Shell tells Australia to skip LNG windfall tax or risk losing investment
Shell has warned Australia against introducing a windfall tax on gas exporters, saying such a move would deter investment and…
US natural gas prices retreat to monthly low as profit taking begins
US natural gas futures fell more than five per cent on Monday and hit a one-month low, as profit taking…
Two Chinese containerships clear Strait of Hormuz on second attempt
Two Chinese container ships sailed through the Strait of Hormuz on Monday on their second attempt to leave the gulf…
Genco rejects new Diana Shipping takeover bid as undervaluation
A letter sent to shareholders on March 30 by Genco Shipping and Trading stated that an acquisition proposal from Diana…
Mexico claims sovereign right to export fuel to Cuba
Mexico President Claudia Sheinbaum said on Monday that her country has every right to send fuel to Cuba, whether for…
Asia’s oil buying spree tightens European and African markets
The European and African oil market is showing more signs of tightness with some crude differentials hitting record highs as…
Baltic Dry Index Snaps 3-Day Advance
The Baltic Exchange’s dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, snapped a three-day winning…
Iran’s wartime tanker loadings rise to $3bn as Trump keeps threats rolling
US president says new regime in Iran is more reasonable but still threatens to blow up petroleum, power and water…
Space4Good & RINA Unite on Satellite-Based Verification for Infrastructure
Space4Good, a Dutch geospatial analytics company, has entered a technical partnership with RINA, a global consulting engineering, inspection and certi…
Transportation Department Invests Nearly Half a Billion into U.S. Ports
The U.S. Department of Transportation’s Maritime Administration (MARAD) today announced $488,628,000 in funding to restore American maritime dominance…