Media News


Starmer, Trump Discuss Opening Strait of Hormuz

Apr 09, 2026

British Prime Minister Keir Starmer spoke with U.S. President Donald Trump on Thursday about the need for a plan to restore shipping through the Strait of Hormuz 'as quickly as possible,' following a U.S. ceasefire with Iran, Downing Street said…

Tanker Vessel Futures Fly High on Demand

Apr 09, 2026

'By the end of the first quarter of 2026, the global shipping order book hit a 17-year high, reaching 191m Compensated Gross Tonnes (CGT). This is equivalent to 17% of the global fleet, the highest ratio since 2011. The order book has been boosted…

Gulf Coast Shipbuilding is the Anchor for America’s Maritime Comeback

Apr 06, 2026

The future of shipbuilding and maritime competitiveness will be featured at the Maritime Risk Symposium 2026, hosted by the Institute for Homeland Security, Sam Houston State University. On June 2–3 at LyondellBasell Center for Petrochemical…

Russian Oil Tanker Arrives in Cuba's Matanzas Port

Mar 31, 2026

A Russia-flagged tanker carrying some 700,000 barrels of crude arrived in Cuba's Matanzas Bay at daybreak on Tuesday, according to a Reuters witness and shipping data, marking the first significant oil delivery since the Trump administration cut off the island's fuel supply…

Two India-Bound Tankers Pass Through Strait of Hormuz

Mar 23, 2026

Two tankers bound for India sailed through the Strait of Hormuz on Monday, as U.S. President Donald Trump threatened to attack Iran’s power plants unless Tehran drops threats that have effectively closed the Gulf.Gulf nations including Saudi…

US Crude Being Shipped to Asia Via Panama Canal

Mar 19, 2026

Asian refiners are increasingly sending medium-sized crude cargoes from the U.S. Gulf Coast to Asia through the Panama Canal as the U.S.-Israeli war with Iran disrupts trade flows, raises shipping costs and forces Asian refiners to hunt for alternative supplies…

Exxon, BP, Vitol Ship Record Volume of US Oil Products to Australia in March

Mar 19, 2026

ExxonMobil, BP and Vitol are shipping a record volume of oil products to Australia from the U.S. in March, shipping data from trading sources shows, filling a gap left by the loss of regular volumes from Asia as the Iran conflict disrupts supplies…

Iran Fires Missiles at Qatar Energy Hub

Mar 18, 2026

Iran accused Israel of striking its facilities in the huge South Pars gas field on Wednesday in a major escalation in the U.S.-Israeli war that sent oil prices shooting higher, and retaliated by vowing attacks on oil and gas targets throughout the Gulf…

Energy Flow Stressed with Fujairah Port, Shah Gas Field Attacks

Mar 18, 2026

Oil loading at the United Arab Emirates port of Fujairah was at least partly halted after a third attack in four days caused a fire at the export terminal, while operations at the Shah gas field remained suspended after an earlier attack.The…

Bauxite Shipments up 16% but Outlook Uncertain

Mar 18, 2026

'During the first 11 weeks of 2026, bauxite shipments have surged 16% y/y, driven by strong Chinese demand for Guinean cargoes. Guinean bauxite has remained highly competitive, accounting for 79% of shipments and pushing non-Guinean bauxite shipments down 3% y/y…

ADNOC Suspends Crude Loading at Fujairah Port After Drone Attack

Mar 16, 2026

Abu Dhabi state oil giant ADNOC has suspended crude loading operations at the United Arab Emirates port of Fujairah, a source familiar with the situation told Reuters on Monday, after a drone attack triggered fires at the key export terminal…

EU Doesn’t See Risks to Oil and Gas Supply Yet

Mar 15, 2026

In separate ad hoc meetings of the Gas Coordination Group and the Oil Coordination Group held on March 12, the Commission and EU countries assessed the situation concerning the EU’s gas and oil security of supply in view of the continued disruptions in the Middle East…

James Fisher Marine Services Group Builds Momentum for 2026

Mar 12, 2026

UK-based marine services provider James Fisher and Sons plc reported improved profitability and margin growth in 2025, with the company pointing to stronger execution across its Defence, Energy and Maritime Transport divisions and continued progress in a multi-year turnaround strategy…

Oman Battles Fire at Salalah Port After Drone Strike

Mar 12, 2026

Oman's civil defence is working on containing a fire in fuel tanks at the country's Salalah port, Oman's state news agency reported on Wednesday, after drones struck oil storage facilities at the port.The state news agency, citing Oman's civil defence…

Current News

Turkey Launches Deep Sea Drilling Mission in Somalia

OMV Nominates BP Executive Emma Delaney as Next CEO

Petrobras Buys Back Petronas Stake in Two Brazil Offshore Fields

OneSubsea to Supply Production Boosting System for Shenandoah Field

Subscribe for OE Digital E‑News