The gap between supply and demand is widening as global energy systems face strain, Guyana’s President Irfaan Ali said on Monday, as the Iran warenters its third month and continues to drive up oil and gas prices amid supply shortages.Energy markets ha…
Guyana President: Energy Supply-Demand Gap Widens Further Read More »
The United Kingdom Maritime Trade Operations (UKMTO) said on Monday it had received a report of an incident involving a cargo vessel about 36 nautical miles north of Dubai, United Arab Emirates.The vessel reported a fire in its engine room, the cause o…
UKMTO Reports Cargo Vessel Fire Near Dubai Read More »
ABS has appointed U.S. Coast Guard Rear Admiral (Retired) Ronald J. Rábago as Senior Vice President of Government Services.“Admiral Rábago brings exceptional government and industry experience that will further enhance the support we provide to our gov…
Rear Admiral Ronald J. Rábago Appointed ABS Senior Vice President of Government Services Read More »
Norwegian Cruise Line cut its annual profit forecast on Monday, as the cruise operator battles surging fuel costs linked to the war in the Middle East and tepid demand for its sea voyages, sending its shares down 7% in morning trading.Global oil prices…
Norwegian Cruise Slashes Profit Forecast as Fuel Costs Continue to Rise Read More »
The U.S. military said two U.S. Navy guided-missile destroyers had entered the Gulf to break an Iranian blockade and that two U.S. merchant ships had transited the Strait of Hormuz, after Iran said it had prevented a U.S. warship entering the Gulf.U.S.
Two US Missile Destroyers Enter Gulf, Two American Ships Crossed Hormuz Read More »