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Ship Believed to Have Spilled Oil off Venezuela

© Alexey Zakirov / Adobe Stock

An oil slick washed up over the weekend on the coastline of Venezuela's western Falcon state, known for pristine beaches and nature preserves, two opposition lawmakers said on Monday, though there was no official comment on the spill's provenance.Maria Hernandez, who chairs the opposition-held

Venezuela's Oil Exports Stagnant in July

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Venezuela exported about 388,100 barrels per day of crude and fuel in July, almost unchanged versus the previous month, as U.S. sanctions on PDVSA continued limiting sales, according to Refinitiv Eikon and internal data from the state-run company.Washington has ramped up pressure this year on PDVSA’s customers,

Tanker Crewmember Medevaced in US Gulf

A Coast Guard Air Station Houston MH-65 Dolphin helicopter aircrew medevacs a 36-year-old crewmember from a tanker vessel approximately 35 miles offshore Freeport, Texas, July 30, 2020. The crewmember was transferred to awaiting emergency services personnel and was reported to be in stable condition. (U.S. Coast Guard photo)

An ailing seafarer was medevaced from a tanker vessel in the Gulf of Mexico, approximately 35 miles offshore of Freeport, Texas, Thursday.U.S. Coast Guard Sector Houston-Galveston watchstanders received a report from the captain of the Liberian-flagged tanker vessel Tosna Star of a 36-year-old man who was experiencing shortness of breath.

New Stock Index Launched for LNG Shipping

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A newly launched stock index family is designed to measure the performance of companies involved in maritime transport of liquefied natural gas (LNG).The rules-based UP World LNG Shipping Index covers 17 publicly traded companies and partnerships from countries such as the U.S., Qatar, Japan, Norway, South Korea and Malaysia.

US-China Cold War Would Redirect Energy Flows

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Worsening diplomatic relations between the United States and China are putting a spotlight on their economic inter-dependency in the context of global supply chains for both technology and energy.Top policymakers in the United States and some of its closest allies, including Australia and Britain, have

Hin Leong's Owners Move to Block OCBC from Picking at Shipping Units

Illustration only - Credit: anekoho/AdobeStock

The family that owns beleaguered Singaporean oil trader Hin Leong Trading (HLT) is seeking to block creditor OCBC's request to appoint overseers for the family's Xihe Holdings and four other subsidiaries to recoup its debt.Oversea Chinese Banking Corp (OCBC) applied last week for the Singapore

UN Awaiting Houthi Approval to Visit Decaying Oil Tanker off Yemen

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The United Nations said on Tuesday it was still waiting for Yemen's Houthi group to authorize deployment of an assessment team to a decaying oil tanker that is threatening to spill 1.1 million barrels of crude oil off the war-torn country's coast.Two weeks ago U.N. aid chief Mark Lowcock told the U.

Lim Family Seeks to Halt Law Firm from Taking Court Role

© Vladimir Knyaz /

Members of Singapore’s Lim family have asked a court to stop law firm Rajah & Tann Singapore LLP (R&T) from working for court-appointed supervisors to two companies in the Lim’s embattled oil trading empire, Evan Lim Chee Meng told Reuters.Lim and his sister, Lim Huey Ching, filed an application to

Silverstream Air-lubrication Chosen for 8 Newbuilds

(Image: Silverstream )

U.K.-based Silverstream said it has secured orders for air lubrication technology on eight Hyundai Heavy Industries newbuild liquefied natural gas (LNG) carriersSignificant order on Shell-chartered LNG vessels sees proven Silverstream System specified on major newbuild program in South Korea.U.K.-based

Nakilat Takes Another LNG Carrier Into In-house Management

(Photo: Nakilat)

Qatari shipping company Nakilat said it has assumed full ship management and operations of Q-Max LNG carrier Al Samriya from Shell Trading and Shipping Company Limited with effect from 27 July, as part of the second phase of its planned fleet management transition program.With a cargo carrying capacity of 263,

GTT Inks Services Deal with Fleet Management

(Photo: Fleet Management)

GTT said it has signed a Global Technical Services Agreement (TSA) with Hong-Kong based ship-management company Fleet Management. GTT will support Fleet Management with the shipbuilding supervision, maintenance and operation of the vessels they manage.This agreement includes technical assistance for inspection,

US Oil Exports to Europe Rebound

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The United States has increased oil supply to Europe in July for the first month since May, making up for output cuts from OPEC+ members, according to traders and Refinitiv Eikon data.U.S. crude supply to Europe reached nearly 31 million barrels in July, according to Refinitiv Eikon data as of July 24.

Crew Kidnapped from Tanker in the Gulf of Guinea

© Martin Smith /

Armed pirates have reportedly kidnapped 13 seafarers from a Liberian-flagged product tanker in the Gulf of Guinea off West Africa, continuing a rise in attacks on vessels in the world's most dangerous piracy hot spot.The Curcacao Trader was approached by eight armed individuals aboard a single speedboat

Shipments Resume from Pemex FPSO After Collision

File photo: El Señor del Mar FPSO (Photo: Pemex)

An oil production and storage vessel operated by Mexican state oil firm Pemex in the Gulf of Mexico has resumed crude shipments after a tanker collision halted exports earlier this month, according to a person with knowledge of the matter and data from Refinitiv Eikon.The FPSO facility (floating production,

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