Friday

09-05-2025 Vol 19

Category: 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…

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…

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.…

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…

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…

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…

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…

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…

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…

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…