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Asian spot liquefied natural gas prices started the year steady, as muted regional demand and ample supply kept the market flat following a 34% slump in 2025.The average LNG price for February delivery into Northeast Asia LNG-AS was estimated at $9.60 per million British thermal units (mmBtu)…
https://www.marinelink.com/news/low-demand-high-supply-keeps-asia-lng-533966
https://www.marinelink.com/news/low-demand-high-supply-keeps-asia-lng-533966While challenges linger from the 2025 offshore rig market, there are signs it will look brighter from late 2026 onwards.Main Events of 2025One of the biggest talking points of 2024 and 2025 was Saudi Aramco’s suspension of 36 jackups from April 2024…
https://www.marinelink.com/news/offshore-rig-outlook-challenges-fade-path-533969
https://www.marinelink.com/news/offshore-rig-outlook-challenges-fade-path-533969Venezuela's President Nicolas Maduro has extended an olive branch to U.S. President Donald Trump, proposing serious talks on combating drug trafficking and offering U.S. companies ready access to Venezuelan oil.Maduro said Venezuela was a "brother…
https://www.marinelink.com/news/maduro-suggests-talks-us-drugs-oil-533970
https://www.marinelink.com/news/maduro-suggests-talks-us-drugs-oil-533970As offshore wind rises to meet ambitious climate goals, balancing the need for infrastructure with maintaining biodiversity has become a pressing challenge. One innovative, recent example is the installation of the UK’s first nearshore artificial nesting structures…
https://www.marinelink.com/news/offshore-wind-building-uks-first-533972
https://www.marinelink.com/news/offshore-wind-building-uks-first-533972China received 22 shipments of liquefied natural gas (LNG) last year from two export projects in Russia sanctioned by the United States and European Union, shiptracking data showed.One shipment was from Portovaya and the rest were from the Arctic LNG 2 project…
https://www.marinelink.com/news/china-received-lng-shipments-sanctioned-533973
https://www.marinelink.com/news/china-received-lng-shipments-sanctioned-533973The FPSO P-78 can produce up to 180,000 barrels per day and will increase the gas supply.Petrobras began oil production from the P-78 floating production, storage and offloading (FPSO) vessel in the Búzios field, in the pre-salt layer of the Santos Basin, this Wednesday, December 31, 2025.
https://www.marinelink.com/news/petrobras-fpso-initiates-bzios-production-533974
https://www.marinelink.com/news/petrobras-fpso-initiates-bzios-production-533974Japan will conduct test mining of rare-earth-rich mud from the deep seabed off Minamitori Island, some 1,900 kilometres (1,180 miles) southeast of Tokyo, from January 11 to February 14, the head of the government-backed project said.The operation…
https://www.marinelink.com/news/japan-tests-deep-seabed-mining-rareearth-533976
https://www.marinelink.com/news/japan-tests-deep-seabed-mining-rareearth-533976Oil prices dipped on the first day of trade in 2026 after registering their biggest annual loss since 2020 as investors weighed oversupply concerns against geopolitical risks including the war in Ukraine and Venezuela exports.Brent crude futures…
https://www.marinelink.com/news/oil-prices-fall-biggest-annual-loss-533978
https://www.marinelink.com/news/oil-prices-fall-biggest-annual-loss-533978Finnish police on Wednesday seized a ship sailing from Russia on suspicion of sabotaging an undersea telecoms cable running from Helsinki to Estonia across the Gulf of Finland, an area hit by a string of similar incidents in recent years.The…
https://www.marinelink.com/news/finland-detains-vessel-suspected-subsea-533950
https://www.marinelink.com/news/finland-detains-vessel-suspected-subsea-533950Iron ore futures traded in a tight band on Wednesday, but defied early 2025 fears to post annual gains on the back of resilient demand in top consumer China amid robust steel exports and prospects of improved steel fundamentals. The most-traded May iron ore contract on China’s Dalian Commodity Exchange (DCE) closed daytime trade 0.57% ...
https://www.hellenicshippingnews.com/iron-ore-logs-annual-gain-in-a-dramatic-recovery-fuelled-by-steel-exports/