News
Caribbean Becomes New Staging Ground for Venezuelan Crude
By Weilun Soon (Bloomberg) — Tankers have begun discharging Venezuelan crude at Caribbean islands, publicly signaling their activity in a...
Tariff Shock Drives Canada Toward Beijing for Energy Lifeline
By Brian Platt (Bloomberg) — China and Canada are pushing to expand energy deals, with Prime Minister Mark Carney’s government looking to...
Libya To Sign $2.7 Billion Partnership To Expand Misurata Free Zone Port
Jan 18 (Reuters) – Libya will on Sunday sign a strategic partnership with international firms to expand and develop the Misurata Free Zon...
Panama Ports See 3.6% Rise In TEU Container Traffic In 2025
PANAMA CITY, Jan 16 – Panama’s port traffic rose 3.6% in 2025 to 9.9 million TEU containers compared to the previous year, the country’s ...
The Gradual Return of Ships to the Red Sea Hits a Key Milestone
Jan 16, 2026 (Bloomberg) –After more than two years of avoiding the Red Sea, the world’s leading container lines are inching back to the ...
Europeans Prepare Military Exercises in Greenland, Trump’s Ambitions Undeterred
NUUK, Jan 15 (Reuters) – European countries were sending small numbers of military personnel to Greenland on Thursday as Denmark and its ...
Venezuelan Oil Exports to China Set to Drop as US Blockade Limits Cargoes
SINGAPORE, Jan 14 (Reuters) – China’s oil imports from Venezuela are expected to slump starting from February as fewer tankers have manag...
Suez Shows Signs of Life as Major Ocean Carriers Cautiously Return After Two-Year Red Sea Exodus
Containership traffic through the Suez Canal is finally inching higher. In the week ending January 11, 26 containerships transited the ca...
China-Flagged Supertankers Abort Venezuela Run as U.S. Oil Embargo Tightens
HOUSTON, Jan 12 (Reuters) – Two China-flagged supertankers that were sailing to Venezuela to pick up debt-paying crude cargoes amid the U...