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TANKERS IDLE IN ASIA
An LNG glut is on its wayThe closure of the Strait of Hormuz and the shutdown of Qatar’s LNG exports have pushed gas prices higher, but the disruption could ultimat...
First LNG shipment since war began appears to exit HormuzA liquefied natural gas shipment, the Mubaraz, appears to have successfully traversed the Strait of Hormuz after a two-month lull in traffi...
Cabinet approves ₹12,980 crore sovereign-backed maritime insurance poolThe Union Cabinet, chaired by Narendra Modi, on Saturday approved a Sovereign Maritime Fund to provide insurance cover for Indian-flagged, ...
First movers at Hormuz: Two Chinese tankers will test Iran-US truce at crude chokepointTwo Chinese oil tankers, Cospearl Lake and He Rong Hai, are heading towards the Strait of Hormuz, potentially becoming the first large fore...
Iraq could restore oil exports to pre-war level within a week if Hormuz reopens, Basra Oil chief saysIraq can quickly restore crude exports to about 3.4 million barrels per day within a week if the war ends and the Strait of Hormuz reopens,...
Trump has repeatedly delayed deadlines for Iran, but suggests Tuesday's is finalUS President Donald Trump has repeatedly delayed deadlines for Iran to strike a deal or reopen the Strait of Hormuz, while escalating threa...
Donald Trump’s new threat could be the endgame for Iran?US-Iran ceasefire: A US defence official said President Donald Trump’s latest deadline for Iran may be final, with little chance of another...
Iran amplifies LNG shortage by blocking passages through HormuzIran's apparent ban on liquefied natural gas carriers passing through the Strait of Hormuz is intensifying global shortages. Loaded LNG tan...
Iran halts two Qatar LNG tankers it previously cleared to transit Strait of Hormuz, source saysIran's Revolutionary Guards halted two Qatari LNG tankers, Al Daayen and Rasheeda, despite a prior agreement with the US via Pakistani medi...
Iran war: Ships with Qatar LNG attempt first Hormuz exit since conflict startedTwo LNG tankers, the Al Daayen and Rasheeda, are reportedly heading towards the Strait of Hormuz, potentially marking the first exports out...
Qatar’s LNG tankers idle across Asia as export plant stays shutOver four dozen Qatari LNG tankers are idled across Asia, with no cargo, as the nation's export plant remains shut following Iranian drone ...
India securing energy flow from different sources, routes; no gas shortage, assures Hardeep Singh PuriIndia is securing more liquefied natural gas from diverse sources, moving away from the Middle East. This is a response to ongoing geopolit...
War in West Asia hands India an unexpected breatherIndia has got a temporary US waiver to purchase Russian oil. This move comes as war in West Asia disrupts global energy markets. Indian ref...
Zombie ship shows Trump is targeting darkest corner of oil fleetA 27-year-old tanker, believed to be a 'zombie vessel' using a scrapped ship's identity, is heading to Venezuela. This tactic helps Venezue...
US sanctions on Russian oil set to kick in, with 48 million barrels of crude at seaNew US sanctions are set to disrupt Russian oil exports. Millions of barrels may be stranded as tankers seek new routes. Indian refiners ar...
The definitive guide to where the US has squeezed Russia’s oil flows the hardestThe latest US sanctions on 158 oil tankers involved in the Russia trade threaten to significantly disrupt Russia's oil exports. Specificall...
Indian yards to demolish vessels for scrapped metal supplyThe shipping industry is expected to see a downtrend in demand through to 2017-18, according to Sefine Shipayrd's Gungor.