A Reuters investigation has uncovered how dark-fleet tankers enabled Mexico’s Jalisco New Generation Cartel to build a multi-billion-dollar fuel smuggling empire by exploiting loopholes in global oil trade and customs systems.
Exmar has signed a strategic partnership with EemsEnergyTerminal, jointly owned by Gasunie and Vopak, to extend operations of the Eemshaven LNG import terminal beyond 2027.
BIMCO is preparing a standard clause in response to China’s new “Special Port Fees” applicable to vessels with U.S. links, aiming to reduce contractual risk for the shipping industry.
After briefly transmitting AIS data for three days, Iran’s tanker fleet has reverted to dark operations, highlighting continued sanctions evasion and global monitoring challenges.
Greece, home to one of the world’s largest shipping fleets, is urging the IMO to adopt a decarbonisation framework that is both fair and realistic, following next year’s delay of the Net-Zero Framework vote.
Panama has unveiled an US $8.5 billion schedule to strengthen the canal’s resilience, expand water capacity, and modernise infrastructure amid growing global trade and climate challenges.
Pacific Basin Shipping will move its strategic headquarters to Singapore to mitigate U.S.–China port fee exposure and reflag part of its fleet.
Russia and China signed a non-binding MoU to jointly develop Arctic shipping via the Northern Sea Route, reinforcing strategic cooperation while maintaining flexibility.
NorthStandard appoints Michael Hustler as Head of Asia-Pacific to strengthen its leadership and growth strategy across the region.
