Hanwha Ocean delivers second of four VLCCs to DHT Holdings
DHT Holdings has taken delivery of the second of four Very Large Crude Carriers (VLCCs) from South Korean shipbuilder Hanwha Ocean. This event marks a significant step in the crude oil tanker company'
Oil prices surge 15% as Strait of Hormuz disruptions tighten supply
Global crude benchmarks experienced a significant upward movement on Monday, with prices climbing approximately 15% to levels not seen since mid-2022. This shar
Offshore Technology·Mar 9
Oil Prices Drop as the G7 Considers Releasing Up to 400 Million Barrels
G7 finance ministers are reportedly considering an emergency release of up to 400 million barrels from strategic oil reserves. This potential action aims to cou
OilPrice·Mar 9
Viridien on 3D seismic survey duty off Uruguay
French geophysical specialist Viridien has initiated a multi-client 3D seismic acquisition campaign offshore Uruguay. This crucial exploration activity aims to
Offshore Energy·Mar 9
Fears for ferry fare hikes as oil prices rise amid regional war
Greek Shipping and Island Policy Minister Vasilis Kikilias recently articulated concerns over the escalating Middle East conflict's impact on regional security
Cyprus Mail·Mar 9
Mar 9
Bapco Invokes Force Majeure
Rigzone
Mar 9
Saudi Arabia Offers Rare Spot Crude as Strait of Hormuz Traffic Collapses