Environment
Negotiations to End Bottom Trawling in Seamounts by 2027
UN member countries are negotiating to end bottom trawling activities in seamounts in international waters by 2027. This...
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Oil and Petrochemicals
Brent Oil Price Drops to $114.70 Amid Middle East Developments
Brent oil price fell by 0.57% to $114.70. Recent developments in the Middle East and attacks on Saudi Arabia have height...
Oil and Petrochemicals
Finalization of the Iran-Russia Gas Trade Agreement in Moscow
Hamid Bourd, the head of Iran's Ministry of Oil, reported on the progress of the gas trade agreement negotiations during...
Oil and Petrochemicals
Drilling of 116 Oil and Gas Wells by the National Iranian Drilling Company
The National Iranian Drilling Company has drilled and completed 116 oil and gas wells in the first 11 months of this yea...
Technology
Design of the new RAmparts 3800 vessel for Ningbo Port by Robert Allan Ltd
Robert Allan Ltd. has signed a contract for the design of the new RAmparts 3800 vessel for Ningbo Port. This vessel is d...
Oil and Petrochemicals
Russia's Oil Exports Reach Lowest Level in the Past Month
Russian crude oil exports decreased to 3.55 million barrels per day in the four weeks ending October 25. This decline oc...
Economy
Strike Threat at Eight Terminals in the Port of Los Angeles and Long Beach
A strike by port workers may disrupt operations at eight terminals in the ports of Los Angeles and Long Beach starting N...
Economy
Global Marine Premiums Reach $42.6 Billion
Global marine premiums increased by 5.5% in 2025, reaching $42.6 billion. This increase occurred amid ongoing competitio...
Economy
Northern Lights collaborates with Tonissi Marine for product distribution in Europe
Northern Lights and Tonissi Marine have reached a cooperation agreement for product distribution in Italy, Greece, Turke...
Analysis
Hanwha Defense USA Takes Control of Philadelphia Shipyard
Hanwha Defense USA is acquiring the Philadelphia Shipyard to continue developing maritime construction in the United Sta...
Oil and Petrochemicals
Transfer of the Greater Sunrise Gas Project to Timor Gap by Woodside in a $200 Million Deal
Woodside, the Australian energy giant, has transferred the Greater Sunrise gas project to Timor Gap. This $200 million d...
Technology
Fugro Signs Contract for Unexploded Ordnance Survey for 50Hertz in Germany
Fugro has signed a contract to survey and identify unexploded ordnance in 50Hertz's offshore grid connection projects. T...