As the latest example of how the Houthi attacks have altered the shipping industry, very large crude carriers (VLCCs) are now hauling so-called clean petroleum products such as diesel.

Hafnia’s chief executive takes advantage of the strong tanker market to sell one million shares in the shipping company.

Russia’s oil income was nearly 50% higher in June compared to a year earlier. It is a testament to Moscow’s ability to keep its oil trade running despite consistently refined sanctions from the West.

Dof’s chairman also increases his stake in the Norwegian offshore company in relation to the takeover of the Danish peer.

The company has become worth USD 415m more in 16 months. The shipping company has just changed hands for the second time in a year and a half.

With a complaint to the European Commission, a local politician hopes to put an end to Hamburg’s sale of almost half of its terminal operator to MSC.