Shipowners reject profiteering claims: ‘If your vessel is in danger of being shot at, you are asking for more money’
Cash-rich owners are reinvesting profits from disrupted markets to make their business more flexible
Maritime News
VLCCs could flee Middle East and pressure sky-high Atlantic earnings
More attacks on ships could see tanker owners avoid the Middle East altogether
VLCCs could flee Middle East and pressure sky-high Atlantic earnings Read More »
Transocean rig’s drill bit turns as Amplitude opens new chapter in East Coast gas hunt
Amplitude Energy, an Australian gas production company focused on supplying the Southeast domestic gas market, has begun drilling an exploration well off the coast of Victoria, targeting an estimated 48.8 billion cubic feet (bcf) of prospective gas, as…
Transocean rig’s drill bit turns as Amplitude opens new chapter in East Coast gas hunt Read More »
Lomar bulker cuts fuel use by a quarter using new hybrid hydrogen system
Shipowner completes first voyage to test out US partner Newlight’s technology
Lomar bulker cuts fuel use by a quarter using new hybrid hydrogen system Read More »
Heidmar bounces back to profit as suezmax tanker rates soar in Europe
Pankaj Khanna-led operation says freight costs could move higher in the rest of 2026
Heidmar bounces back to profit as suezmax tanker rates soar in Europe Read More »