The Omani Maritime Security Center confirmed on Tuesday, September 15, that it has undertaken a search and rescue effort for the crew of a Panama-flagged product tanker, while saying that two seafarers are missing.
South Korean shipbuilder HD Hyundai and Singapore-based BW LNG highlight that they are moving forward with building the world’s first three-tank LNG carriers. The design permits an increased carrying capacity of up to 2,800 cbm (1.6 percent) while avoiding terminal…
Asian spot liquefied natural gas prices hit their highest level since end-December 2022 as an escalation of the conflict in the Middle East, high European gas prices and strong demand ahead of winter increased competition for the limited supply.The average…
Philippine rescuers recovered 30 bodies from a burnt-out ferry on Friday, raising the death toll from the blaze to 35, authorities said.Firefighters found the remains after they gained access to the vessel for the first time, having extinguished a fire…
Indian Prime Minister Narendra Modi held talks with Iranian President Masoud Pezeshkian on Friday and underscored the need to protect the freedom of navigation and commerce, and the safety and well-being of seafarers, India's foreign ministry said.The meeting took place…
Chevron CEO Mike Wirth said on Friday that oil buffers that limited crude price increases earlier in the Iran war have been depleted, and the conflict could lift prices further over the next few months.Since the war began in late…
