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Oslo-listed seismic data specialist TGS has announced that it will be selling two of its vessels and stacking another due to challenging conditions in the market. Kristian Johansen, CEO of …
Offshore engineering and services provider Subsea 7 has secured a contract for work on Equinor’s Fram Sør development project, located offshore Norway. The project’s work scope encompasses engineerin
Oil prices rose on Friday morning amid concerns about lower oil supplies following drone attacks on oil fields in northern Iraq. Solid summer demand is also helping to push prices …
“Fully satisfied with the deal. It’s a long-awaited milestone for the city of Piombino and the Tuscan and national port system.” This is how Special Commissioner, Davide Gariglio comments the …
The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, climbed to its highest level in more than nine months on Thursday, driven by …
Container port productivity changes: the Malmquist index and its decomposition As mentioned above, the Malmquist Productivity Change can decompose into two components: EFFCH, which captures the catch
Lufthansa Cargo joins forces with European Tech Alliance to drive innovation The Dresden region, a key hub for European semiconductor production, is the regional focus. In the upcoming years, Lufthan
L&T unveils ₹1,000 crore expansion plan for Katupalli shipyard The proposed development will be undertaken within the existing 892.11-acre expanse owned by L&T at Katupalli, Tamil Nadu. Larsen & Tou
BHP beats global iron ore production guidance in FY25 Sydney, 18 July (Argus) — Australian iron ore producer BHP mined 263mn t of iron ore in the July 2024-June 2025 …
Two Original Theatrical Productions, Immersive Candlelight Concerts, and High-Energy Pop-Up Performances Bring Every Night to Life Aboard the Newest Sphere-Class Ship When Star Princess sets sail thi
“Provaris Energy represents a unique investment opportunity as a leveraged play on the growing shift to alternative energy and carbon reduction, particularly in Europe, but applicable on a global basi
Crude Oil Price Movements In June, the OPEC Reference Basket (ORB) value increased by $6.11 month-on-month (m-o-m), to average $69.73/b. The ICE Brent front-month contract increased by $5.79, m-o-m,
Chinese shipyards’ market share drops from 72% to 52% amid USTR concern “In the first half of 2025, China’s share of newbuilding contracting fell to 52% from 72% in the …
Minor dry bulks performed in line with historical trends in June 2025, although the m/m fall was slightly ahead of recent years. On a y/y basis, June exports performed well, …
European Union governments want Brussels to keep secret how they plan to phase out using Russian oil and gas by the end of 2027, an internal EU document seen by …
Goldman Sachs raised its oil price forecasts for the second half of 2025, citing the risk of supply disruption, lower oil inventories in Organisation for Economic Co-operation and Development countrie
Ahead of the Implementation Dialogue meeting of Commissioner Tzitzikostas with airlines and shipowners on the European Sustainable Transport Investment Plan (STIP), A4E and European Shipowners | ECSA
Apple to pre-pay $200 million for MP’s rare earth magnets Deliveries slated to start in 2027 Analysts say move boosts Apple’s image in Washington MP’s shares surge to end up …
Investment powerhouse to invest in $100 billion-plus Middle East gas project Jafurah remains a strategic priority for Aramco as Saudi heavyweight advances several projects aimed at increasing the kin
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