The German Government has blocked the sale of logistics firm Zippel to Chinese state-owned shipping group COSCO over security concerns, the economy ministry said on Wednesday."The acquisition would have deepened dependencies and jeopardised the resilience of Germany's and the EU's…
Shipping bottlenecks, deep cuts in refinery output and inventory draws that could take years to replace will keep global oil prices high beyond this year, industry executives said at a conference in London on Monday.Following the start of the US-Israeli…
Saudi Aramco CEO Amin Nasser said on Monday that satellite imagery and detailed ship tracking data is increasingly being used to attack infrastructure and oil tankers."Satellite imaging and shipping logs are increasingly being weaponised against infrastructure and tankers.
Saudi-backed Yemeni Government forces staged a lightning advance on Monday to retake the coast around the Bab el-Mandeb Strait up to the city of Mocha, the government said, pushing the Iran-backed Houthis out of most of the areas they seized…
Iran has added to a rapidly-expanding list of strikes on energy shipping in the Strait of Hormuz with another attack on a tanker off the Musandam Peninsula. On Monday evening at about 1637 UTC, the master of a tanker informed…
Growing activity across Mauritania’s mining, energy, offshore, infrastructure, oil and gas, renewable energy and development sectors has prompted African shipping and logistics specialist OBT to establish a local presence in the country.
