“Since the beginning of the Iran war, global seaborne crude oil shipments have fallen 16% compared to the first nine weeks of 2026, according to Signal Ocean data. This represents a reduction of 7.6 million barrels per day (mbdp) to 38.4 mbpd.
BIMCO: Global Seaborne Crude Shipments Drop 16% Since Start of the Iran War Read More »
Washington began its blockade yesterday while Tehran seeks to set up its toll booth
Iranian tolls? More US tanker chases? Strait of Hormuz blockade details trickle out Read More »
Switzerland-based offshore drilling contractor Transocean has obtained a multimillion-dollar contract extension for one of its ultra-deepwater drillships with Brazil’s state-owned energy giant Petrobras.
The post Transocean drillship scores 1,156-day e…
Transocean drillship scores 1,156-day encore with Petrobras Read More »
Fleet of under fire Middle East liner company starts to shrink
Liner operators snap up tonnage as SeaLead scales back operations Read More »
U.S.-headquartered energy giant Chevron has sealed an asset swap deal with Petroleos de Venezuela S.A. (PDVSA) and its subsidiaries to consolidate focus on strategic assets in Venezuela.
The post Chevron and PDVSA shake hands on asset swap in Venezuela…
Chevron and PDVSA shake hands on asset swap in Venezuela Read More »