South Korea will flag off on Saturday a container ship bound for Europe via the Arctic, testing whether a route opened by melting sea ice can be commercially viable, but risking friction with Western allies, as the voyage requires Russian…
Global crude prices rose more than one per cent on Wednesday and were trading near a three-week high hit during the session, as investors worried about escalating tensions in the Middle East after the United Arab Emirates decided to suspend…
Attacks on shipping have shut down more than 97 per cent of Russia and Ukraine's grain export capacity in the Azov and Black Sea basin, cutting off a major source of low-cost supplies and helping to drive up global prices.
ExxonMobil Mozambique, acting on behalf of Area 4 co-venturers ENH, CNPC, Eni, KOGAS and XRG, has awarded approximately $1.1 billion in pre-investment contracts for long-lead upstream equipment for the Rovuma LNG Phase 1 development in Cabo Delgado.The awards precede a…
Irish Continental Group reported revenue of €359.9 million ($392.3 million) for the six months ended June 30, 2026, up 16.1 per cent from €309.9 million in the same period of 2025.
Navios Maritime Partners reported a net income of $167.9 million for the second quarter ended June 30, 2026, up from $69.9 million in the same period of 2025.
