Maritime Operations Most shipping companies bring in outside help too late, once a detention, a failed audit, or a stalled project has already cost them. The useful question is not whether consultants are worth it, but which specific problems genuinely need one and which do not. By MarineCraft Journal · 21 August 2026 · 8 … Read more
Trading & Markets Fuel is the largest single cost of running most ships, and it is the one that moves. Understanding what actually drives the price of very low sulphur fuel oil, and how that price reaches your operating account, is worth more than watching a daily quote. By MarineCraft Journal · 20 August 2026 … Read more
Trading & Markets Three letters in an oil contract decide who pays for the voyage, who insures the cargo, and who carries the loss if it is spilled or stolen. FOB, CIF, and DES are the ones the trade leans on, and each hides a trap that has cost buyers and sellers real money. By … Read more
Russia is rerouting Kazakhstan's crude oil exports from the Baltic port of Ust-Luga to the Black Sea port of Novorossiysk, freeing up capacity for more Russian oil exports from the Baltic amid heightened Black Sea security risks, four sources said.Kazakhstan…
Pakistan's largest refiner Cnergyico is buying more US crude as Islamabad seeks to diversify the country's energy supplies after disruption caused by the Iran war exposed its dependence on Persian Gulf routes.Pakistan also wants to increase imports from the US…
Saudi Aramco is offering crude oil outside the Strait of Hormuz to some Asian refiners through private negotiations, two sources with knowledge of the matter said on Monday, in a strategy similar to that adopted by United Arab Emirates' Abu…
