Oil prices rose to a six-week high on Monday as Iran vowed to strike energy infrastructure across the Middle East in response to further US attacks on its assets, the latest escalation in a conflict that has sharply reduced oil…
Hapag-Lloyd is working with the Israeli Government on improvements to its proposed $4.2 billion cash purchase of ZIM Integrated Shipping Services, the German shipping group said on Monday.The proposed deal has faced heavy opposition in Israel, including ZIM's workers, Defence…
The US Army Corps of Engineers Charleston District and the South Carolina Ports Authority have initiated a feasibility study to assess navigation improvements along the upper Charleston harbor.The investigation focuses on potential enhancements to the Cooper River navigation channel serving…
Norway will provide necessary assistance to Russians in the Arctic Svalbard islands following the arrest of a ship transporting passengers and supplies to the archipelago, the Nordic country's foreign ministry said on Friday.A Norwegian court this week ordered the seizure…
Latvia and Lithuania are considering ending shipments of Russian grain through their ports after Moscow stepped up the transits in response to attacks by Ukraine on its Baltic ports, senior officials from the two countries told Reuters.Reuters reported this week…
Dorian LPG has entered into an agreement with Hanwha Ocean to construct three 90,000 cbm dual-fuel Panamax very large gas carriers for approximately $345 million. Deliveries of the vessels, which can operate on liquefied petroleum gas and conventional low-sulphur fuels,…
