- + Shipping News - Oil Energy: US oil and gas rig count unchanged this week, Baker Hughes says—U.S. energy firms this week kept the number of oil and natural gas rigs operating unchanged, energy services firm Baker Hughes (BKR.O), opens new tab ...
- + Shipping News - Oil Energy: Russia’s Novak: Oil demand to pick up during driving season—Global oil demand will pick up in the next months with the summer driving season, Russias top oil official said, adding that this was factored into th...
- + Shipping News - Security: UKMTO Weekly Piracy Report 01 – 07 March 2025—Warnings, advisories and piracy incidents in the Indian Ocean Area by the UKMTO in the past week. Source: UKMTO (United Kingdom Maritime Trade Operat...
- + Shipping News - Security: UKMTO Weekly Piracy Report 22 – 28 February 2025—Warnings, advisories and piracy incidents in the Indian Ocean Area by the UKMTO in the past week. Source: UKMTO (United Kingdom Maritime Trade Operat...
- + Shipping News - Security: Suspected Somali pirates abandon Yemeni fishing boat they seized off Horn of Africa—Suspected Somali pirates have fled a Yemeni fishing boat they seized off the Horn of Africa and operated for five days, authorites said Monday. In a s...
- + Shipping News - Security: UKMTO Weekly Piracy Report 15 – 21 February 2025—Warnings, advisories and piracy incidents in the Indian Ocean Area by the UKMTO in the past week. Source: UKMTO (United Kingdom Maritime Trade Operat...
- + Shipping News - Security: Renewed Piracy Concerns Off Somalia: Why You Need Dryad Global’s Maritime Security Threat Advisory—Maritime security is under the spotlight once again following a series of concerning piracy incidents off the coast of Somalia. In February 2025, thre...
- + Shipping News - Security: UKMTO Weekly Piracy Report 08 – 14 February 2025—Warnings, advisories and piracy incidents in the Indian Ocean Area by the UKMTO in the past week. Source: UKMTO (United Kingdom Maritime Trade Operat...
- + Shipping News - Security: UKMTO Weekly Piracy Report 01 – 07 February 2025—Warnings, advisories and piracy incidents in the Indian Ocean Area by the UKMTO in the past week. Source: UKMTO (United Kingdom Maritime Trade Operat...
- + Shipping News - Security: Incident Alert – Vessel Boarded by Armed Gang in the Gulf of Guinea—On 1 February 2025, the master of the cargo vessel JSP VENTO, transiting 60nm west of Bata, Equatorial Guinea, reported a boarding. During the night, ...
- + Shipping News - Security: UKMTO Weekly Piracy Report 25 – 31 January 2025—Warnings, advisories and piracy incidents in the Indian Ocean Area by the UKMTO in the past week. Source: UKMTO (United Kingdom Maritime Trade Operat...
- + Shipping News - Security: UKMTO Weekly Piracy Report 18 – 24 January 2025—Warnings, advisories and piracy incidents in the Indian Ocean Area by the UKMTO in the past week. Source: UKMTO (United Kingdom Maritime Trade Operat...
- + Shipping News - Security: UKMTO Weekly Piracy Report 11 – 17 January 2025—Warnings, advisories and piracy incidents in the Indian Ocean Area by the UKMTO in the past week. Source: UKMTO (United Kingdom Maritime Trade Operat...
- + Shipping News - Security: Dryad Global: Maritime Trends for 2025—In the Indian Ocean along the East African coast, a resurgence of piracy is anticipated in 2025, facilitated by favorable weather conditions and a sec...
- + Shipping News - Security: UKMTO Weekly Piracy Report 04 – 10 January 2025—Warnings, advisories and piracy incidents in the Indian Ocean Area by the UKMTO in the past week. Source: UKMTO (United Kingdom Maritime Trade Operat...
- + Shipping News - Security: UKMTO Weekly Piracy Report 28 December – 03 January 2025—Warnings, advisories and piracy incidents in the Indian Ocean Area by the UKMTO in the past week. Source: UKMTO (United Kingdom Maritime Trade Operat...
- + Shipping News - Security: UKMTO Weekly Piracy Report 21 – 27 December 2024—Warnings, advisories and piracy incidents in the Indian Ocean Area by the UKMTO in the past week. Source: UKMTO (United Kingdom Maritime Trade Operat...
- + Shipping News - Security: UKMTO Weekly Piracy Report 14 – 20 December 2024—Warnings, advisories and piracy incidents in the Indian Ocean Area by the UKMTO in the past week. Source: UKMTO (United Kingdom Maritime Trade Operat...
- + Shipping News - Security: UKMTO Weekly Piracy Report 07 – 13 December 2024—Warnings, advisories and piracy incidents in the Indian Ocean Area by the UKMTO in the past week. Source: UKMTO (United Kingdom Maritime Trade Operat...
- + Shipping News - Security: UKMTO Weekly Piracy Report 30 November – 06 December 2024—Warnings, advisories and piracy incidents in the Indian Ocean Area by the UKMTO in the past week. Source: UKMTO (United Kingdom Maritime Trade Operat...
- + Shipping News - Security: UKMTO Weekly Piracy Report 16 – 22 November 2024—Warnings, advisories and piracy incidents in the Indian Ocean Area by the UKMTO in the past week. Source: UKMTO (United Kingdom Maritime Trade Operat...
- + Shipping News - Security: UKMTO Weekly Piracy Report 09 – 15 November 2024—Warnings, advisories and piracy incidents in the Indian Ocean Area by the UKMTO in the past week. Source: UKMTO (United Kingdom Maritime Trade Operat...
- + Shipping News - Ship Building: PetroChina International signs long-term LPG deal with Phillips 66—PetroChina International, a subsidiary of state-owned energy company PetroChina, signed a long-term LPG procurement agreement with US-based Phillips 6...
- + Shipping News - Ship Building: Indian refiners turn to Latin America, Africa to replace Russian oil in Feb, data shows—Indias crude oil imports from Latin America and Africa rose marginally in February as refiners turned to alternative sources, fearing a loss of Russia...
- + Shipping News - Ship Building: Kazakhstan raises oil exports via Baku-Tbilisi-Ceyhan pipeline in February—Kazakh oil exports via the Baku-Tbilisi-Ceyhan (BTC) pipeline, a route bypassing Russia, rose by 38% in February from January to 97,300 metric tons (a...
- + Shipping News - Ship Building: Brazil’s Petrobras in talks with US LNG suppliers for long-term deal, executive says—Brazils state-run oil firm Petrobras is in talks with U.S. liquefied natural gas (LNG) suppliers for a long-term import deal, a Petrobras executive sa...
- + Shipping News - Ship Building: Beijing likely to allocate new batch of export quotas for clean products, LSFO—Beijing can tentatively release a new batch of export quotas for clean oil products and fuel oil as early as March, but the potential increase in quot...
- + Shipping News - Ship Building: Ukraine soybean exports hit record 2.35 mln T in H1 2024/25 season, consultancy says—Ukraines soybean exports have risen to a record 2.35 million metric tons in the first half of the 2024/25 September-August season following a record h...
- + Shipping News - Ship Building: U.S. propane exports have increased every year since 2007—U.S. propane exports averaged a record 1.8 million barrels per day (b/d) in 2024, the most since we began collecting this data in 1973. U.S. propane e...
- + Shipping News - Ship Building: UAE aluminium exports to US jump ahead of Trump tariffs, data shows—United Arab Emirates exports of aluminium to the U.S. jumped in the first 11 days of March, data from the U.S. Department of Commerce showed, as buyer...
- + Shipping News - Ship Building: Saudi crude oil supply to China to slump in April, sources say—Saudi Arabias crude oil shipments to its biggest customer, China, are expected to drop to their lowest level in more than a year in April, trade sourc...
- + Shipping News - Ship Building: Outlook for record Chinese second-quarter soybean imports may ease supply tightness—China is poised to receive record soybean imports in the second quarter, traders and analyst said, after delayed Brazilian shipments and slow customs ...
- + Shipping News - Ship Building: India’s crude oil imports up 3% on month in Jan-24, net petroleum products exports ease marginally—Organization of Petroleum Exporting Countries or OPEC stated in a latest monthly report that Indias crude imports began the year averaging 4.9 mb/d. T...
- + Shipping News - Ship Building: Argentina sticking with single LNG import terminal this winter, Excelerate exec says—Argentina has not requested an additional floating regasification plant from Excelerate Energy EE for the winter to come, a company executive said, as...
- + Shipping News - Ship Building: Spain sees no risk in rising reliance on U.S. liquefied gas—Spanish Energy Minister Sara Aagesen said on Thursday she did not see any risk in Europes growing reliance on liquefied natural gas from the United St...
- + Shipping News - Ship Building: Russia’s February seaborne oil product exports down 7.5% m/m, Reuters calculations show—Russias seaborne oil product exports in February fell 7.5% from January to 8.72 million metric tons, data from industry sources and Reuters calculatio...
- + Shipping News - Ship Building: Black Sea CPC Blend oil loadings rose 24% in February from January, sources, Reuters calculations show—CPC Blend oil loadings from the Caspian Pipeline Consortium (CPC) Black Sea terminal rose by some 24% in February from January to 1.68 million barrels...
- + Shipping News - Ship Building: EU soybean meal imports hit a decade high in Q1 amid global crush surge: US FAS—The European Unions soybean meal imports hit a decade high, reaching nearly 6 million mt, in the first quarter of the marketing year 2024-25 (October-...
- + Shipping News - Ship Building: Guyana considers plan to refine oil in US, import fuel—Guyana is considering a plan to export crude oil to the United States for refining and to bring back fuel for domestic supply and possibly for sale to...
- + Shipping News - Ship Building: Russian oil supplies to India recover in March, sources say—Indias Russian oil imports recovered in March, returning to near usual levels after a 3-month decline, as non-sanctioned vessels were delivering cargo...
- + Shipping News - Ship Building: Ukraine bets on US LNG as gas import needs rise—Ukraine may import large volumes of U.S. gas this year via terminals in Germany, Greece, Lithuania and Poland, its state gas operator said, as Kyiv st...
- + Shipping News - Ship Building: Indian mills sign contracts to export 600,000 metric tons of sugar—Indian mills have contracts to export 600,000 metric tons of sugar in the 2024/25 marketing year ending in September, but are reluctant to sign furthe...
- + Shipping news - World Economy: US household wealth eked out record high in fourth quarter on stock gains—U.S. household wealth eked out a fresh record high at the end of 2024, Federal Reserve data showed on Thursday, thanks to a stock market rally that ap...
- + Shipping news - World Economy: Japan inflation likely cooled in Feb on energy subsidy resumption: Reuters poll—Japan’s core inflation likely decelerated in February from the previous month due to the resumption of energy subsidies, a Reuters poll showed, though...
- + Shipping news - World Economy: G7 warn Russia of new sanctions if no ceasefire agreed—G7 nations emphasised on Friday the need for robust security arrangements to ensure a ceasefire between Ukraine and Russia, warning Moscow to follow K...
- + Shipping news - World Economy: As Trump thaws ties, Russia has a new public enemy number one: Britain—Two British diplomats expelled in a spying row. A blistering statement from Russias foreign intelligence service calling Britain a warmonger. And a th...
- + Shipping news - World Economy: German inflation fall offers more room for ECB easing—German inflation unexpectedly fell in February, the statistics office said on Friday, pointing to a downward revision of euro zone figures that would ...
- + Shipping news - World Economy: Despite tough talk, economic woes may force Iran to bargain with Trump—For Irans clerical leaders, engaging with the Great Satan to hammer out a nuclear deal and ease crippling sanctions may for once be the lesser of two ...
- + Shipping news - World Economy: Ukraine examining how to monitor any ceasefire, foreign minister says—Kyiv has begun examining how to monitor any ceasefire along the frontline of its war with Russia, which runs for over 1,300 km (800 miles), Ukraines f...
- + Shipping news - World Economy: German inflation fall offers more room for ECB easing—German inflation unexpectedly fell in February, the statistics office said on Friday, pointing to a downward revision of euro zone figures that would ...
- + Shipping News IMF OECD: G20 GDP growth continues at a stable pace in the fourth quarter of 2024—Gross domestic product (GDP) in the G20 area rose by 0.9% in the fourth quarter of 2024, an increase similar to the previous quarter,1 according to pr...
- + Shipping News IMF OECD: OECD unemployment rate broadly stable at 4.8% in January 2025—The OECD unemployment rate remained broadly stable at its record low of 4.8% in January 2025. This record low was first reached in March 2023 and the ...
- + Shipping News IMF OECD: Central Europe’s economies face risks from slowing trade, tariffs, IMF warns—Central Europe’s export-dependent economies face risks from slowing world trade growth and tariff threats, which could be mitigated with reforms and t...
- + Shipping News IMF OECD: OECD headline inflation at 4.7% in January 2025 for the third month in a row—Year-on-year inflation in the OECD, as measured by the Consumer Price Index (CPI), remained at 4.7% in January 2025, the same rate as in November and ...