Australia’s Seafarms facing legal action over project cost disclosures
Seafarms Group is facing new legal action in the Federal Court concerning historical announcements related to its “Project Sea Dragon”…
Iran warns coastal attack would trigger full closure of the gulf
An attack on Iran’s southern coast and islands will lead to gulf routes being cut with the laying of sea…
Japan Petroleum Association explores sourcing oil from Americas
Japan Petroleum Association President Shunichi Kito said on Monday that North America was one potential source for alternative crude oil…
Additional victim of Philippine ferry tragedy found off Basilan province
The body of another victim of a deadly passenger vessel capsizing incident that occurred in the southern Philippines earlier this…
Sinopec looks to state reserves as it steers clear of Iranian oil
China’s state-run refiner Sinopec does not intend to buy Iranian oil but is pushing for permission to tap state reserves,…
V.Group wins management deal for Laskaridis bulkers and tanker newbuilding
London-headquartered operation says Greek owner aiming to increase efficiencies across the fleet
Newly-listed Pelagic Credit gets ‘buy’ rating from Clarksons
Pelagic Credit’s project portfolio consists of five sectors, including multi-purpose vessels, multi-purpose support vessels, handysize bulkers, cement carriers, and commissioning…
John Fredriksen’s Seatankers books a raft of VLCCs and newcastlemaxes at surprise shipyard
A private company is said to have penned up to eight 210,000-dwt bulk carriers at the Chinese shipyard
Asian refiners step up arb buying as Mideast shock shows no quick end
While safe navigation through the Strait of Hormuz remains distant, distortions in the Dubai benchmark and limited SPR releases—despite reaching…
Korea seeks Russian crude at sea, even via contract takeovers
Korea is actively seeking to import Russian crude oil on the water, according to a senior official at the Ministry…