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Samsung Heavy Industries wins orders for nine shuttle tankers worth 1.93 trillion won

Samsung Heavy Industries announced on the 17th that it has received orders for nine shuttle tankers from shipowners in the Oceania region.The contract...

Don’t bank on “Drill, Baby, Drill”

One the Trump Administration’s mantras has been communicating intentions to increase U.S. oil production and bring down prices, which would help ease inflation...

AI leading to faster, cheaper oil production, executives say

Artificial intelligence is speeding up oil and gas drilling and prompting companies to take a second look at places they had viewed as...

OPEC+ output surges ahead of plans to ease voluntary cuts from Q2

OPEC+ crude output surged in February as the group struggles to maintain production discipline and readies for higher quotas from April, the latest...

Oil prices jump; optimism over China’s consumption stimulus boosts Asia shares

Oil prices surged on Monday, U.S. stock futures slid while those in Asia charged higher as investors took stock of the contrasting fortunes...

Reinventing schedule reliability: APM Terminals at the Heart of the Maersk and Hapag-Lloyd’s Gemini Cooperation

On March 4, 2025, at the Transpacific Maritime (TPM) Conference in Long Beach, California, Lars Mikael Jensen, Global Head of Hubs at APM...

Global Port Tracker: Import Cargo Levels Continue to Rise Among Uncertainty Over Tariffs

Amid continuing tariff turmoil, imports at the nation’s major container ports are expected to remain elevated through this spring but volume could see...

LNG and LPG Tanker Market Keep Their Strong Momentum

LNGThe LNG market continued its upward trajectory this week, with gains across major routes, particularly in the Atlantic basin, while the time charter...

West African crude differentials stable

West African crude differentials were steady on Friday, after coming under some pressure this week, according to traders.Traders discussed signs of downward pressure...

Urals diffs steady, Azeri BTC trades higher

Urals crude differentials were little changed on Friday in thin trade, while Azery BTC firmed after a deal in the Platts window, market...
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