Author name: admin

US shipping, supply chains pressured as Middle East conflict raises costs

The US-Iran conflict and subsequent closure of the Strait of Hormuz is putting upward pressure on both liquid tanker and container rates, increasing costs for shippers regardless of trade lane, while at the same time costs to move freight domestically via rail and truck are also rising amid changing federal and state regulations. All these …

US shipping, supply chains pressured as Middle East conflict raises costs Read More »

Clean Arctic Alliance Welcomes Coming into Force of Emission Control Areas for Shipping

Reacting to the coming into force of the Canadian Arctic and Norwegian Sea emission control areas (ECAs) on March 1, Dr Sian Prior, Lead Advisor to the Clean Arctic Alliance said: “The Clean Arctic Alliance welcomes the entry into force of the two new emission control areas (ECAs) in the Canadian Arctic and Norwegian Sea, …

Clean Arctic Alliance Welcomes Coming into Force of Emission Control Areas for Shipping Read More »

US explored linking Hormuz naval escorts to government insurance

The Trump administration considered plans to require ships escorted by the U.S. Navy through the Strait of Hormuz to buy insurance from the U.S. government, the Financial Times reported on Thursday. U.S. President Donald Trump had earlier signaled that Washington would insure commercial vessels seeking to transit the strategic waterway, as its near closure by …

US explored linking Hormuz naval escorts to government insurance Read More »

Transocean, Noble, COSL, Seadrill, and Valaris pinpointed as rig backlog powerhouses

While taking a deep dive into the floater rig market and top floating rig managers based on the current total backlog for 2026, Westwood Global Energy, an energy market research and consultancy firm, has spotlighted five offshore drilling players – Transocean, Noble, COSL, Seadrill, and Valaris – as the ones that share the largest slices …

Transocean, Noble, COSL, Seadrill, and Valaris pinpointed as rig backlog powerhouses Read More »

South Asia’s $107 billion LNG gamble facing finance and energy supply threats amid Middle East conflict

With instability and vulnerabilities looming across global markets and power systems in the wake of the U.S. and Israeli attack on Iran, South Asia’s planned multibillion-dollar liquefied natural gas (LNG) infrastructure expansion is exposed to economic and energy security risks, according to Global Energy Monitor’s Asia Gas Tracker, a provider of comprehensive dataset of gas infrastructure …

South Asia’s $107 billion LNG gamble facing finance and energy supply threats amid Middle East conflict Read More »

Malaysian shipowner scoops up eight new vessel gigs

Keyfield International, a Malaysian fleet owner of offshore vessels, has picked up new assignments across Malaysia, the Middle East, and Thailand for seven accommodation work boats (AWB) and one anchor handling tug supply (AHTS) vessel. The post Malaysian shipowner scoops up eight new vessel gigs appeared first on Offshore Energy.

Scroll to Top