World.
Scorpio Tankers announces agreements to sell three Product Tankers and Purchase Four Newbuilding Vessels
Scorpio Tankers Inc. announced that it has entered into agreements to sell three product tankers and purchase four newbuilding vessels. Vessel Sales The Company has entered into agreements to sell three product tankers comprising the 2014 built scrubber-fitted MR product tanker, STI Dama, for $37.5 million, the 2014 built scrubber-fitted LR2 product tanker, STI Elysees, for $70.0 million, and…
Grain exports stall as Ukraine steps up attacks on Russia
When Russian President Vladimir Putin spoke in 2014 about Russia’s motives for annexing the Ukrainian peninsula of Crimea, and thus violating international law, he justified it by saying: “We could…
Houthi threats force Saudi to reroute oil, extend Asia transit and costs
Saudi Arabia, the world’s largest oil exporter, is readjusting its crude shipping routes. As Yemen’s Houthi rebels have recently threatened even the Red Sea lanes, it is increasing detours that use…
Hormuz disruption to keep oil prices firm; $100/bbl risk looms: Analysts
Crude oil prices are likely to remain elevated in the near term as disruptions to flows through the Strait of Hormuz have triggered a sharp drawdown in global inventories, even as the outlook beyond…
A second Qatari LNG Carrier struck as 22 Chinese vessels cross the Red Sea unharmed
GASLOG SHANGHAI, a Bermuda-flagged LNG tanker carrying Qatari LNG, was struck by a likely Iranian projectile approximately 11 nautical miles northeast of Limah, Oman, on July 31, the second…
EU Sanctions: 21st Sanctions package against Russia
On 23 July 2026, the Council of the European Union adopted its 21st package of restrictive measures against Russia, amending Regulation (EU) 833/2014 and Regulation (EU) 269/2014. These measures were…
Navigator Gas secures financing for two ammonia-capable carriers – ENGINE
Navigator Amon Shipping has secured a $121.8 million loan to finance two ammonia-capable gas carriers under construction in China. Navigator Amon Shipping is a joint venture…
DP World Enters agreement to develop Fujairah container terminals
New terminals will extend the Jebel Ali ecosystem through an integrated supply chain, reinforcing DP World's UAE ports and logistics network DP World has reached an agreement in principle with the…
US or Iran: Who will win the Hormuz blockade endurance game?
Deadlocked, dysfunctional and dangerous: That is how the Strait of Hormuz standoff is increasingly being described. Now approaching its fourth month, the crisis off the coast of Iran is marked by…
Use of scrubbers in the Mediterranean Sea Emission Control Area Med ECA
From 1 May 2025, ships operating within the Mediterranean Emission Control Area became subject to full compliance with the applicable sulphur requirements under the International Convention for the…
DORIC MONTHLY CHINA BAROMETER MAY 2026
Pls find below the DORIC MONTHLY - CHINA BAROMETER MAY 2026 CHINA_BAROMETER_MAY_2026
VIKAND and LEDGID announce partnership to support a more connected digital ecosystem for seafarers
VIKAND has partnered with LEDGID to help build a more connected digital ecosystem for seafarers, improving access to services, wellbeing support and future healthcare integration at sea. The…
Republic of the Marshall Islands Maritime Administrator welcomes HEROIC IDUN judgment
A Special Chamber of the International Tribunal for the Law of the Sea delivered its judgment Wednesday in the case of the Republic of the Marshall Islands v. Republic of Equatorial Guinea “Heroic…
Port of Long Beach awards nearly $400,000 in scholarships
The Port of Long Beach presented a record of almost $400,000 in scholarships to 165 local high school and college students to study and train in port-related fields including engineering,…
Five stages for the key issues facing the Maritime Industry
From Energy Efficiency to Maritime Security & Defence: SMM 2026 Brings the Industry’s Future Topics to the Stage. From 1 to 4 September 2026 in Hamburg, SMM – the world’s leading maritime…
Lloyd’s Register launches Future Navigators Schools Programme pilot in Nigeria
Lloyd’s Register is launching its Future Navigators Schools Programme pilot in Lagos, Nigeria, aimed at inspiring young people to explore maritime and STEM careers through in-person interactive…
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