The US military’s ouster of Venezuelan President Nicolás Maduro could significantly redraw global crude flows, and although the ultimate direction of Venezuelan oil exports remains highly uncertain, any shifts in these flows will materially influence crude tanker...

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Deliveries of low-sulphur gasoil (LGOc1) for January rose to 2,902 lots or 290,200 tons at expiry, down from 791 lots in December, Intercontinental Exchange data showed on Monday. The contract expired at $621 a ton. Source: Reuters

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Hanseatic Global Terminals (HGT) and Grupo Empresas Navieras (GEN), via its affiliate Agunsa Universales S.A. (AGUNSA USA), have reached an agreement regarding the capital structure of Florida International Terminal (FIT). As a subsidiary of GEN, Agunsa Universales...

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Optimum Voyage this month marks its 10 year anniversary, celebrating a decade of supporting shipowners, charterers, and operators with data driven voyage optimization and decision support. Founded by Thor and Martin with a shared belief that better voyages come from...

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InterMaritime Shipmanagement has announced the appointment of Erwin Derlagen as Senior Technical Director, strengthening the company’s executive leadership and technical capabilities. Erwin Derlagen brings more than 40 years of senior maritime and technical leadership...

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Vantris Energy Berhad announced the divestment of its 40 percent equity interest in L&T-Sapura Shipping Pvt. Ltd. (“LTSSPL”) which owns and operates the LTS3000 heavy-lift and pipelay vessel, to its joint-venture partner, Larsen & Toubro Limited (“L&T”),...

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