Russian flagship Urals oil is selling at a premium to the Brent international benchmark at delivery in Indian ports for the first time ever, fuelled by rising demand due to the Iran war, traders said on Friday.The U.S.-Israeli war against Iran…
Russian Urals Prices Tops Brent in Indian Market for the First Time Read More »
Island Marine Electric has appointed marine technology sales veteran Doug Bennis as Vice President of Sales & Marketing.Bennis brings experience in the maritime and satellite communications industries, where he has led global sales initiatives…
Island Marine Electric Names Doug Bennis as Vice President of Sales & Marketing Read More »
As the conflict in the Gulf widens, maritime insurance premiums for war coverage are surging — in some cases by more than 1000% — dramatically driving up the cost of moving energy through a critical maritime corridor.The conflagration sparked by Satu…
Maritime Insurance Surges as Iran Conflict Expands Read More »
Several Asian refineries and petrochemical companies were forced to cut runs and declare force majeure as the U.S.-Israel war on Iran disrupted crude and feedstock exports from the Middle East.Asian steam crackers, which source more than 60% of their n…
Asian Oil Refineries, Petrochemicals Cut Runs as MidEast Conflict Escalates Read More »
Sanmar has held a ceremony to mark the delivery of four of its fully electric ElectRA tugboats to Türkiye’s state-owned crude oil and natural gas pipelines and trading company, BOTAŞ.The four eco-friendly, emissions-free harbor tugs are based…
Sanmar Delivers Four Electric Tugs to BOTAŞ Read More »