DHL commits €300 million to boost african trade
DHL Group will invest over €300 million in Sub-Saharan Africa to boost trade and logistics. The investment covers DHL Express,...
Brullo Group adds second advanced tanker from China
The Italian Brullo Group is accelerating its fleet expansion with the purchase of a second high-tech chemical/oil tanker. Less than...
Why China decided to impose sanctions on Korean shipyard firm?
China’s recent sanctions against Hanwha Ocean’s US-linked affiliates represent a calculated geopolitical signal rather than an economic weapon.The post Why...
Bahri seals 10-year VLCC deal with South Korea’s S-Oil
Saudi Arabian shipping giant Bahri has renewed its long-term contract of affreightment (COA) with South Korean refiner S-Oil, extending a...
Tanker blaze kills 10 workers at Batam yard
At least ten people were killed and 21 others injured when an oil tanker caught fire early Wednesday while undergoing...
Saipem bags $700m worth of offshore deals with BP in Azerbaijan
Italian energy services major Saipem has been awarded three new offshore contracts for the Shah Deniz Compression project operated by...
US and Saudi lead move to sink IMO’s Net-Zero Framework
The United States and Saudi Arabia have launched a coordinated push to stall and potentially derail the International Maritime Organization’s...
UK strikes Rosneft, Lukoil and shadow fleet in toughest sanctions yet
The UK government has launched its strongest sanctions offensive to date against Russia’s energy sector, directly targeting oil majors Rosneft...
Glomar Offshore MPSV to join DeepOcean fleet under new charter deal
Norwegian ocean services contractor DeepOcean has entered into a time charter agreement for Glomar Offshore’s multipurpose support vessel Glomar Supporter....
What happens when the world’s ballast currency starts to slip?
The dollar’s wobble exposes shipping’s one-currency weakness, writes Andrew Craig-Bennett. As we all know, to generate a really big shipping...
