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As the U.S government starts to enter a power transition phase, both Iran and Venezuela are ready and inclined to analyze the outgoing Trump administration in a major gimmick to detour sanctions in a crude and fuel export scheme ... continue reading

After U.S. sanctions sent the oil trade to Venezuela underground for more than a year, Venezuela has resumed direct shipments of oil to China, as per our vessel tracking system's data, and documents from PDVSA. For over a ... continue reading

Novatek-Western Arctic, a wholly owned subsidiary of Russia’s major LNG producer Novatek, completed Russia’s first ship-to-ship LNG transshipment in the Kildin Strait of the Barents Sea. The Arc7 ice-class LNG tanker Nikolay Yevgenov successfully reloaded an LNG cargo ... continue reading

LNG operator Equinor, Norway's largest energy company, could close its Hammerfest facility for up to twelve months for repairs after a fire ravaged the LNG terminal. The fire struck the Norwegian facility on September 28. Company officials conducted an ... continue reading

By 2023, Russia's second-largest natural gas producer, Novatek, will launch an LNG terminal in Rostock. At the 4th LNG Fleet, LNG Bunkering and Alternatives conference organised by PortNews Media Group, Aleksandr Semyonov, Director of the Seaborne Transport Department at ... continue reading

As per reports from the Associated Press, three tankers carrying Iranian crude oil bearing the flag of Iran have reached Venezuela against sanctions imposed by the United States of America. The arrival of Iranian tankers constitutes a success for the ... continue reading

Venezuelan VLCC tanker AYACUCHO, changed flag early May this year, finding rather unusual substitute, now she’s registered under Russian flag and got a Russian name MAKSIM GORKY, though understood, she’s still operated by Venezuelan interests. All of sudden ... continue reading

The island of Mauritius is facing an environmental catastrophe after oil began leaking from a grounded vessel. Mauritius on Thursday announced that oil was leaking from the bulk carrier Wakashio that had run aground in the southeast of the island ... continue reading

The Oil Products Tanker VENLO (recent name: OWL 6) is the second oil tanker to be grounded in the past two months due to river pilots ignoring marker buoys. In June, the Oil tanker SEA FORCE had to be pushed ... continue reading

A high-risk oil tanker has been lying off the coast of Yemen since 2015 and is rusting without a crew on board - but holding 1.2 million barrels of crude oil. The oil tanker FSO Safer which was built in ... continue reading

Since crude storage capacity on land is limited and close to being exhausted, oil tankers are used by traders to store crude resulting from the decline in oil prices related to lower demands in times of the corona pandemic. The ... continue reading

18 crew of Aframax tanker STI ROSE requested replacement and repatriation from Shanghai, where tanker is presently docked, pending 2-month repairs at ship repair yard. 21 crew include 10 Russian, 10 Filipino and 1 Greek nationalities. Russian seamen also contacted ... continue reading

175 LNG-powered ships are currently operating worldwide. The world's largest bunker ship for liquefied natural gas (LNG) reached Rostock today. LNG bunkering vessel KAIROS will refuel another ship with LNG from the seaside. The procedure takes eight hours until ... continue reading