The Islamic Republic's control position in the Strait of Hormuz has weakened, and Middle Eastern oil exports have reache...
The value of very large crude carriers (VLCCs) has significantly increased, approaching levels not seen in the past 15 y...
The U.S. Secretary of State linked Iran's nuclear program to the threat to the Strait of Hormuz and emphasized the need...
LNG Canada has approved Phase 2, which will increase production capacity to 28 million tons per year. This project is in...
Shell has decided to double Canada's LNG export capacity, a move that will help increase the supply of liquefied natural...
Hapag-Lloyd has requested Israeli officials to review the improved terms of its $4.2 billion offer for ZIM. This offer i...
Tsakos Energy Navigation has sold its oldest tanker, Andes, and raised $13 million in free capital through this action....
Mermaid is looking to expand its activities in Nigeria by acquiring 49% of Mermaid Subsea Services. This collaboration a...
Amer Shipping has increased its fleet to six vessels by purchasing two new oil tankers from Concordia Damen. These vesse...
Iran has improved its mine-laying capability in the Strait of Hormuz from a distance of 75 kilometers with the upgraded...
The European Union has announced that its fleet's capacity to accompany and protect commercial ships in the Red Sea is i...
The Parliament Research Center reported that cryptocurrency mining was responsible for 14 percent of energy shortfall du...