Only one oil tanker transited the Strait of Hormuz on Thursday, the lowest number of crossings since May 7, as war risks spiked this week to hike crude oil prices above $100 per barrel again.
Chinese buyers that received the first U.S. LNG cargo in over a year plan to resell it on another market to profit from higher prices elsewhere and avoid paying a 25% tariff, sources familiar with the plans told Bloomberg on…
Repsol has completed what it describes as the first bioethanol bunkering operation in the Port of Barcelona, delivering 2,800 tonnes of the alcohol-based fuel to Maersk's 16,000 TEU container vessel Antonia Maersk.
Malaysia sits at one of the world’s busiest maritime crossroads, and the volume of marine equipment moving through its ports reflects that position. But the regulatory framework governing those movements is layered across multiple agencies, and the cost of misreading it lands directly on the importer’s timeline and budget.
Most physical crude oil offers that land in a buyer’s inbox are not real. The cargo does not exist, the seller is not who they claim to be, and the only thing that moves is the buyer’s money. Recognising the warning signs is the cheapest insurance in the business.
SOLAS life-saving appliance requirements are among the most detailed and most frequently deficient areas in port state control inspections worldwide. The gap between what operators think they are doing and what the Convention actually requires is wider than most realise.
