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9/22/2026 5:09:08 PM
Global oil trading firms Vitol and Trafigura are pushing for steeper discounts on Venezuelan crude oil as rising freight rates shrink their margins, five sources familiar with the matter said.The two merchant houses have been among the biggest winners in a race to control Venezuela's crude flows since the US captured then-President Nicolas Maduro
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9/22/2026 4:08:09 PM
NEOLINE and CMA CGM announced that Neoliner Origin completed her first call at PSA Zeebrugge on Monday, September 21, 2026. The call marked both the vessel’s first visit to Belgium and the addition of Zeebrugge to NEOLINE’s regular transatlantic service.
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9/22/2026 4:00:38 PM
Synergy Marine Group and Cochin Shipyard Limited (CSL) have signed a memorandum of understanding to jointly pursue shipbuilding, repair and conversion projects in India. The MoU was signed by Ajay Chaudhry, Co-CEO Ship Management of Synergy Marine Group, and Rajesh Gopalakrishnan, Director (Technical) of CSL, in the presence of Jesper Kristensen
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9/22/2026 3:47:07 PM
Swan Defence and Heavy Industries Limited (SDHI), India's shipbuilding and heavy fabrication company, has more than doubled its workforce over the past 18 months. Backed by a rapidly growing order book, SDHI is targeting over 550 additional hires across white-collar and blue-collar roles by March 2027.
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9/22/2026 11:54:30 AM
"Caribbean Basin have year-to-date increased by 234 million barrels year-on-year according to data from Signal Ocean. This is equal to an additional 880k barrels per day, and a 45% jump compared to 2025,“ says Niels Rasmussen, Chief Shipping Analyst at BIMCO.
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9/22/2026 9:28:52 AM
All 25 crew members of the Liberia-registered container vessel MSC HERMES III were rescued after abandoning the ship in a lifeboat about 300 km east of Vietnam, Singapore's Maritime Rescue Coordination Centre (MRCC) said.MRCC Singapore received a distress alert at about 8:45 a.m.
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9/21/2026 9:13:48 AM
A new shuttling system is reshaping the Middle East oil market, as producers seek to keep exports flowing despite the escalating regional conflict. The question now is whether this complex, expensive process is a stopgap measure or the global energy market’s new normal.
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9/18/2026 11:54:57 AM
Yangzijiang Maritime Development has ordered 24 vessels from various Chinese shipyards for delivery between 2028 and 2030, expanding its newbuild portfolio across bulk carriers, chemical and product tankers and large oil tankers.
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9/18/2026 11:29:31 AM
US Coast Guard and FBI personnel boarded two commercial vessels bound for the United States in the Gulf of Mexico last month after indications that hackers had broken into their computer networks.The unusual operation, carried out on August 21 and August 24 aboard two foreign-flagged ships
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9/18/2026 8:28:37 AM
Shipowners have already ordered more than twice as many supertankers this year as in all of 2025, a buying spree worth over $20 billion that is the biggest for at least 25 years, as the US-Iran war redraws trade routes and boosts demand for long-haul crude shipments.
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