Oil companies aiming to participate in new exports of Venezuelan crude to the U.S. following the ouster of President Nicolas Maduro are in hasty discussions to find tankers and put together operations to transfer the crude safely from vessels and dilap…
Companies Scramble to Secure Ships to Transfer Venezuelan oil Read More »
U.S. President Donald Trump on Sunday said no more Venezuelan oil or money will go to Cuba and suggested the Communist-run island should strike a deal with Washington, ramping up pressure on the long-time U.S. nemesis and provoking defiant words…
Cuba Defiant After Trump to Cut Venezuelan Oil Read More »
Another layer of uncertainty has been thrown to the already fluid state of the tanker market, after the latest developments in Venezuela. In its latest weekly report, shipbroker Gibson noted that “if anyone expected 2026 to be less eventful than 2025, …
Tanker Market: Venezuela’s Oil Throws Another Layer of Uncertainty Read More »
Capesize The market delivered a mixed but generally softer week, with sentiment gradually weakening despite a brief midweek improvement in Atlantic activity. Following a post-holiday pickup in participation, the Pacific basin remained under consistent …
Dry Bulk Market: Capesize Rates Keep Softening Read More »
Amendments to key IMO treaties include reporting lost containers and mandatory training on preventing harassment and bullying at sea. A set of amendments to key IMO treaties and Codes have entered into force on 1 January 2026. They include the followin…
IMO: Raft of shipping rules in force from 1 January 2026 Read More »