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Thursday, October 16, 2025
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Oman

Asyad Shipping invests US$209 million in dry bulk fleet

Oman’s Asyad Shipping Company has announced a US$209 million investment to acquire three Newcastlemax dry bulk carriers, reinforcing its fleet expansion strategy and global...

OPEC Holds Oil Demand Outlook, Expects Lower 2026 Supply Deficit

Crude Oil Price Movements In September, OPEC Reference Basket (ORB) value increased by 66¢, month-on-month (m-o-m), to average $/b. The ICE Brent front-month contract increased...

Middle East Crude-Benchmarks fall for third straight day

Middle East crude benchmark spot premiums of Oman, Dubai and Murban declined on Tuesday for a third consecutive day. SINGAPORE CASH DEALS Cash Dubai’s premium to...

Puerto Madryn opens cruise season that expects 37 visits

Puerto Madryn has already begun the 2026 cruise season, with 37 arrivals announced and more than 60,000 cruise passengers. The season will also feature...

Augusta Due has acquired a second new tanker built by Fujian Southeast Shipbuilding Co

It has a capacity of 18,590 deadweight tons Less than seven months after taking over a ship 18,000-ton deadweight tanker completed by the shipyard Fujian Southeast Shipbuilding...

Augusta Due enhances its fleet with ‘Ginostra M’

As soon as it arrives in the Mediterranean it will become part, on charter, of the fleet of one of the major oil companies Rome...

Ukrainian Cargo Ship Sinks In Black Sea, All 10 Crew Members Rescued

A Ukrainian cargo ship sank in the Black Sea off the Bulgarian coast on Sunday, October 12, but all ten crew members were rescued,...

Cameroon-flagged Eileen goes down off Bulgarian coast, crew saved by Turkish OSV

A Cameroon-flagged general cargo ship, Eileen, sank on Sunday, 12 October, about 140 nautical miles east of Varna, Bulgaria, after reporting flooding and a...

Augusta Due doubles in China with another ship ordered

Less than seven months after taking delivery of an 18,000 dwt tanker completed by the Chinese shipyard Fujian Southeast Shipbuilding Co. Ltd. of Fujian...

Maritime transport drives the economy

Cenk Group, which has pioneered firsts in the Turkish maritime field and has been operating in the sector for over 40 years, announced that...
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