Oil prices surged more than 3% on Thursday, extending a rally as the escalating U.S.-Israeli war with Iran raised fears of prolonged disruptions to vital Middle East oil and gas supplies.Brent LCOc1 crude advanced $2.44, or 3%, to $83.84 per barrel by …
Oil Surges 3% on Supply Concerns as Iran Conflict Escalates Read More »
Australia’s Pilbara Ports has taken a step further towards development of a low-carbon ammonia bunkering hub in the Pilbara by signing a Memorandum of Understanding (MoU) with Yara Pilbara.The Yara Pilbara plant is one of the largest ammonia production…
Pilbara Ports Signs Ammonia Bunkering MoU Read More »
The European Commission has adopted a comprehensive Industrial Maritime Strategy to drive competitiveness, innovation and technological leadership in Europe’s maritime manufacturing and shipping industries. The strategy sets out a vision and…
EU Launches Industrial Maritime Strategy Read More »
Insurance broker Marsh McLennan said on Wednesday it had met with U.S. officials to explore solutions for restoring maritime trade amid escalating fighting in the Middle East, as attacks in the region threaten energy shipments through the Strait of Hor…
Insurance Broker Marsh Meets US Officials to Discuss Iran War Read More »
Exxon Mobil is set to ship around 600,000 barrels of fuel from the U.S. Gulf Coast to cover its own import requirements in Australia, the first such shipments by the oil major, four sources with knowledge of the matter said.The planned shipments…
Exxon to Send its First Fuel Shipment from US Gulf Coast to Australia Read More »