply (or a quarter when including spot imports). As the Iran-US war rages on with no imminent end in sight to...
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