Maritime News

Marine and Environmental News Aggregator

Commodities

  • US expands sanctions on tankers, companies involved in Iran oil trade
    on 21 November 2025 at 1:48 am

    The US issued a new round of sanctions Nov. 20, targeting companies, shipping facilitators and tankers it claims are involved in Iranian oil and petroleum products trade. “Today’s action continues Treasury’s campaign to cut off funding for the Iranian regime’s development of nuclear weapons and support of terrorist proxies,” Scott Bessent, US Treasury Secretary, said in a statement. The Treasury

  • FUJAIRAH DATA: Oil product stocks drop for first time in three weeks
    on 19 November 2025 at 7:00 am

    Oil products stockpiles at Fujairah in the UAE fell 5.3% in the week ended Nov. 17, with heavy distillates and light distillates both showing declines, according to Fujairah Oil Industry Zone data published Nov. 19. The total dropped to 20.652 million barrels, the first drop in three weeks after reaching a six-month high a week earlier. Inventories are up 33% since the end of 2024. Heavy

  • Tanker rates surge as Russian oil sanctions shift cargo flows
    on 18 November 2025 at 6:35 pm

    Tightening Western sanctions on Russian oil are lifting crude and clean tanker rates, with ton-mile demand for mainstream tankers growing as its consumers turn to other suppliers during the winter months, several shipping and oil industry participants said Nov. 18. Western authorities have sanctioned Rosneft and Lukoil, Russia’s top two oil producers, while the EU will ban imports of petroleum

  • India sees E&P, LNG, clean energy as key investment opportunities for Japan: minister
    on 18 November 2025 at 6:44 am

    India’s growing upstream, LNG, shipping and hydrogen sectors present ample opportunities for Japanese companies to collaborate, an Indian government statement said Nov. 17, quoting petroleum minister Hardeep Singh Puri, who emphasized that such partnerships would be a step toward energy stability in the region. “At a time when India is opening up over $500 billion in investment opportunities

  • Russian port of Novorossiisk restores normal loadings after drone strike
    on 17 November 2025 at 8:40 pm

    The Russian Black Sea port of Novorossiisk has resumed normal exports of crude and oil products after a Ukrainian drone attack on Nov. 14 temporarily hit its operations, according to market sources and shiptracking data as of Nov. 17. Russian authorities confirmed that drones had struck and damaged several installations at the port late last week, including a Chernomortransneft tank and berth, the