In March, Saudi Aramco began diverting crude exports to Yanbu as the East-West pipeline approaches full operating capacity (7mbd, industry sources). The shift is designed to keep barrels moving while the Strait of Hormuz remains heavily constrained, but Yanbu’s loading limit of 4.5mbd (Argus) is well beyond Vortexa’s observed historical peak monthly export rate of …
Yanbu VLCC liftings broaden as freight premiums surge Read More »
The Liberian Registry, the world’s largest ship registry, will soon introduce electronic seafarer documents as part of its commitment to digital innovation and compliance. In doing so, the benefits of these efforts extend across the entire maritime industry, supporting all stakeholders as we navigate the complexities of the current global operating environment. For Shipowners, enhanced …
Liberian Registry to Introduce Electronic Seafarer Documents Read More »
A war-driven oil shock has once again exposed shipping’s vulnerability to fossil fuel dependence and reinforced the need to shift to low- and zero-emission bunker fuels. The ongoing Middle East conflict and the closure of the Strait of Hormuz have roiled global oil and gas markets. The front-month ICE Brent crude futures contract topped $100/bbl …
The US government is weighing a waiver of the Jones Act, a White House spokesperson confirmed on March 12. In a statement provided to Platts, part of S&P Global Energy, White House Press Secretary Karoline Leavitt said the administration had not finalized any decision. “In the interest of national defense, the White House is considering …
US weighing Jones Act suspension to ease energy prices amid Iran war Read More »
The Board of Directors of the Eritrean Seaman Union expresses its sincere sympathy to the people of the Gulf region and extends its wishes for peace and stability amid the current tensions. The recent unpredictable incidents across Gulf waters have created danger and uncertainty, and our thoughts are with all those affected. At present, thousands …
Italy is not conducting negotiations with Iran to secure safe passage through the Strait of Hormuz for Italian vessels or oil tankers, an Italian foreign ministry source said on Friday. The statement contradicts a report published by the Financial Times suggesting such talks were taking place. “In their diplomatic contacts, Italian leaders want to favour …
Italy denies negotiating safe passage through Hormuz Strait with Iran Read More »
On March 11th, NYK Group company, NYK Holding (Europe) B.V. (“NHE”), reached an agreement with the Norwegian shipping company Westfal- Larsen Group to fully acquire Saga Welco AS (“Saga Welco”). Saga Welco, a Norwegian shipping operator specializing in transporting cargo via open-hatch vessels*, is currently jointly owned by NHE and the Westfal-Larsen Group, with each …
NYK Group fully acquires Saga Welco AS, a leading open-hatch vessel operator Read More »
Vacantes con perfiles Marítimo, Portuario y/o Logístico para el Grupo TRAGSA – 15 plazas 6 – Administrativos/as – Pesca Ilegal (Madrid) – Portal de Empleo 1 – Ingeniero/a, Licenciado/a o Graduado/a + Máster Oficial en ICCP o Geología – Explanaciones Red Ferroviaria (Nacional) – Portal de Empleo 1 – Licenciado/a o Graduado/a + Máster Oficial …
Vacantes con perfiles Marítimo, Portuario y/o Logístico para el Grupo TRAGSA – 15 plazas Read More »
El stand del Clúster agrupaba a los socios Basque CCAM, Bideroad, Mobility Lab Vitoria-Gasteiz y las Diputaciones de Bizkaia y Gipuzkoa El Clúster ha presentado en la feria DS4Moveus, el primer espacio de datos de movilidad y logística de Euskadi. El Clúster de Movilidad y Logística de Euskadi finaliza su participación en la feria internacional …
El Clúster de Movilidad y Logística de Euskadi participa con sus socios en Intertraffic Read More »
Belgian offshore contractor Jan De Nul plans to install three subsea power cables and […] The post WATCH: Jan De Nul to carry out ‘industry’s first’ simultaneous multi-cable installation for TenneT appeared first on Offshore Energy.
