Economy
Merger of UK P&I Club and TT Club to Create UTM Approved
Members of the UK P&I Club and TT Club voted in favor of merging the two entities to create United Transport Mutual Limi...
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Economy
The $68 Million Dispute of Hunter Group with Its Unpleasant Contracting Party
Hunter Group has encountered a dispute of nearly $68 million with its unspecified contracting party regarding VLCC chart...
Economy
Drafting a National Comprehensive Plan to Overcome Energy Imbalance in Winter
An energy expert emphasized the necessity of drafting a national comprehensive plan to address energy imbalance in winte...
Oil and Petrochemicals
Sale of Two LR1 Tankers by Larine Tankers to Emirati Buyers
Larine Tankers has sold its two LR1 tankers for $110 million to Emirati buyers. This deal reflects the market's willingn...
Oil and Petrochemicals
Diana Shipping Registers 42% Increase in Charter Rate for Tanker GP Zafirakis
Diana Shipping has signed a new charter contract for the tanker GP Zafirakis with a 42% increase in the daily rate. This...
Oil and Petrochemicals
Weatherford Signs New Agreements with Equinor to Enhance Operational Efficiency
Weatherford has signed new contracts with Equinor to improve operational efficiency. These agreements include the provis...
Oil and Petrochemicals
The European Union imported 12.18 million tons of liquefied natural gas from the Yamal project in Russia
In the first nine months of 2026, the European Union imported 12.18 million tons of liquefied natural gas from the Yamal...
Economy
Hapag-Lloyd Withdraws from Tripartite Cooperation with MSC and ONE on Asia-South America Route
Hapag-Lloyd has withdrawn from its tripartite cooperation with Mediterranean Shipping Company (MSC) and Ocean Network Ex...
Analysis
Increase in Sanctions on Oil Shipments in the Black Sea and the Middle East
This week, sanctions and attacks on oil shipments in the Black Sea and the Middle East have been on the rise. These deve...
Oil and Petrochemicals
Bruton Begins Strategic Review Amid VLCC Sale Rumors
Bruton, owned by Tor Olav Trøim, has initiated its strategic review following market rumors about a potential deal. The...
Oil and Petrochemicals
Tokyo Gas Enters LNG Transportation Network Development in Indonesia
Tokyo Gas of Japan has engaged in the development of an LNG transportation network in Indonesia by acquiring 100% of PT...
Oil and Petrochemicals
Valeura Energy Begins Offshore Installation at Wassana Field Ahead of Schedule
The Canadian oil and gas company Valeura Energy has started offshore installation at the Wassana field two months ahead...