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Saudi Arabia

“China has shifted to developing next-generation fuel ships, Japan is falling behind.

Chinese shipbuilding is becoming an important partner for global shipowners in moving towards green development, which has also sparked anxiety among Japanese counterparts...

IMO picks Council members but Net Zero Framework hiatus raises red flag for potential fragmentation of shipping decarbonization

The Assembly of the International Maritime Organization (IMO), a specialized agency of the United Nations responsible for regulating and improving international shipping, has elected...

The International Maritime Organization renews the composition of the council

States elected to be part of the three traditional categories divided based on presence and importance in maritime services and trade. Italy in group...

Cruise Saudi welcomes Celestyal on its maiden call to Jeddah with plaque exchange

Celestyal has marked its first ever visit to Jeddah, Saudi Arabia, with a traditional plaque exchange ceremony in collaboration with Cruise Saudi. The 1260-guest Celestyal...

Saudi January oil prices may be cut to 5-year low for Asian buyers

Saudi Arabia is expected to lower its January crude price for Asian buyers for a second month to its lowest level for five years,...

Syria’s energy reset reflects geopolitical shifts

The early signs of an energy investment revival are clear, but risk still lies in some of the same forces that tore the country...

Hotel101 Global unveils plans to develop hotel in Milan

Property technology hospitality platform Hotel101 Global Holdings has revealed plans to develop a 429-key hotel in San Donato Milanese, Milan, Italy. The new venture forms...

Caribbean To Advance Maritime Governance With Two New IMO-Supported Projects

The Caribbean is set to strengthen its maritime governance framework through two newly approved initiatives funded by the Kingdom of Saudi Arabia and Oman....

Subsea7 lands multimillion-dollar decom gig in UK waters

Luxembourg-domiciled Subsea7 has been hired on an off-station decommissioning services assignment on the UK Continental Shelf (UKCS). While announcing its new contract, worth between $50...

The decision made by 8 countries last night raised oil prices

OPEC+’s decision to halt production increases in the first quarter once again confirmed accelerated oil prices upward. While Brent and WTI turned upward, the...
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