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Corsica Linea calls for resumption of activity following strike action
French shipping company Corsica Linea has expressed regret over the impact of ongoing strike action by the CGT Marins union. The industrial action has disrupted services for freight and passenger customers on routes serving Corsica, Algeria, and Tunisia since February 2. The company acknowledged the concerns of trade unions regarding the economic consequences of shipping […]
Atlantic LNG plans extended maintenance shutdown of train
Shell said it does not comment on trading activities, while BP and NGC did not respond to requests for comment. Atlantic LNG is Latin America’s largest exporter of the gas with a capacity to produce 12 mtpa of LNG. Last year, however, the plant exported around nine MT because of natural gas constraints, data from […]
Tengiz disruptions threaten sharp drop in Kazakhstan oil exports
An industry source said Tengiz oil supply to the CPC pipeline was around 30,000 tonnes per day in the first days of February. Sources familiar with the matter also told Reuters in late January that production at Tengiz was expected to reach about 33,000 tonnes, or roughly 260,000 bpd, equivalent to around 26 per cent […]
US accuses China of secret nuclear test, urges new arms control pact
Russia says the nuclear allies of NATO members Britain and France should also be up for negotiation – something those countries reject. At the Geneva forum, Britain said it was time for a new era of nuclear arms control that would bring China, Russia and the US to the table, adding that it shared US […]
US Sanctions More Tankers as Indirect Talks with Iran Begin
The U.S. State Department announced on Friday morning, February 6, that it was adding to the list of sanctioned tankers and companies supporting Iran’s oil industry as it seeks to keep up the pressure on Tehran. The move came as U.S. officials and Iran’s Foreign Minister were starting indirect talks in Oman. The State Department […]
Port of Virginia expands berth capacity for ultra-large containerships
The port is preparing for future ship sizes by ensuring readiness across its cargo yards, truck gates, rail ramps, and shipping channels. The increase in berth capacity for ultra-large vessels coincides with ongoing dredging projects to deepen Norfolk Harbour and commercial shipping channels to 55 feet (16.7 metres). This dredging work, which will make the […]
Orsted cuts debt faster than expected as US projects stall
The world’s biggest developer and operator of offshore wind farms reiterated guidance that core earnings for 2026 would be higher than DKK28 billion. It maintained its intention to reinstate dividends from the fiscal year of 2026. Orsted is currently building two US offshore projects, Revolution Wind and Sunrise Wind, following court decisions that suspended the […]
Petrobras takes stake in offshore Namibia oil field to boost reserves
Petrobras CEO Magda Chambriard told Reuters last year that the company aimed to make Africa its main region of development outside Brazil as it looks to boost reserves, citing countries such as Namibia, Angola and Nigeria. That marked a strategy shift under leftist President Luiz Inacio Lula da Silva. Under previous governments, Petrobras had divested […]
Korean RoRo Turns Around After Reporting Truck Fire
A Korean-flagged RoRo operating as a ferry was forced to turn around on Friday evening, February 6, after the crew discovered a truck fire onboard. The crew, aided by the local fire department and the Coast Guard, was able to bring the fire under control after about two hours. The Korean Coast Guard unit in […]
Explosion on board the MSC Giada III in the Gulf of Finland during a voyage to Russia.
The container ship, identified as the feeder MSC Giada III (Liberian flag, operated by MSC) suffered an explosion in the engine room while approaching Saint Petersburg, in the Neva Bay / mouth of the Neva River area, in the Gulf of Finland. The incident caused a fire that spread to the deck superstructure, with images […]