Oil and Petrochemicals
Transworld Company Acquires a Supramax Tanker for $16.5 Million
Transworld Shipping Company has purchased the supramax tanker Saltwind Explorer for $16.5 million. This tanker was built...
Oil and Petrochemicals
Oil and Petrochemicals
Iranian Oil Tanker Shipment Identified on Sanctions Route
An Iranian oil tanker shipment carrying 1 million barrels of oil has been identified on the sanctions route. This tanker...
Oil and Petrochemicals
Navigator Gas is transferring its legal registration to the UK
Navigator Gas is seeking to transfer its legal registration from the Marshall Islands to the UK. Shareholders will vote...
Oil and Petrochemicals
Navy Identifies Burning Tanker in the Strait of Hormuz
The Navy has reported the identification of a burning tanker in the southern corridor of the Strait of Hormuz. This inci...
Oil and Petrochemicals
SK Lim Appointed as New CEO of G2 Ocean
SK Lim has been selected as the new CEO of G2 Ocean, and Arthur English will be appointed as the chairman of the board o...
Oil and Petrochemicals
Chris Wright Announces the Legalization Process for Sanctioned Tanker Fleet
Chris Wright, the U.S. Secretary of Energy, announced the start of the legalization process for sanctioned tankers. This...
Oil and Petrochemicals
Return of Gulf Countries' Crude Oil Exports to 16.5 Million Barrels per Day
Crude oil exports from Gulf countries, excluding Iran, revived to 16.5 million barrels per day in September 2026, but fu...
Oil and Petrochemicals
International sanctions have become a new obstacle for Iranian oil tankers
International sanctions against Iran have impacted the activities of tankers and oil transportation routes. In this situ...
Oil and Petrochemicals
Tehran's Attacks on Oil Infrastructure Removed Two Billion Barrels of Oil from the Market
Attacks on oil infrastructure in the Strait of Hormuz have removed over two billion barrels of crude oil from the global...
Oil and Petrochemicals
Transocean Signs Two New Contracts Worth $550 Million in the Gulf of Mexico
Transocean has added $550 million to its contract volume by signing two new contracts in the Gulf of Mexico. These contr...
Oil and Petrochemicals
Apache Prepares for 24-Hour Strike at Seven Offshore Platforms
More than 160 offshore workers employed by Apache will strike for 24 hours on October 21. This strike may impact the For...
Oil and Petrochemicals
Havila Shipping Secures Extension of Support Fleet Contract with Peterson
Havila Shipping has extended its support fleet contract with Peterson for another four years. This contract will continu...