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…
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.
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,…
Chinese and Russian naval warships have completed a joint patrol lasting more than two weeks and arrived in Vladivostok in Russia's Far East on Wednesday, China's state news agency Xinhua reported.The patrol was part of the annual military co-operation plan…
[By Copenhagen Business School] Geopolitical disruption, decarbonisation, crew shortages, cyber risk and rising operating costs are changing the skills required of ship managers, Irene Rosberg, Blue MBA Programme Director at Copenhagen Business School, has said.
Damen Shipyards Group has signed a contract with harbour and towage operator Svitzer for an ASD Tug 2312. The vessel is scheduled for delivery in late 2026.
