Category: News
May 04, 2025
News
Chevron’s Final Vessel Begins Returning Oil Cargo from Venezuela, According to Sources and Data
A Chevron-chartered vessel has begun the process of returning a cargo of approximately 300,000 barrels of Venezuelan oil, marking a…
May 04, 2025
News
Singapore’s Fuel Oil Inventories Drop to Lowest Levels in Three Weeks
Onshore fuel oil stockpiles at Singapore, a key trading hub, have decreased to their lowest levels in three weeks due…
May 04, 2025
News
HSBC Warns Trade Turmoil Threatens Global Economic Growth Significantly
HSBC’s Chairman Mark Tucker has raised alarms over the challenges facing global trade, highlighting the associated risks to economic growth.…
May 04, 2025
News
Gasoline Margins Rise Due to Strong Demand; Singapore Stocks Experience Decline
Asia’s gasoline refining profit margin rose above $11 per barrel on Friday, buoyed by strong demand as the summer season…
May 04, 2025
News
Greece Greenlights Tender for Offshore Hydrocarbon Exploration in Four Blocks
Greece has recently approved an international tender for hydrocarbon exploration in four offshore blocks in the Mediterranean Sea, as announced…
May 04, 2025
News
US Achieves Record Monthly LNG Exports in April 2023
In April, the United States matched its record for liquefied natural gas (LNG) exports, reaching a total of 9.3 million…
May 04, 2025
News
Danish Shipping: Activation of War Insurance Institute Comes at an Ideal Moment
Danish shipping holds significant strategic value for Denmark. Recently, a legislative proposal has been introduced to activate the War Insurance…
May 04, 2025
News
TEN Ltd. Unveils First Two DP2 Shuttle Tankers from Samsung Heavy Industries Order in South Korea
TEN Ltd. (TEN) has announced the successful delivery and naming of two DP2 suezmax shuttle tankers, the “Athens 04” and…
May 04, 2025
News
US Imposes New Sanctions on Iranian Petrochemical and Petroleum Product Trade
The United States has recently imposed sanctions on seven companies and two tankers engaged in the Iranian petrochemical and petroleum…
May 04, 2025
News
Gibson Tanker Report – Navigating Through Unprecedented Uncertainty
The Gibson tanker report has highlighted a growing sense of uncertainty in the market that has persisted since 2020. Each…