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Saudi Arabia says Iran attacked vessel in Hormuz, killing two sailorsSaudi Arabia reported an Iranian attack on a national oil tanker. This incident tragically killed two Filipino seafarers on Monday. The sup...
Damaged Qatari LNG tanker awaits salvage after strike as Hormuz risks escalateA Qatari LNG tanker remains stuck off Oman after being hit by a projectile. U.S. forces reported two other tankers were targeted by Iran re...
LNG tanker at risk of exploding after two vessels struck near Strait of HormuzThe Al Rekayyat, loaded with liquefied natural gas, sent out distress signals seeking assistance after it was hit on its port side, one of ...
Oil finds its way: Supertankers return to Persian GulfSupertankers are once again navigating the Strait of Hormuz, a crucial oil route, following a period of disruption due to recent Iran confl...
The Saudi oil pipeline the world didn’t know it neededSaudi Arabia's East-West pipeline is now crucial for global oil flow. The vital waterway, Strait of Hormuz, is closed. This 1,200-kilometer...
Top shipping players want overhaul of UN ship fuel emissions dealLeading shipping companies, including Greek players, are pushing for changes to a UN deal aimed at cutting marine fuel emissions, citing co...
Houthi missiles strike two oil tankers in Red Sea, minimal damage reportedIn a significant escalation of tensions, two crude oil tankers, the Saudi-flagged Amjad and Panama-flagged Blue Lagoon I, were attacked in ...
DSV, CVC seen as lead contenders for Schenker after Maersk dropsDSV and CVC emerge as top contenders for DB Schenker after Maersk exits. The potential deal could reshape Euro logistics, with Deutsche Bah...
Deutsche Bahn invites fresh bids for €15 billion logistics armDeutsche Bahn AG has evaluated bids for DB Schenker. Companies such as CVC, Carlyle, DSV, Maersk, MSC, Bahri, ADQ are the potential buyers.
Saudi companies to make parts for Lockheed's THAAD defence systemLockheed Martin has entered agreements with Saudi Arabian firms, including Middle East Propulsion Company (MEPC) and Arabian International ...
Global trade and shipping chaos faces a new problem. Slow vaccines for seafarersAll signs now point to a worsening crisis on the oceans, just as the industry seemed to be emerging from months of port restrictions that h...
Crude oil outlook turns bearish on US-Iran relief, surplus fearsCrude oil prices, however, may get some boost from phase one of US-China trade deal.
Saudi Arabia's Bahri plans to expand in India"We are very committed now to the Indian market. It's very promising. India's GDP is about 7%, which is excellent compared to any other cou...