VLCC rates tick down as ships ballast away from China seeking new cargoes
Pipeline capacity not enough to make up for declining Middle East Gulf cargoes
VLCC rates tick down as ships ballast away from China seeking new cargoes Read More »
March 2026
Yang Ming profit plunges as US tariffs and Middle East disruption squeeze box shipping
Taipei-listed boxship and bulker group says its service network and flexible vessel deployment helped it maintain a sixth year in the black
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US scoops up nearly $47M in high bids for second Gulf of America oil & gas lease sale
The U.S. Bureau of Ocean Energy Management (BOEM) has held the second out of thirty Gulf of America (U.S. Gulf of Mexico) oil and gas lease sales under the One Big Beautiful Bill Act, gathering $46.9 million in high bids from multiple players, includin…
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FEED contract marks step forward in Mediterranean’s first CO2 storage project
Dubai-headquartered engineering and services company Kent has won a front-end engineering design (FEED) contract […]
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