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Refiners in China, the world's top oil importer, have enough supply on hand to weather near-term disruption from the Iran conflict, bolstered by recent record purchases of Iranian and Russian crude and robust government stockpiling, traders said.A prolonged supply disruption could…
https://www.marinelink.com/news/china-oil-refiners-feel-safe-iran-536369
https://www.marinelink.com/news/china-oil-refiners-feel-safe-iran-536369Mike Sabel, CEO of Venture Global, said that the company has the largest amount of LNG cargoes in the world that are not contracted and is prepared to stabilize global markets when Qatar stops production due to attacks by Iran.Qatari LNG production equals about 20% of global supply.
https://www.marinelink.com/news/venture-global-ready-meet-lng-shortage-536377
https://www.marinelink.com/news/venture-global-ready-meet-lng-shortage-536377The U.S. and Israeli air war against Iran widened on Monday, with no end in sight as Israel attacked Lebanon in response to strikes by Hezbollah and Tehran kept up its missile and drone attacks on Gulf states that host U.S. military bases.U.S.
https://www.marinelink.com/news/conflict-widens-lebanon-iran-threatens-536384
https://www.marinelink.com/news/conflict-widens-lebanon-iran-threatens-536384Container ships account for roughly 100 of the 750 ships ensnared in the Strait of Hormuz backups following U.S. and Israeli attacks on Iran, Jeremy Nixon, CEO of container carrier Ocean Network Express (ONE), said on Monday."About 10% of the container ship global fleet is caught up in this…
https://www.marinelink.com/news/global-container-fleet-caught-hormuz-536385
https://www.marinelink.com/news/global-container-fleet-caught-hormuz-536385Tidewater Inc. announced its 2025 results with Quintin Kneen, Tidewater’s President and CEO, commenting, “Although 2025 was anticipated to be a down year for the offshore industry, I am pleased to say that by all measures Tidewater was able…
https://www.marinelink.com/news/tidewater-ceo-upbeat-despite-challenges-536386
https://www.marinelink.com/news/tidewater-ceo-upbeat-despite-challenges-536386The advancement of the recently announced America’s Maritime Action Plan (MAP) is embraced by the ports in the bi-state St. Louis region as a unique opportunity to play a role in this comprehensive federal framework. The MAP is a blueprint for rebuilding the nation’s maritime strength…
https://www.marinelink.com/news/americas-maritime-action-plan-creates-536387
https://www.marinelink.com/news/americas-maritime-action-plan-creates-536387The Baltic Exchange’s dry bulk index, which tracks rates for vessels transporting dry commodities, advanced for a second session on Monday, rising 2.2% to its highest since December 16 at 2,187 points. All vessel segments saw increases, with investors anticipating higher freight rates due to the Iran conflict and reduced shipments from major exporters. Container ...
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-over-2-month-high/
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-over-2-month-high/With Capesize earnings expected to remain firm, the strength of the Cape market is likely to continue to support Panamax freight rates. A key driver of this continued correlation will be competition on major coal routes that still employ both Cape and Panamax tonnage. With Capesize earnings expected to remain firm, the strength of the ...
https://www.hellenicshippingnews.com/structural-shift-in-capesize-trade-supports-panamax-coal-opportunities/Demand for second hand dry bulkers has grown considerably during the few weeks of 2026. In its latest weekly report, shipbroker Xclusiv said that “from 1 Jan to 20 Feb 2026, the dry bulk S&P tape has been running at a materially stronger tempo compared to the same window of 2025. Based on Xclusiv’s Shipbrokers ...
https://www.hellenicshippingnews.com/dry-bulk-ships-in-high-demand/
https://www.hellenicshippingnews.com/dry-bulk-ships-in-high-demand/Marcus Chew, founder and CEO of Singapore’s tender drilling rig specialist Energy Drilling, will step down from his role and will take on the position of executive chairman. Luc Plouzennec, currently the VP of operations and marketing, will take over as CEO. His position will be filled by Chua Yong Chiang, the company’s current marketing …
https://splash247.com/energy-drilling-founder-marcus-chew-to-step-down-as-ceo/
https://splash247.com/energy-drilling-founder-marcus-chew-to-step-down-as-ceo/