President Donald Trump said on Tuesday that China can continue to purchase oil from Iranafter the U.S. bombed the OPEC member’s nuclear facilities and hoped… Weiterlesen »Trump Softens Stance on Iranian Oil Sales to China, Undercutting ‘Maximum Pressure’

Following a nine-month hiatus Russia’s LNG shadow fleet is on the move again. Sanctioned LNG carrier Iris (ex-North Sky) passed through the Kara Gate entering… Weiterlesen »Sanctioned LNG Carrier Approaches Russian Arctic Export Plants Following Nine-Month Freeze 

Federal Maritime Commission Chairman Louis Sola has announced he will step down from his position effective June 30, 2025, concluding a significant chapter in U.S.… Weiterlesen »FMC Chairman Louis Sola Announces Departure

International Longshoremen’s Association (ILA) President Harold J. Daggett has issued a remarkable letter of support to President Trump, praising the recent bombing of Iran’s nuclear… Weiterlesen »ILA President Lauds Trump’s Iran Strike in Unprecedented Union Endorsement of Military Action

European Union diplomats said they expect to reach a deal during an EU summit this week on an 18th package of sanctions against Russia, which Slovakia and… Weiterlesen »EU’s 18th Sanctions Package Faces Central European Roadblock

Shipping costs for liquefied natural gas cargoes have rallied to their highest in about eight months with vessel availability tightened by a shift in more… Weiterlesen »LNG Freight Rates Surge to 8-Month High Amid Middle East Turmoil

The car carrier Morning Midas has sunk in international waters of the North Pacific, nearly three weeks after a fire broke out on board, according to salvage… Weiterlesen »Car Carrier Morning Midas Sinks in North Pacific After Three-Week Fire Battle

Israel and Iran appeared to be honoring a ceasefire agreement unexpectedly announced by US President Donald Trump overnight, after the American leader reacted angrily to… Weiterlesen »Israel and Iran Halt Attacks Following Trump’s Push for Ceasefire

Two weeks from President Donald Trump’s self-imposed deadline to reach deals with the US’s major trading partners, some of the most-watched talks aimed at clinching… Weiterlesen »Pressure to Seal Trump Trade Deals Ramps Up With Two Weeks to Go

Oil prices settled down more than 7% on Monday, losing more than $5 a barrel after Iran took no action to disrupt oil and gas tanker… Weiterlesen »Oil Sinks After Iran Targets U.S. Base—Not Tankers