News Flash

World oil supply will rise more rapidly than expected this year and next as OPEC+ members further increase output and...

TMS Cardiff Gas has reported a 34 percent reduction in negative SIRE 2.0 observations across its LNG and LPG fleet...

Ocean imports to the United States may have peaked in July after retailers raced to bring in goods from China...

Fewer deals were heard in China for the Russian Urals crude cargoes relinquished by Indian buyers this week, as market...

July was the busiest month on record in the 117-year history of the Port of Los Angeles. The Port handled...

The recent International Court of Justice (ICJ) advisory opinion has shifted climate justice from a political ambition to a binding...

The US and a group of eight petrostates have made renewed attempts to thwart the International Maritime Organization’s new decarbonization...

During the first seven months of 2025, Nigeria’s seaborne imports of clean petroleum products (CPP) declined by 39% compared to...

Wood Mackenzie to unveil two additions to its Lens Subsurface platform at IMAGE 2025, delivering Prospect Valuation and AI-powered Analogues....

Asian refiners widely believe that tighter sanctions on Russian oil trades for India adversely affect the Middle Eastern sour crude...

China has taken countermeasures against two banks in the European Union, in response to the bloc placing two Chinese financial...

The Vietnam Food Association has asked the country’s trade ministry to challenge a move by the Philippines to suspend rice...

Closing engineering capacity gaps in Sub-Saharan Africa could be the key to unlocking regional safety and prosperity, according to a...

IMO Secretary-General Arsenio Dominguez has called for vigilance and deeper cooperation among Member States and international partners to address growing...

DNV, the independent assurance and risk management provider, has issued a Second-Party Opinion (SPO) on L&T’s ESG Finance Framework. DNV’s...

The U.S. rejected the “Net-Zero Framework” proposal by the International Maritime Organization, which is aimed at reducing global greenhouse gas...

Ship owners and operators are under pressure to reduce costs without compromising ship reliability and performance – but ship maintenance...

The maritime industry faces a dilemma. On the one hand, there is the need to switch from conventional bunker fuels...