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Middle East Crude-Dubai, Murban post weekly fall; Oman steady

Middle East crude benchmark spot premiums of Dubai and Murban edged lower on Friday and posted weekly declines, while that of Oman also...

US natgas prices fell 2% to 5-month low on mild weather, low demand

U.S. natural gas futures fell about 2% to a five-month low on Friday on forecasts for mild weather through mid May that will...

Europe Gas: Prices hold steady as market seeks new input

Dutch and British wholesale gas prices were rangebound on Friday morning amid a lack of fundamental news and sufficient supply.The benchmark Dutch front-month...

Diesel margins at one-month high amid near-term bullish fundamentals

Asia’s middle distillates market structure firmed further as front-month prices received support from bullish near-term supply-demand fundamentals, with China barrels being offered through...

Gasoline margins climb on lower inventories

Northwest European gasoline profit margins rose by about 40 cents to $14.03 a barrel on Friday supported by lower inventories.Trafigura sold two barges...

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...
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