A vessel chartered by Chevron CVX carrying some 300,000 barrels of Venezuelan oil was set to start discharging at a Venezuelan port on Thursday, according to shipping data and a source. It would be the last tanker to return its cargo following state company PDVSA’s...

Read More

Shifting global trade relations have increased economic uncertainty with serious risks to growth, making it difficult for international banks to provide the medium term outlook effectively, HSBC HSBA Chairman Mark Tucker said on Friday. Speaking at the bank’s annual...

Read More

Greece has approved an international tender for hydrocarbon exploration in four blocks in the Mediterranean Sea, following an expression of interest by Chevron CVX and Helleniq Energy ELPE, the energy ministry said on Thursday. Greece this week issued a ministerial...

Read More

Danish shipping is a strategic asset for Denmark. A new legislative proposal on war insurance will ensure that the Danish merchant fleet can remain insured and continue sailing in the event of war. In an extraordinary situation where Denmark and Danish shipping are...

Read More

TEN, Ltd. (TEN) announced the delivery and naming of two DP2 suezmax shuttle tankers, the “Athens 04” and the “Paris 24”, from Samsung Heavy Industries, Co., Ltd. (“Samsung”) in South Korea and concurrent seven-year employment to a European oil major with options to...

Read More

The US has sanctioned seven companies and two tankers involved in the trade of Iranian petrochemicals and petroleum products, the latest of a steady stream of sanctions that have been issued as the US continues nuclear talks with Tehran. “The President is committed to...

Read More