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.
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.
A Kuwaiti product tanker has become the latest merchant vessel apparently struck in the Strait of Hormuz, forcing its crew to abandon ship off the eastern coast of Oman's Musandam Peninsula.
