News

West Texas Intermediate traded near a three-day high amid speculation that crude stockpiles declined a second week in the U.S., the world’s biggest oil consumer. Brent was steady in London.

The International Maritime Organization’s (IMO) Maritime Safety Committee (MSC) meets at the Organization’s London headquarters for its 93rd session, from 14 to 23 May 2014.

The MSC shipping company is to consolidate all its activities in the port of Antwerp in the Deurganck dock, on the left bank of the Scheldt.

Asia is more at risk from any disruption to Middle East oil supplies than Europe or the United States but is less prepared

The two main Bakken pipeline markets weakened for the seventh time since April 30, bringing differentials to their lowest levels of the year.

Kuwait's state oil group said on Sunday it would sign a six-year liquefied natural gas (LNG) supply deal with Royal Dutch Shell

Costa Cruises, one of Carnival Corporation’s 10 industry-leading brands

Navig8, a fully integrated provider of shipping management services, has welcomed two additions to its growing fleet, namely the UACC Manama and UACC Shamiya.

United Arab Chemical Carriers (UACC) announced today the addition of UACC RIYADH (ex BUNGA BANYAN), 45,544 DWT, to its chemical tanker fleet.

South Korean shipper Hyundai Glovis is continuing with its annual fleet renewal program with the latest order for four new car carriers.

Pipeline companies have come down with shale fever. They’re so eager to grab a stake in the U.S. energy boom that they’re building

Prices of long dated US natural gas may rise to $5.50 per MMBTU as productivity in many mature shale gas plays are no longer improving

Hopes of steady gas supply for the various power plants may be a reality by the end of 2014,as the Nigerian National Petroleum Corporation

China's plans to establish a shale industry to rival the U.S.'s could see Beijing slash its energy imports—in a blow for some of the world's poorest gas exporters.

On April 30, NYK concluded a time-charter contract for a new liquefied natural gas (LNG) carrier with LNG Marine Transport Ltd

The time-charter results are in line with the last quarter, according to Odfjell’s first quarter results for this year.

EU Maritime Ministers met yesterday in Athens under the chairmanship of the Greek Minister of Shipping

Ocean Yield ASA has entered into newbuilding contracts for three LEG

The second of the nineteen sponsons was successfully installed on Costa Concordia wreck on May 2nd.

Ocean Shield will today return to Australian Navy’s Fleet Base West to replenish its supplies