Economy
Wallenius Wilhelmsen Signs New $1 Billion Contract
Wallenius Wilhelmsen has signed two new contracts worth over $1 billion with an equipment manufacturer. These contracts...
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Oil and Petrochemicals
SFL Corporation Purchases Three New Tankers Worth $365 Million
SFL Corporation secured lease agreements worth at least $333 million with an investment of $365 million in the purchase...
Economy
South Korea's Namsung Shipping Signs Contract for New Container Ships in China
South Korea's Namsung Shipping has recently signed a contract for the construction of two 7,100 TEU container ships in C...
Revelation
Discovery of 41,000 Liters of Smuggled Fuel and Seizure of 27 Vehicles in South Khorasan
In South Khorasan, over 41,000 liters of smuggled fuel were discovered and 27 vehicles were seized. Several suspects rel...
Analysis
New Restrictions by the U.S. Navy for Ships Entering from Somali Ports
The U.S. Navy has added Somalia to the list of countries with inadequate security measures at their ports, imposing new...
Rent and Money Laundering
Discovery of 30,000 Liters of Smuggled Fuel in South Khorasan by Economic Security Police
The Economic Security Police of South Khorasan reported the discovery of 30,000 liters of smuggled fuel on the communica...
Oil and Petrochemicals
Egypt's Energy Infrastructure Progress with the Installation of Two New Offshore Platforms by PMS
Petroleum Marine Services (PMS) has installed two new offshore production platforms in the Kamous gas field. This action...
Oil and Petrochemicals
QatarEnergy Signs LNG Purchase Agreement with Woodside
QatarEnergy has reached an agreement with Woodside Energy Group Ltd. to purchase liquefied natural gas from the United S...
Oil and Petrochemicals
Jiahua Energy Begins $165 Million Investment in Hydrocarbon Carriers
Jiahua Energy has started planning a $165 million investment in a hydrocarbon carrier to expand its shipping activities....
Oil and Petrochemicals
COSCO is Expanding Its Gas Carrier Fleet with a New Project
COSCO Shipping Energy Transportation is investing 335 million yuan to develop its gas carrier fleet. This project includ...
Technology
VARD Company Launches Energy Construction Vessel for Marine Markets
VARD Company has launched its energy construction vessel after a year since its construction began in Vietnam. This vess...
Economy
Mitsui OSK Lines Signs Long-Term Contract to Supply FSRU with Deutsche ReGas
Mitsui OSK Lines has signed a long-term contract with Deutsche ReGas to supply a Floating Storage and Regasification Uni...