US natural gas futures held near a two-week high on Thursday as a bigger-than-expected storage build last week offset the drop in output in recent days as energy firms reduced flows on offshore Gulf of Mexico pipelines ahead of Hurricane Isaias.Front……
US Natural Gas Prices Steady as Storage Build Offsets Hurricane Isaias Read More »
Tankers are facing a higher risk of attacks and intimidation as they try to get critical shipments through the Strait of Hormuz after Iran issued new warnings it would block routes that it has not authorized, sources said.Last week already saw…
Iran to Close Hormuz Routes, Risk of Tanker Attack Rises Read More »
Syria called on the International Maritime Organization and Bulgarian authorities on Thursday to conduct an independent investigation into the sinking of a cargo ship in the Black Sea, whose 10 crew members including 9 Syrians were missing.The…
Syria Calls on IMO, Bulgaria for Probe into Sinking Ship Read More »
The shipping industry is working to improve fuel efficiency and ship performance to address decarbonization requirements, new regulations and rising operational costs. To support these developments, BIMCO has adopted the Energy Saving Device…
BIMCO Adopts Energy Saving Device Retrofit Addendum Read More »
Relets emerge as average spot earnings hit $938,000 per day