Analysis
U.S. Navy Fleet Construction Plan in May 2026 and Shipbuilding Challenges
The U.S. Navy emphasized shipbuilding challenges and the need for fundamental reforms in its fleet construction plan in...
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Environment
The Carpooling Plan in Isfahan to Reduce Fuel Consumption Begins
The carpooling plan in Isfahan province aimed at reducing fuel consumption and managing energy will soon be implemented....
Technology
Aradan Becomes a New Destination for Clean Energy with the Construction of a 1,000 Megawatt Solar Power Plant
The construction of solar power plants in Aradan, Semnan Province, has begun with the allocation of over 1,600 hectares...
Oil and Petrochemicals
Tankers Shipments on New Routes to Europe from Russian Energy Sources
Russian oil shipments continue to move towards Europe, and price fluctuations in the global energy market persist.
Oil and Petrochemicals
Gunvor Group Renamed to Centalion and Relocated to Singapore
Gunvor Group has changed its name to Centalion and relocated to Singapore following a management buyout. This name chang...
Oil and Petrochemicals
Surge in Tanker Freight Rates and Its Impact on the Global Energy Market
The freight rate for tankers in Hormuz has increased by 43 times, which has a significant impact on price fluctuations i...
Oil and Petrochemicals
K Line Linked to Two New LNG Tankers at Samsung
K Line of Japan has recently signed a contract worth $494 million for the construction of two new LNG tankers with Samsu...
Oil and Petrochemicals
Failed Attack on Oil Tanker Near Bab el-Mandeb by Houthis
An oil tanker was the target of a failed attack in a location south of Mocha, Yemen. This event occurred following the a...
Oil and Petrochemicals
JP Morgan Orders Two New Tankers at Samsung
JP Morgan has increased its gas tanker construction program to six vessels by ordering two new VLGC ships at Samsung. Th...
Technology
The Maritime and Port Authority of Singapore Launches New AI-Based Ship Registration System
The Maritime and Port Authority of Singapore announced the launch of a new AI-based platform in 2027 aimed at speeding u...
Economy
Macquarie's $99 Million Financing for Technomar Group
Macquarie announced $99 million in financing for the Technomar Group, led by George Youroukos, which includes the repaym...
Economy
Emergence of Changes in the Shipping Industry Due to Regionalization of Global Trade
Geopolitical changes and trade pressures have led to a reconsideration of supply chains and maritime transport methods....