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Port of Oakland container volume grows 7% in March

The Port of Oakland closed the first quarter of 2025 on a strong note. Total container volume rose 7.2% compared to March 2024,...

Gulftainer Group Announces Outstanding Results in 2024

Gulftainer, a leading international supply chain and logistics solutions provider, with a global footprint of ports, terminals, warehouses and transport facilities, has announced...

K Shipbuilding secures orders for four eco-friendly oil chemical carriers

On the 25th, K Shipbuilding announced that it has secured orders for four 50,000-ton (t) oil chemical product carriers. Notably, these vessels are...

Fortescue Executive Chairman hails historic global shipping climate accord

Fortescue Executive Chairman Dr Andrew Forrest AO has welcomed the landmark carbon pricing agreement reached by the UN’s International Maritime Organization (IMO), describing...

Wärtsilä’s Interim Report January–March 2025: Improved Operating Result And Strong Growth In Net Sales

Highlights from January–March 2025WÄRTSILÄ’S PROSPECTSMarineWärtsilä expects the demand environment for the next 12 months (/2026) to be better than in the comparison period.EnergyWärtsilä expects...

Turkey eyes regional energy expansion as Black Sea gas output rises

Turkey’s daily natural gas production at its flagship Sakarya field in the Black Sea has reached around 9.5 million cubic metres, Energy Minister...

Russia’s oil and gas revenue seen down 22% y/y in April

Russia’s oil and gas revenue in April is seen falling by 22% to 0.96 trillion roubles ($11.60 billion) from the same month a...

Iran could boost crude output near 2015 levels if US sanctions lifted, says oil minister

Iran’s oil minister Mohsen Paknejad said that, if the US sanctions are lifted, the OPEC member could significantly boost its crude output to...

Oil set for weekly fall under supply pressure

Oil prices were set for a weekly decline of nearly 2% on the back of oversupply concerns and uncertainty around tariff talks between...

Venezuela launches Blend 22 crude exports ahead of US licenses expiry

Venezuela will begin exporting a new medium crude blend this month as part of a marketing strategy to avoid a collapse of its...
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