Oil and Petrochemicals
Petrobras Signs Cooperation Agreement with Mozambique's National Hydrocarbons Company
Petrobras and Mozambique's National Hydrocarbons Company signed a cooperation agreement in the oil and gas sector. This...
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Exclusive Report
Ilias P. Tsakiridis Reports on the Softening Trend of the Ocean Vessel Insurance Market
The global ocean vessel insurance market is softening despite a 9.4% increase in premiums in 2025. The growth of the glo...
Oil and Petrochemicals
Significant Increase in VLCC Charter Rates in September 2023
The average VLCC charter rate has risen from $198,000 per day in July to $722,946 per day in mid-September. This increas...
Exclusive Report
Colombia's Coal Exports Enter a New Phase
Colombia's coal exports reached 23.5 million tons this year, representing a 17.4% increase. Additionally, the reopening...
Analysis
Global Cooperation for Maritime Security Emphasized at BIMCO 2026 Conference
The BIMCO 2026 Maritime Security Conference highlighted the necessity of close cooperation to protect ships and global t...
Oil and Petrochemicals
IUMI Billion-Dollar Losses for Marine Insurers in Support of Hormuz Energy Flow
Marine insurers have incurred billions of dollars in losses due to coverage of war risks in the Strait of Hormuz, despit...
Oil and Petrochemicals
Heavy Oil Production in Fujairah Reached 4.69 Million Barrels
Fujairah's heavy oil reserves increased by 19% in September, reaching 4.69 million barrels. The region's heavy oil impor...
Technology
Enhancing Seafarers' Competence for Alternative Fuels and New Technologies
Maritime experts in Lisbon emphasized the training and competency needs of seafarers in the use of alternative fuels and...
Environment
Interferry Supports the Full Potential of Electrification in the EU Carbon Trading System
Interferry, as a global ferry industry association, has welcomed the European Commission's proposed amendment to the EU...
Oil and Petrochemicals
Fuel Demand at the Port of Houston and Weather Forecast
Fuel demand at the Port of Houston has significantly increased, and the delivery time for various fuels has decreased. W...
Economy
Sanjidivan Sanal reported on India's potential to become a major shipbuilding power
Sanjidivan Sanal announced that India, given its existing capacities, could become the fourth largest shipbuilder in the...
Environment
Establishment of the International OceanEye Alliance by Ursula von der Leyen and Mark Carney
The OceanEye Alliance was launched to enhance ocean monitoring and provide sustainable support for the global ocean obse...