Oil prices jumped more than 2% on Thursday after Iran’s Revolutionary Guards said they targeted a U.S. airbase in response to a U.S. attack in the port city of Bandar Abbas.Brent crude futures LCOc1 rose $2.34, or 2.48%, to $96.63 a barrel by 0701 GMT…
Oil Shoots Up After Iran and US Exchange Air Strikes Read More »
Two supertankers and one liquefied natural gas (LNG) tanker exited the Strait of Hormuz earlier this week with their transponders switched off, and are heading for India and China, shipping data from LSEG and Kpler showed.The vessels joined a number of…
Three Oil and LNG Tankers Exit Hormuz with Trackers Switched Off Read More »
The U.S. military carried out new strikes overnight in Iran targeting a military site that officials believed posed a threat to U.S. forces and commercial maritime traffic in the Strait of Hormuz, a U.S. official told Reuters on Wednesday.The official…
US Carries Out New Strikes on Iran Read More »
Last weekend, the container ship Eco Levant, operated by X-Press Feeders, was bunkered with ethanol in the port of Rotterdam. It is one of the first times worldwide, and the first time in Rotterdam, that a bunker vessel supplied ethanol to a…
First Ethanol Bunkering in Rotterdam Port Read More »
Québec-based Davie and UK-based Kraken Technology Group have announced a strategic collaboration to establish Canadian production, integration and development of Kraken’s autonomous solutions.Davie will provide Canadian capacity and capability to produ…
Davie and Kraken Team Up on Autonomous Vessels Read More »