Capital Clean Energy Carriers Reports $29M Profit in Q2 2026
Capital Clean Energy Carriers reported net income of $29 million for the second quarter ended June 30, 2026, compared with $29.7 million in the corresponding period of 2025.
Baird Maritime
Uni-Asia Joint Venture to Acquire Bulk Carrier for $20.5M
Singapore-based Uni-Asia Group announced that its joint venture, Emerald Bulkship, signed a conditional agreement to acquire the bulk carrier Uni Harmony from Quest Bulkship for $20.53 million.Emerald Bulkship is 55.6 per cent owned by Uni-Asia Group through Uni-Asia Shipping, with…
Germany’s Uniper Finalises 20-Year Canadian LNG Deal as Bilateral Ties Deepen
German state-controlled energy group Uniper on Wednesday finalised a 20-year liquefied natural gas purchase deal with Canada as the two nations deepen their partnership.In a preliminary deal in June, Uniper took initial steps to secure two million tons of gas…
Drone Strike Hits US-owned FSRU and Tanker at Egyptian Port
A drone hit a US-owned gas storage tanker at Egypt's Mediterranean port of Damietta, British maritime security firm Ambrey said on Wednesday, citing an initial assessment of the incident.A statement from Egypt's petroleum ministry confirmed a fire at the port…
Middle East Strikes and Shrinking US Crude Stocks Send Oil Prices Up
Oil prices climbed seven per cent on Wednesday as airstrikes resumed in the Middle East, adding to worries about dwindling supply as US government data showed domestic crude inventories fell to a multi-year low.
Four Firms Eye Bids for BP Offshore Egyptian Gas Assets
Dragon Oil, Carlyle Group, Energean and Artemis Energy are among the groups expected to bid this week for assets in BP's West Nile Delta natural gas development off Egypt, three sources familiar with the sale process said.British oil major BP,…