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Brazil: DP World will invest USD 296 million in Santos Port terminal

DP World will make an investment of R$ 1.6 billion (USD 296 million) in the Port of Santos to expand its cargo...

Silvio Costa Filho and DP World announce R$1.6bn investment for the Port of Santos

The largest port complex in the Southern Hemisphere, the Port of Santos, will receive R$1.6 billion in investment to expand its cargo handling capacity....

United States imposes sanctions targeting Iran’s maritime and air transport networks

The Office of Foreign Assets Control (OFAC) of the U.S. Department of the Treasury announced new sanctions against Iranian maritime and air networks linked...

The case of the TALARA and its capture by the Iranian ‘revolutionary guards’

The tanker TALARA, flying the flag of the Marshall Islands, with a deadweight tonnage of 77,378 thousand tons, a length of 228 meters, a...

DP World to expand Santos Port capacity to 2.1 million TEUs by 2028

Brazil’s Minister of Ports and Airports, Silvio Costa Filho, announced R$1.6 billion in new investment for the Port of Santos during an official mission...

USA goes after Iranian “shadow fleet” in new sanctions round

The USA has launched one of its most comprehensive interventions to date against Iran’s oil ecosystem and has blacklisted a network of shell companies,...

HSFO steadies but high inventories weigh on overall market

Asia’s high sulphur fuel oil (HSFO) market stabilised on Thursday following recent selloffs, with cracks steadying after hitting more than a year’s low earlier...

ADNOC set to build unmanned, remote-control offshore supply vessels

A major energy group’s vessel operating division plans to build two remotely operated landing craft to trial and operate in 2026 ADNOC Logistics & Services...

Fujairah Oil Tanker Terminals tighten safety compliance under new Form F32 revision

The Port of Fujairah has introduced a new safety requirement for tankers calling at Fujairah Oil Tanker Terminals, updating its Pre-Arrival & Departure Master...

Gulf of Suez oil discovery to add 3,/d to Egypt’s production

Egypt’s Ministry of Petroleum and Mineral Resources has reported a new oil discovery in the Gulf of Suez. The discovery was made by the Gulf...
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