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News
EU Imports More Yamal LNG as Russian Arctic Trade Tilts Toward Europe
2+ day, 5+ hour ago (617+ words) European Union spending on Russian Arctic LNG has already surpassed last year’s total, even as the bloc prepares for a broader phaseout of Russian energy imports. EU countries paid an estimated €7.28 billion for LNG from Russia’s Yamal project between January…...
Russia's Arctic LNG 2 Seeks $1 Billion in Damages From South Korea's Hanwha
5+ day, 7+ hour ago (243+ words) Novatek’s Arctic LNG project in the Russian Arctic. (Source: Novatek) MOSCOW, Sept 8 (Reuters) – Arctic LNG 2, a liquefied natural gas project led by Russia’s Novatek NVTK.MM, is seeking about $1 billion in damages from South Korean shipbuilder Hanwha Ocean over canceled…...
Russia Launches Massive Vostok Oil Project, Marking New Arctic Shipping Era
6+ day, 10+ hour ago (601+ words) Valentin Pikul at Vostok Oil Project in the Russian Arctic. (Source: Rosneft) Russia has begun loading crude from its giant Vostok Oil development onto tankers at the newly built Bukhta Sever terminal on the Kara Sea, marking the start of…...
Hormuz Traffic Dips To Lowest Since May After US, Iranian Strikes On Ships
6+ day, 19+ hour ago (370+ words) A file image from March 2, 2024, shows the Chinese-flagged VLCC supertanker Cosnew Lake, which exited the Red Sea via the Bab el-Mandeb Strait on July 23, 2026. VLADIMIR TONIC/Handout via REUTERS SINGAPORE, Sept 7 (Reuters) – An average of 10 commodity ships transited the Strait…...
New RAmparts 4300 ASD Tug Design for Guangzhou Port
1+ week, 4+ day ago (206+ words) gCaptain New RAmparts 4300 ASD Tug Design for Guangzhou Port Robert Allan Ltd. has been awarded a contract to design a new RAmparts 4300 ASD tug for Guangzhou Port. The vessel will mark the first Robert Allan Ltd.-designed tug to join…...
Cheniere Ships 5,000th LNG Cargo as Corpus Christi Expansion Wraps Up
1+ week, 6+ day ago (482+ words) Cheniere Energy has completed its major Stage 3 expansion at the Corpus Christi LNG terminal in Texas while marking another milestone for its U.S. Gulf Coast export business with the shipment of its 5,000th LNG cargo. The Houston-based LNG producer said the Corpus…...
Vessels Crossing Strait Of Hormuz Drop To 5 Per Day
1+ week, 6+ day ago (249+ words) Vessels in the Strait of Hormuz are visible near the beach of Bandar Abbas, Iran, August 28, 2026. Majid Asgaripour/WANA (West Asia News Agency) via REUTERS SINGAPORE, Aug 31 (Reuters) – The number of visible commodity vessels transiting the Strait of Hormuz dropped…...
Höegh Autoliners Orders Six More Aurora Class Car Carriers
2+ week, 4+ day ago (462+ words) Höegh Autoliners is expanding its Aurora class newbuilding program with an order for six additional vessels, taking the series to 18 ships with the potential to grow to as many as 26. The Norwegian car carrier operator said the six dual-fuel LNG,…...
Iran Blacklists 46 Ships On Hormuz ‘Non-Compliant’ List
2+ week, 5+ day ago (429+ words) Drone view of oil tanker HELGA berthed at one of Iraq's southern offshore oil terminals near Basra as it prepares to load crude oil, becoming the second vessel to arrive since the closure of the Strait of Hormuz, April 24, 2026. REUTERS…...
Maritime Markets Bracing for Long-term Disruption in the Middle East
3+ week, 3+ day ago (970+ words) Vessels in the Strait of Hormuz, Iran, May 22, 2026. Majid Asgaripour/WANA (West Asia News Agency) via REUTERS By Lori-Ann LaRocco – The strong undertow of political bluster, a lack of data, vessel attacks and the political calendar have transformed the flow…...