Ecuador hopes to finalise offshore block operation negotiations
The Ecuadorean Government expects to secure over $638 million in investment commitments this year through contract extensions with private oil…
Iran’s Guards challenge Trump to have US Navy escort oil tankers in Strait of Hormuz
A spokesman for Iran’s beleaguered Revolutionary Guards challenged US President Donald Trump to deploy US naval vessels to escort oil…
‘Historic shift’: Trump officials unveil $20bn war-risk reinsurance scheme for Gulf traffic
Government agency to provide reinsurance for hull-and-machinery and cargo cover
Trump Administration Details $20B Maritime Reinsurance to Get Oil Moving
With the global energy markets in disarray, the Trump administration moved quickly and, late on Friday, March 6, announced more…
Diana Raises Offer for Genco and Agrees to Sell 16 Ships to Star Bulk
Diana Shipping is back with a sweetened offer to acquire fellow bulk shipper Genco Shipping & Trading, both increasing the…