Sweden shot down an unidentified drone near France’s Charles de Gaulle aircraft carrier docked in Malmo. French Foreign Minister calls it a “ridiculous provocation” if… Weiterlesen »France Says ‘Ridiculous Provocation’ if Russia Behind Drone Near Charles de Gaulle Carrier

The tanker Sea Horse carrying 200,000 barrels of Russian gas oil diverted from Cuba and is now drifting in the North Atlantic. The move worsens… Weiterlesen »Russian Oil Tanker Diverts From Cuba as Trump Naval Blockade Deters Shipments

Less than a month after restarting limited Red Sea transits, Maersk is once again rerouting select services around the Cape of Good Hope, underscoring how fragile the… Weiterlesen »Red Sea Comeback Falters as Maersk Diverts Ships Back Around Cape

The U.S. Department of Justice has filed a civil forfeiture complaint seeking to permanently seize the motor tanker Skipper and its roughly 1.8 million-barrel cargo of Venezuelan… Weiterlesen »U.S. Moves to Permanently Seize Sanctioned Tanker ‘Skipper’ and $150M Oil Cargo

A shipowner’s once-in-a-generation wager on oil tankers has made it so powerful that it controls an overwhelming majority of supertankers that can collect American oil next month.

Panamanian authorities searched a ports unit of Hong Kong conglomerate CK Hutchison 0001.HK in Panama on Thursday, according to a person familiar with the operation, escalating a… Weiterlesen »Panama Officials Search CK Hutchison’s Subsidiary Office, Source Says

A shipowner’s once-in-a-generation wager on oil tankers has made it so powerful that it controls an overwhelming majority of supertankers that can collect American oil… Weiterlesen »Sinokor’s VLCC Blitz Sends U.S. Gulf Rates to Pandemic-Era Highs

Panamanian authorities searched a ports unit of Hong Kong conglomerate CK Hutchison in Panama on Thursday, according to a source familiar with the operation, escalating a rift… Weiterlesen »Panama Officials Search CK Hutchison’s Local Office, Source Says

The McMurdo Docking Pier has successfully arrived at McMurdo Station, the United States’ research station in Antarctica, after completing a 9,159-nautical-mile journey across the Pacific… Weiterlesen »Permanent Docking Pier Reaches McMurdo Station After 9,100-Nautical-Mile Tow

Russian and Iranian oil producers are slashing prices in a fierce competition for Chinese buyers after India cut imports by 40%. Nearly 48 million barrels… Weiterlesen »Russia and Iran Launch Oil Price War for Chinese Buyers as India Retreats