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Affinity Tanker Weekly, 6 November 2026
VLCCs have softened throughout the week as limited enquiry and increasingly competitive Suezmax alternatives have tempered owners’ Source: Affinity Research LLP
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KazMunayGas, Transneft Seek to Expand Oil Transit Cooperation
Chief Executive Officer of Kazakhstan's national oil and gas company KazMunayGas (KMG), Askhat Khasenov, met with Nikolay Tokarev, President of Russian oil pipeline operator Transneft, in Moscow to discuss cooperation in oil transportation and transit, the KMG press service said.
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Azerbaijan, UN Discuss Middle Corridor, Regional Connectivity
Azerbaijan’s Foreign Minister Jeyhun Bayramov met with UN Under-Secretary-General for Economic and Social Affairs Li Junhua in Baku on November 6.
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Russian LNG Exports to China Surge More Than Twofold
Russian liquefied natural gas (LNG) exports to China have more than doubled since 2021, rising from 4.5 million to 9.8 million metric tons, according to an analytical report by the PORA Expert Center, The Caspian Post reports, citing TASS.
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Ukraine Proposes New Logistics Route Linking Azerbaijan to Europe
Strong transport links between the Black Sea and the Caspian Sea could create new opportunities for trade and energy supplies, with Ukraine proposing the development of logistics routes connecting Azerbaijan to European markets.
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Russia and Iran Sign New Deal to Advance 162-Km Railway Project
Russia and Iran have signed key documents granting access to land plots along the planned route of the Rasht-Astara railway line, paving the way for further engineering work on the strategic transport project.
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Russian Railways Offers 40.4% Discount on Exports Through Azerbaijan
Russian Railways (RZD) has introduced a 40.4% discount on export rail shipments of selected timber industry products through border crossings with Azerbaijan, Belarus and Kazakhstan.
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DenAr takes on Turkey’s first offshore wind seabed survey campaign
Turkish marine survey specialist DenAr Ocean Engineering Services has been selected by the country’s Ministry of Energy and Natural Resources to carry out geophysical and geotechnical seabed investigations for Turkey’s first offshore wind development programme. The NCS-01 project covers two areas in the Sea of Marmara…
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Venergy doubles VLCC order at Hengli
Greek shipowner Vyron Vasileiadis has firmed up another two VLCCs at China’s Hengli Heavy Industries, doubling Venergy Maritime’s debut supertanker order to four vessels. The Piraeus-based company exercised the options attached to its October contract for two firm 306,000 dwt crude carriers, with all four vessels sche…
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Capital Tankers scores up to $82m suezmax fixture
Evangelos Marinakis-backed Capital Tankers has secured a 15-month charter for one of its modern suezmaxes in a deal expected to generate between $73.1m and $82.2m in revenue. The Oslo-listed tanker owner said on Friday that its 155,348 dwt Amor has been fixed to an unnamed global energy company, with employment starti…
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Dhaka metro construction contracts signed
BANGLADESH: Dhaka Mass Transit Company Ltd signed four depot and civil works contract packages for metro lines 1 and 5 on October 27. The construction of both lines was officially launched in 2023, but only depot development, land surveys and some site clearance works have been undertaken so far. Line 1 branch When co…
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Railway supply industry news round-up
This week’s global railway supply chain news from Railway Gazette International. Stadler has begun construction of a SFr40m rolling stock commissioning centre at Weinfelden, close to the company’s headquarters in Bussnang. Designed by MP Architektur, it will have a main hall 210 m long, 35 m wide and 16 m high with fo…
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Seven Shadow Fleet Tankers Spoof AIS to Hide Novorossiysk Voyages
Sanctioned Tankers Fake Their Positions Near the Bosphorus A cluster of seven sanctioned Russian tankers were found to have routinely and deliberately manipulated AIS over the past 90 days to falsely claim they were drifting off the Black Sea close to the Bosphorus entrance. The tankers were instead identified by Wind…
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Brazilian builds boat from rubbish to collect more rubbish
A former Brazilian ocean canoeing champion has taken recycling to a floating extreme, constructing a boat from 230 discarded plastic containers so he can collect even more rubbish from the sea. Marcos Arnhold spent two months building the unusual craft in Guaratuba, southern Brazil, using 125 two-litre plastic bottles…
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Turkish, Iranian FMs Discuss Tehran-Washington Negotiations
Turkish Foreign Minister Hakan Fidan held a telephone conversation with his Iranian counterpart, Abbas Araghchi, Turkish diplomatic sources said on Thursday, The Caspian Post reports, citing Anadolu Agency.
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Russia, Iran Sign Several Documents for Key Railway Project
Russia and Iran have signed a package of documents related to the construction of the Rasht-Astara railway line, Russian Deputy Prime Minister Andrey Nikitin told journalists.
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Russia Takes Temporary Control of Japan Tobacco’s Assets
Russian President Vladimir Putin has signed a decree transferring the stakes held by international tobacco company Japan Tobacco Inc. (JTI) in its Russian manufacturing facilities to the temporary management of JSC Industrial Assets. The document was published on Russia’s official legal information portal.
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Seattle light rail extension consultation to begin in December
USA: Seattle’s Sound Transit and the Federal Transit Administration are to publish a draft environmental impact statement for the Ballard Link Extension light rail project on December 11, seeking public feedback by February 9 2027. The Ballard Link Extension would form a branch off the 1 Line, running 12.4 km from SOD…
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Russian-Flagged Oil Tanker Towed to Egypt Port After Engine Failure
The Russian-flagged oil tanker ALYSSUM suffered an engine failure in the Mediterranean Sea and was towed to the Egyptian port of Port Said for repairs, according to the Suez Canal Authority.
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Tanzania seeks investors for standard gauge projects
Tanzania is seeking private partners to construct and operate two more standard gauge freight railways, and is also looking for additional rolling stock, according to Tanzania Railway Corp senior representative Eric Kibona and Benjamin Mbimbi, Assistant Director for Railways at the Ministry of Transport. Speaking to R…
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October Sees Surge in Attacks on Ships in Strait of Hormuz
A record 34 vessels were attacked while transiting the Strait of Hormuz in October, accounting for more than a quarter of all reported attacks on ships in the region since the start of the Middle East conflict.
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Drewry: Red Sea Diversion Tracker Shows Significant Increase in Suez Canal Transits
With regional security changing rapidly, Drewry’s Red Sea Diversion Tracker delivers timely intelligence to shippers, carriers, ports and other stakeholders on the evolving structure of carrier networks. This tracker page is updated fortnightly (every other Tuesday). Most Asia-Europe capacity now back via Suez During …
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BP raises over $1bn from Aker BP stake sale
British energy major BP has raised about $1.06bn by selling part of its stake in Norwegian oil and gas producer Aker BP as it continues efforts to strengthen its balance sheet. The company sold 31.6m shares, representing around 5% of Aker BP’s total issued share capital, for NOK311 per share. The transaction generated…
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Azerbaijan to Take Over Caspian Sea Aquatic Bioresources Commission in 2027
Azerbaijan will assume the chairmanship of the Commission on Aquatic Bioresources of the Caspian Sea starting January 1, 2027.
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Evergreen’s Suez return leaves Zim increasingly isolated
The container shipping industry’s long detour around southern Africa is rapidly coming to an end, with Taiwan’s Evergreen preparing to send its first ships through the Suez Canal after almost three years of avoiding the Red Sea. According to liner consultancy Linerlytica, Evergreen will deploy the 16,556 teu Ever Eon …
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Turkey plans railway along its eastern Black Sea coast
TURKEY: The Ministry of Transport & Infrastructure has taken the first step towards development of a 500 km main line railway along the east of the country’s Black Sea coast between Samsun and the border with Georgia. The proposed route would run via the port cities of Ordu, Giresun, Trabzon and Rize before heading in…
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Maersk upgrades profit outlook despite underperforming rivals
Maersk has raised its full-year earnings guidance for the third time this year, with the Danish shipping giant continuing to benefit from extraordinary freight rates, resilient cargo demand and widespread supply chain disruption. The Copenhagen-headquartered group now expects underlying EBITDA of between $14bn and $14…
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CSTO May Consider Measures Against Armenia Over Unpaid Fees
The Collective Security Council of the Collective Security Treaty Organization (CSTO) may consider invoking Article 25 of the CSTO charter against Armenia if a corresponding agenda is approved, CSTO Secretary General Taalatbek Masadykov told reporters on the sidelines of the 4th Minsk International Conference on Euras…
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Transpacific emerges as liner shipping’s golden trade
The transpacific has become the most lucrative major container shipping trade in the world, with carriers generating five times more spot revenue per nautical mile on the Shanghai–Los Angeles route than on shipments to North Europe via the Cape of Good Hope. New analysis from Alphaliner shows that the extraordinary st…
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KKR to sell wagon leasing company Infinity Transportation to Ares for $2.9bn
USA: Investment firm KKR & Co Inc has reached a definitive agreement to sell full-service wagon and intermodal equipment leasing company Infinity Transportation to Ares Infrastructure Equity and Ares Insurance Solutions funds for an enterprise value of approximately $2.9bn. Subject to customary closing conditions and …