By Nic Robertson and Sarah Dean, CNN. Video by Darren Bull, CNN Tallinn, Estonia (CNN) — On Christmas morning, Estonia’s power grid operators got an unwanted surprise: The Estlink 2 power cable ...
Trump is driving uncertainty in oil markets as he pressures OPEC to boost production while threatening some trade partners ...
A chunk of Russia’s oil tanker fleet is being forced to change the flag they sail under as US and UK sanctions heap pressure ...
By the end of 2027, Safe Bulkers will have to meet liquidity needs representing 65% of its current enterprise value. See why ...
Safetytech Accelerator completes feasibility studies for Methane Abatement in Maritime Innovation Initiative. Find the latest news from the maritime industry on the PortNews website.
Fearnley Securities said that following a tough autumn and early winter, the tightening sanctions on Russian and Iranian ...
Industry analysts suggest that 10% of the global oil tanker fleet is now affected by U.S. sanctions, potentially tightening market supply. Omar Nokta, an analyst at Jefferies, remarked on how the ...
Three ships said to be part of Russia's shadow fleet are floating off the coast of China, it has been reported, days after the U.S. imposed further sanctions against Moscow's energy sector.
A view of the unmaneuverable oil tanker "Eventin" between Binz and Sassnitz. The tanker, loaded with around 99,000 tons of oil, has been towed to the city harbour of Sassnitz after it lost the ...
Analysts estimated that around 10% of the global oil tanker fleet was subject to US sanctions. "The effect of these sanctions should be supportive to the tanker market as vessel supply in the ...
China and India may seek oil from other regions, while Russia might offer discounts.
Germany was battling on January 11 to secure a heavily loaded tanker stranded ... sanctions-busting "shadow fleet" away from shore to avert an oil spill.