Hafnia CEO and CFO cash in $5.6m on stock options
Chief executive Mikkel Skov still holds 2.1m shares
John Fredriksen and Idan Ofer strike deal to sell wind ship fleet
Norway’s Edda Wind has entered into an agreement to offload 10 vessels
CoolCo LNG carrier snares sizzlingly hot charter rate as market burns
LNG carriers hit new highs as disruption from Middle East attacks starts to play out
Pakistan asks Saudi Arabia to send oil through Yanbu port after Hormuz disruption
Pakistan has asked Saudi Arabia to route oil supplies through the Red Sea port of Yanbu after the closure of…
ADNOC L&S confirms operational stability amid regional developments
ADNOC Logistics and Services (ADNOC L&S) confirmed its operations remain normal and that the company is maintaining financial stability despite…
Pakistan looks to domestic gas as Middle East turmoil curbs supply
Pakistan’s state natural gas producer OGDCL is preparing to raise output for the first time in recent years as the…
Asian HSFO spreads climb to unprecedented levels
Cracks spreads for high-sulphur fuel oil in Asia rose to record highs as Middle Eastern exports tightened amid the geopolitical…
The reasons behind Asia’s reliance on Middle East oil supplies
Asia depends on oil and gas from the Middle East, sourcing 60 per cent of its crude from the region,…
Marco Polo Marine raises $16m through private share placement
Marco Polo Marine completed a private share placement that raised gross proceeds of approximately SG$21 million ($16 million) on March…
Refiners in Asia struggle to replace gulf crude, set to lower output
Asian refiners dependent on Middle East crude are expected to cut output soon because they are unable to get prompt…