A new shuttling system is reshaping the Middle East oil market, as producers seek to keep exports flowing despite the escalating regional conflict. The question now is whether this complex, expensive process is a stopgap measure or the global energy market’s new normal.Several miles off Oman's coast, south of the Strait of Hormuz, rows of tankers lie at anchor.
At least three Indian oil refiners and a global energy major plan to stop using vessels on Iran's new blacklist, including for ship-to-ship transfers, due to security concerns, four sources with direct knowledge of the matter said this week.Tehran announced on Sunday a blacklist of 45 ships it said had broken its rules for crossing the Strait of Hormuz
One Indian crew member was killed and eight others were wounded when two Emirati oil tankers were struck by Iranian cruise missiles in the Strait of Hormuz, the United Arab Emirates Ministry of Defence said on Tuesday, in the latest escalation in the strategic waterway.Abu Dhabi National Oil Company's shipping arm ADNOC L&S later confirmed the very large crude carriers (VLCCs) Mombasa B and Al
A sanctioned liquefied natural gas (LNG) tanker made a ship-to-ship (STS) transfer off the coast of Malaysia after picking up a cargo from a Russian export terminal also under Western restrictions, according to two analytics firms.The operation appears to be the first known STS transfer of sanctioned Russian LNG, despite Western efforts to curb Moscow's energy revenues over its war in Ukraine.
The United Arab Emirates and Kuwait have boosted naphtha exports to Asia in recent months via ship-to-ship (STS) transfers outside the Strait of Hormuz, helping Asian petrochemical producers to increase output, traders and analysts said.Abu Dhabi National Oil Company (ADNOC) and Kuwait Petroleum Corp (KPC), which accounted for nearly half of Gulf exports before the Iran war, shipped almost 1.
Ship-to-ship transfers in the Gulf of Oman for Middle Eastern oil from inside the Strait of Hormuz have reached their limits after Saudi Arabia diverted exports from the Red Sea, adding to shipments from other producers, trade sources and analysts said.The increasing amount of Saudi exports this month requires more supertankers to shuttle crude through Hormuz to conduct cargo transfers, they said.
NYK Line, with Japan Marine United Corporation, Nihon Shipyard Co., Ltd., Mitsubishi Gas Chemical Company, Inc., and Kokuka Sangyo Co., Ltd., completed the world’s first ship-to-ship (STS) ammonia bunkering operation to an ammonia-fueled vessel on September 17. At a quay within Japan Marine United Corporation’s Ariake Shipyard
Oil transfers between tankers in waters outside the Strait of Hormuz have slowed following a wave of recent attacks on vessels by Iranian forces, according to satellite analysis and sources.Since the start of the Iran war in late February, ship-to-ship (STS) transfers between tankers have helped enable oil to leave the Gulf despite the threats to commercial vessels sailing through the Strait of
In the first half of 2026, Terminal Portuario de Guayaquil (TPG), a Hanseatic Global Terminals port, has already accumulated more than 1,000 hours of training for reachstacker operators and more than 1,200 hours for STS and RTG crane operators through its simulators.These training sessions have been implemented across different strategic stages, including induction, training, recertification
INTERCARGO has published the first dedicated ship-to-ship (STS) transfer guidelines for dry bulk carriers, as such operations expand into new trading regions and offshore locations with limited port infrastructure.The ‘Ship to Ship Transfer Guidelines for Bulk Carriers’ establishes a framework for dry bulk STS operations, covering planning, risk assessment, maneuvering, fendering
Portland Port in Dorset has been approved to carry out liquefied natural gas (LNG) ship-to-ship transfers, expanding its fuel handling capabilities.The port, which is already operational for oil and liquefied petroleum gas transfers, said the addition of LNG ship-to-ship operations enhances its service offering.“Our new STS licence means that we can now support LNG transfers directly at our port.
INTERCARGO brought shipowners, charterers, insurers and service providers together in Athens on March 31 to tackle a growing issue in dry bulk shipping: how ship-to-ship (STS) transfers are actually carried out.STS in dry bulk is no longer occasional. It is becoming part of day-to-day operations as larger vessels and limited port infrastructure force cargo to be moved offshore.