Qatar’s state energy company, one of the world’s biggest liquefied natural gas exporters, has paused sending tankers through the Red Sea after U.S.-led strikes against Houthi militants in Yemen targeting the crucial trade route. Attacks on ships by the Houthis, who...

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Global consumption of petroleum and other liquids hit a record high last year and is forecast to increase further in both 2024 and 2025, but that does not necessarily mean prices must rise to ensure demand is met. Worldwide consumption averaged 101.1 million barrels...

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Chinese shipyards are busy producing a special type of vessel – known as a ro-ro – to match the nation’s newfound strength in the emerging field of vehicle exports, industry insiders told the Global Times. China’s vehicle industry reached several milestones in 2023,...

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Sea, the intelligent marketplace for fixing freight, is launching a Carbon Exposure solution that will enable customers to effectively measure and integrate their carbon exposure calculations with emissions targets. This addition to Sea’s all-in-one platform for...

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Brave maritime corp. has taken delivery of four new state of the art 40,000 cbm AMMONIA carries from Hyundai shipyard in south Korea!(eco merlin / eco wizard/ eco oracle/ eco sorcerer), The vessels represent the new generation of gas carriers with super-efficient...

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Cash premiums for fuel oil inched higher in Asia on Monday, while Kuwait’s KPC offered more high sulphur fuel oil (HSFO) via tender. The refiner offered 80,000 metric tons of 380-cst HSFO for loading in end-January via a tender that closes on Tuesday, trade sources...

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