Mitsui O.S.K. Lines, Ltd. announced that its Singapore Sub-Headquarters, MOL (Asia Oceania) Pte. Ltd. (MOLAO; Managing Director: Sakura Kuma; Headquarters: Singapore) has decided to participate for the first time as an innovation partner in the PIER71TM (Note 1) Smart...

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Sellers of Iranian oil to China are offering deeper discounts this month as they look to reduce inventories and as independent refiners slow their buying due to a jump in crude prices, traders and analysts said. Iranian Light crude oil is being traded at $3.30-$3.50 a...

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“Every owner’s playbook needs to keep a line of sight on three things – regulation, technology readiness timelines and boundary conditions – and must include the elements needed for a short-, mid- and long game such as energy retrofits, electrification and nuclear.”...

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Much focus from energy companies tracking hostilities between Israel and Iran has been on higher oil, gas and LNG prices but compromises to critical regional shipping data pose risks both to safety and wider data analysis. The corruption of the automated ship signal...

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Clean LR2 LR2’s in the MEG saw the inevitable spike this week. The TC1 75kt MEG/Japan index sailed up 91.95 points to WS211.39. A TC20 90kt MEG/UK-Continent trip also went from $3.56mill to $5.17mill. West of Suez, Mediterranean/East LR2’s also ticked up $251,000 over...

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U.S. Secretary of State Marco Rubio on Sunday called on China to encourage Iran to not shut down the Strait of Hormuz after Washington carried out strikes on Iranian nuclear sites. Rubio’s comments on Fox News’ “Sunday Morning Futures with Maria Bartiromo” show came...

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