The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels transporting dry bulk commodities, extended losses on Monday, as rates across all vessel segments declined. The main index, which factors in rates for capesize, panamax and supramax shipping vessels, lost 44 points, or 2.2%, to 1,979 points, its lowest since November 4. …
Baltic Index Falls As Vessel Rates Slide Across All Segments Read More »
Drewry expects the dry bulk market to improve in 2026 after a year of geopolitical disruptions and trade uncertainty shaped the market sentiment more than underlying demand–supply fundamentals. The second half of 2025 has already shown an apparent stabilisation, and the recent easing of the USTR policy, along with the US–China tariff truce announced in …
Smoother sailing for dry bulk market in 2026, but some swells remain Read More »
The US Coast Guard is actively pursuing a vessel associated with Venezuela’s sanctions evasion, a US official told Platts, part of S&P Global Energy, Dec. 21, a continuation in US President Donald Trump’s pressure campaign against Venezuelan President Nicolas Maduro. The pursuit follows two US seizures of tankers carrying Venezuelan crude Dec. 20 and Dec. …
US in active pursuit of third vessel associated with Venezuela’s shadow fleet Read More »
Why a Red Sea return will make waves Container lines deciding to navigate back to the Red Sea is arguably the most important development to watch for in the global shipping market next year. And it’s not a matter of ‘if’, but ‘when’. And should one big company decide it’s worth the risk, others will …
A Red Sea return would be a game changer for container shipping in 2026 Read More »
Asia’s spot differential for 380-cst high sulphur fuel oil (HSFO) rose slightly on Monday after some trades emerged, though the market continued to hold in a contango for prompt months. Two deals for 380-cst HSFO came up following a trading lull on the window for two weeks, based on data from market sources. These were …
HSFO differential inches up though market retains contango Read More »
London-listed oil and gas company Harbour Energy has made a multibillion-dollar play for LLOG Exploration Company (LLOG), which is being acquired from LLOG Holdings for $3.2 billion, comprising $2.7 billion of cash and $0.5 billion of the UK player’s voting ordinary shares. The post $3.2 billion move on LLOG opens doors to Gulf of America oil …
$3.2 billion move on LLOG opens doors to Gulf of America oil & gas scene for Harbour Read More »
Equinor, a Norwegian state-owned oil and gas giant, has uncovered a new oil and gas/condensate discovery that enriches its hydrocarbon arsenal off the coast of Norway. The post Fresh oil and gas/condensate find comes to light offshore Norway appeared first on Offshore Energy.
Classification society Bureau Veritas Marine & Offshore (BV) has classed its first methanol dual-fueled […] The post CMA CGM takes delivery of methanol dual-fueled container ship from Chinese shipyard appeared first on Offshore Energy.
From developments in shipping to innovative commercial strategies, discover insights, emerging trends, and opportunities to connect leaders across the global LNG value chain. Here’s a snapshot of what to expect at the Qatar National Convention Centre in Doha, Qatar, 2–5 February 2026: LNG Shipping The LNG fleet is evolving rapidly, balancing regulatory compliance, operational feasibility …
LNG2026 brings together visionaries transforming the LNG industry Read More »
In partnership with China Offshore Oil Engineering Co. (COOEC), Italy’s engineering, drilling, and construction services giant Saipem has won a multibillion-dollar engineering, procurement, construction, and installation (EPCI) assignment with QatarEnergy LNG, a subsidiary of Qatar’s state-owned energy giant QatarEnergy, at a huge natural gas field off the north-eastern coast of Qatar. The post Saipem and …
Saipem and COOEC rake in $4 billion for work at QatarEnergy’s giant offshore gas field Read More »
