The European Commission on Tuesday proposed a sweeping 21st package of sanctions against Russia, targeting the country’s financial sector, shadow fleet operations, energy exports, and… Weiterlesen »EU Unveils 21st Russia Sanctions Package Targeting Shadow Fleet, Banks, LNG Tankers

Kuwait is offering to sell its crude to refiners in Asia for the first time since the Iran war started, the latest indication of rising… Weiterlesen »Kuwait Offers Oil to Asian Buyers for First Time Since War

Russia’s navy has conducted military drills in the Baltic Sea, practicing unguided missile launches, bombing runs and missile strikes, it said, as major U.S.-NATO exercises… Weiterlesen »Russia Holds Naval Drills in Baltic Sea During Major NATO Exercises

Russia has reopened its seasonal eastern export corridor for liquefied natural gas from the sanctioned Arctic LNG 2 project after the icebreaking LNG carrier Christophe… Weiterlesen »Russia Reactivates Arctic LNG Route to Asia as Icebreaking Carrier Completes Rare Early-Summer Transit

The world’s shipowners have placed orders for a record number of new oil supertankers, surpassing a boom back in 2008 that ultimately led to a… Weiterlesen »Newbuild Supertanker Orders Hit Record High, Surpassing 2008 Peak

A mine doesn’t have to strike a ship to disrupt global commerce. In the Strait of Hormuz, the threat of mines alone has sparked uncertainty… Weiterlesen »Clearing the Strait: How Autonomous Systems Are Redefining Mine Countermeasure Operations

U.S. Senators Mark Kelly (D-Ariz.) and Elizabeth Warren (D-Mass.) are pressing the Trump administration to reinstate suspended port fees on Chinese-linked vessels, arguing the measures… Weiterlesen »Senators Urge Trump Administration to Reinstate Port Fees on Chinese Ships

U.S. forces disabled a tanker linked to Iran’s shadow fleet in the Gulf of Oman on Monday, marking the seventh commercial vessel interdicted since Washington… Weiterlesen »U.S. Forces Disable Sanctioned Shadow-Fleet Tanker Bound for Iran

For decades, oil traders, executives and analysts warned that closing the Strait of Hormuz would be a global economic catastrophe. 

A tanker caught fire off the coast of Oman on Monday, forcing the evacuation of its crew and prompting a coordinated response by Omani and… Weiterlesen »Crew Evacuated After ‘Suspicious’ Tanker Fire Near Oman’s Masirah Island