Panama raids CK Hutchison unit in row over canal ports
Panamanian authorities searched a ports unit of Hong Kong conglomerate CK Hutchison in Panama on Thursday, according to a source…
Ventura Offshore reports fourth quarter profit of $27.7m
Ventura Offshore recorded a net profit of $27.7 million for the fourth quarter of 2025. The company stated that it…
China holds own South China Sea patrol, criticises Philippines drills
China’s military said on Friday it conducted a routine patrol in the South China Sea from February 23 to 26,…
Tengiz oil output recovers, minister says no issues with exports via CPC
Kazakhstan Energy Minister Erlan Akkenzhenov said on Friday oil output had reached almost full capacity at the largest oilfield of…
Petronas posts decline in profit and revenue for third straight year
Malaysian state energy firm Petroliam Nasional, or Petronas, on Friday reported lower profit and revenue for 2025, a third straight…
Nigerian Government donates rescue boats to riverine community nearly two months after deadly capsizing
The Nigerian Government, through the North East Development Commission (NEDC), and in collaboration with the Yobe State Government, has donated…
Sanctioned Middle East shipowner sells product tanker onto ship recyclers
While Babylon Navigation’s tanker Bianca awaits beaching at Alang, the rest of its fleet appears anchored off Iraq
Tanker markets on tenterhooks as US and Iran make ‘good progress’ in marathon talks
US maintains military build-up, while Iran claims to have briefly closed the Strait of Hormuz
Marinakis hikes Capital Tankers share sale to $500m as investors pile in
New Athens-based company’s stock attracts ‘considerable interest’
Shipbrokers McQuilling and Medco merge to boost global tanker reach
US shop agrees ‘strategic integration’ of Madrid operation as founder Diego Azqueta steps back