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Oil Extends Losses As Venezuela Capitulates And U.S. States: "We're Not Stealing Anyone's Oil."
Jan 7, 2026 ... on Wednesday extended its losses as news and speculation over the U.S. increasing its control over Venezuela continued, the latest development of which concerned a deal between Washington and ...
Chimbusco Pan Nation Launches B100 Biofuel Supply in Hong Kong
Jan 7, 2026 ... fuel supplier Chimbusco Pan Nation (CPN) has launched B100 marine biofuel supply in Hong Kong. The company has upgraded its bunker tanker, Guo Si, to a Type II certified tanker, enabling ...
Crowley Restructures Business into Two Divisions: Shipping and Logistics, Energy
Jan 7, 2026 ... maritime company Crowley has announced a reorganisation of its business structure aimed at improving efficiency and customer service. The company has created two divisions: shipping and ...
'Getting Things Done' at Core of IMO's 2026 Agenda: IMO Chief
Jan 7, 2026 ... secretary-general has set out an implementation-focused agenda for 2026, describing the year as one for turning plans into measurable results. "As we start 2026, I would like to focus on ...
Sallaum Lines Takes Delivery of Dual-Fuel LNG Vessel
Jan 7, 2026 ... firm Sallaum Lines has taken delivery of a dual-fuel LNG pure car and truck carrier (PCTC) from China. The 7,500 CEU vessel, Ocean Explorer, is the latest addition to the company’s ...
Container Ship Idling Remained Low in 2025
Jan 7, 2026 ... noted that inactivity could edge higher in the coming months as new ships continue to be delivered and seasonal demand typically weakens in the first quarter. Commercially idle vessels are ships ...
Pertamina Wins Singapore Bunkering Licence
Jan 7, 2026 ... state-owned refiner Pertamina has been awarded a licence to supply bunker fuel in Singapore. The Maritime and Port Authority of Singapore now lists Pertamina International Marketing ...
Russian Navy Escorts Tanker Evading US Forces in Venezuela
Jan 7, 2026 ... naval assets are reportedly assisting a tanker seeking to avoid US detention off the coast of Venezuela. Russia has sent a submarine and other naval assets to escort the Russian-flagged ...
MASH Makes' Cashew Nut Shell Biofuel Ready for Marine Use After Lab Test
Jan 7, 2026 ... biofuel company MASH Makes' upgraded biofuel derived from cashew nutshell liquid (CNSL) has demonstrated readiness for marine use after completing final lab testing. The results ...
MOL Presses Ahead with Decarbonisation Plans Despite IMO NZF Delay
Jan 7, 2026 ... shipping firm Mitsui O.S.K. Lines (MOL) has affirmed that it remains committed to decarbonising its fleet over the long term, despite delays in the adoption of the IMO Net Zero Framework ...
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Over 40 Nations Join UK Talks Urging Strait of Hormuz Reopening

Over 40 Nations Join UK Talks Urging Strait of Hormuz Reopening

Countries plan diplomatic pressure, possible sanctions and efforts to free stranded ships.

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WTI Hits 6 Year High As Investors Now Doubt Trump's Vow to End Iran War Soon

WTI Hits 6 Year High As Investors Now Doubt Trump's Vow to End Iran War Soon

Meanwhile, OPEC may release more oil to compensate for Hormuz closure.

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K Line Secures Bio-LNG Supply for LNG-Fuelled Car Carriers

K Line Secures Bio-LNG Supply for LNG-Fuelled Car Carriers

The company has already started using the fuel to power its LNG dual-fuel car carriers.

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