Oil refiners gear up to supply marine fuel compliant with IMO2020

GLOBAL oil refiners have revamped processing units and adjusted operations to boost output...

Manila deems ICTSI's proposal to develop Iloilo ports as complete

THE Philippine Ports Authority has declared the proposal submitted by International Container...

OOIL closes Long Beach terminal sale forced for national security reasons

COSCO-owned Orient Overseas (International) Limited (OOIL) has completed the sale of the Long...

Antonov Airlines flies 70 tonnes of oil well equipment to Argentina for Crane Worldwide

UKRAINIAN cargo carrier Antonov Airlines has transported a mobile crane and fire extinguishing...

Two shipping firms fined US$1.8m for illegally dumping oily bilge water in US

NEDERLAND Shipping Co and Chartworld Shipping Co have agreed to pay a US$1

US sanctions Cosco subsidiaries for importing Iranian crude oil

COSCO Shipping Tanker (Dalian) Co and Cosco Shipping Tanker (Dalian) Seaman & Ship Management...

Fuel prices to increase in wake of attack on Saudi Arabia's oil refinery

THE drone attack on Saudi Arabia's Abqaiq oil refinery is likely to push up fuel prices...

OOIL names Cosco's Wang Haimin as new CEO in major reshuffle

ORIENT Overseas (International) Limited OOIL, the parent company of Hong Kong containerline...

Petronas licence opens GAC Malaysia to oil and gas opportunities

THE Petroliam Nasional Berhard (Petronas), custodian of Malaysia's national oil and gas...

China slaps tariffs on US pharma, crude oil, soybeans in retaliation

CHINESE retaliatory measures went into effect in response to last week's 15 per cent US...

OOIL back in the black with a H1 profit of US$139m despite economic uncertainties

HONG Kong's Orient Overseas (International) Ltd (OOIL), now a Cosco unit, and parent of...

Panalpina opens new Oman office to handle nation's thriving oil market

PANALPINA is preparing to open a new office in Muscat, Oman, in the third quarter to expand...

Gibraltar rejects US plea and releases renamed Iranian oil tanker

AN Iranian supertanker hauling US$130 million worth of light crude oil that the US suspects...

Oil retreats after biggest jump in five weeks as stockpiles rise

OIL prices declined after the biggest spurt in five weeks as an industry report showed American...

Gibraltar to release Iranian oil tanker 'Grace 1' today

Gibraltar Chief Minister Fabian Picardo said that the Grace 1 would be released on Thursday,...

China's crude oil imports from Saudi Arabia surge in first half

CHINA's crude oil imports from Saudi Arabia surged in the first half of the year, according...

Toronto needs to be a well-oiled machine to handle 45pc of Canada's air cargo

TORONTO Pearson is one of North America's busiest airports, after handling 45 per cent...

Diverted Iranian oil tanker suspected of illegal ship-to-ship transfers

THE Panama-flagged 1,899-dwt oil tanker Riah that Iran said it towed into its waters after...

Venezuela makes oil transfers in waters off Malaysia as Iran does

VENEZUELAN-linked tankers appear to be using Iranian-style ship-to-transfers off Malaysia...

Higher Middle East shipping costs hits Asian oil companies and shippers

ATTACKS on tankers in the Gulf of Oman on June 13 have pushed up freight rates and insurance...

Arrest of Iranian oil tanker off Gibraltar faces potential legal wrangle

THE legality of the seizure of 300,579-dwt crude tanker Grace 1 by the Royal Navy off Gibraltar...

China defies US sanctions against Iranian oil, extends economic lifeline

CHINA is buying Iranian oil despite US sanctions placed on Iran's oil exports, providing...

Gibraltar seizes Iranian oil tanker resulting in UK-Iran diplomatic row

A DIPLOMATIC row between the UK and Iran has broken out following the detention in Gibraltar...

Two tankers hit in the Gulf and oil surges over 4.5pc

TWO tankers were damaged in a suspected attack in the Gulf of Oman, just weeks after a previous...

Oil market fraught with politics as never before, says BIMCO expert

THE oil tanker market has been fraught with politics as never before, says Peter Sand, top...

Philippines Iloilo port development gets vital backing from Senator Drilon

TYC0ON Enrique Razon Jr's International Container Terminal Services Inc's (ICTSI)...

Caspian Shipping Company to modernise its fleet to service oil fields

THE Azerbaijan Caspian Shipping Company (ASCO) says it will build 56 new vessels within 10...

US$4m fine for oil-contaminated ballast water discharge in Texas

A US District Court has fined owners of the Greek-flagged 44,990-dwt chemical tanker Nicos...

Cosco's OOIL sells Long Beach terminal to Macquarie for US$1.78b

ORIENT Overseas International Ltd (OOIL) announced that it has agreed to sell its Long Beach...

Four shipping firms, 9 ships, carrying Venezuelan oil fall afoul of US law

THE United States has placed more sanctions on shipping companies transporting oil from Venezuela,...

Hapag-Lloyd's Dublin Express leaked up to 100,000 gallons of fuel oil

THE Unified Command, consisting state and federal agencies and set up to coordinate the cleanup...

OOIL, Cosco, JD Logistics form online logistics platform joint venture

A SUBSIDIARY of Orient Overseas International Ltd, Gold Talent, Cosco Shipping Logistics and...

Malta charges 3 African teenagers with hijacking an oil tanker

THREE teenage African migrants have been charged by Maltese authorities with committing an...

Automation adds to appeal of OOIL's LBCT for potential buyers

BUYER interest has been heating up in the highly automated Long Beach Container Terminal (LBCT)...

Profits decline but revenues rise in 2018 at Hong Kong's OOIL

HONG KONG's Orient Overseas (International) Ltd (OOIL), the parent company of container...

Maersk sells US$1 billion in shares in French oil company Total

DANISH shipping giant Maersk, which has been reducing its holdings in Total over the past...

Interorient fined US$2 million for dumping oily wastewater into US waters

INTERORIENT Marine Services has been fined US$2 million and must serve a four-year probation...

Search continues for 2 missing seamen after oil tanker explosion in Hong Kong

FIREMEN in Hong Kong are continuing their search for two missing crew members following an...

US exports of crude oil, petroleum products in Nov beats imports

FOR the first time since 1991 the US exported more crude oil and petroleum products than it...

Would-be buyers mull OOIL Long Beach container terminal purchase

COSCO Shipping Holdings' sale of a container terminal in Long Beach has drawn interest...

Greek ship operators fined US$4 million for dumping oil off Texas

TWO Greek shipping companies, Avin International Ltd and Nicos IV Special Maritime Enterprises,...