Pertamina International Shipping chief executive Yoki Firnandi has been arrested in connection with an alleged $12bn corruption scandal involving the procurement of crude oil and oil products.

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Angola’s Sonangol is lining up suezmax crude tanker newbuildings in South Korea. Shipbuilding sources report the state-controlled oil company has returned to HD Hyundai Heavy Industries for a ...

Other suggestions floated by the USTR to claw back some maritime control call for greater use of American-flagged ships. The trade office is calling for 1% of US export products to be moved on US ...

Swedish police are investigating another suspected case of sabotage of an undersea telecoms cable in the Baltic Sea. Finnish telecom operator Cinia said on Friday that it had detected minor damage ...

Spanish energy company Moeve has inked a contract with RFOcean for a series of 6,600 dwt chemical tankers currently under construction in China. Frederik Rye-Florentz-led RFOcean, which controls a ...

The UK is imposing a new wave of sanctions against the Russian oil trade, targeting an additional 40 ships. The biggest sanctions package against Russia’s shadow fleet brings the total number of ...