The Energy Workforce & Technology Council released its March 2026 jobs report, showing a modest rebound in energy services employment following declines earlier in the year.Energy services employment totaled 627,018 jobs in March, an increase of 1…
With powerful winter storms, it’s easy to focus on what’s happening at the surface: snowfall totals, wind chills, and travel impacts. But the real story often begins thousands of miles away, high in the atmosphere, long before the first flakes ever fal…
The Week the Arctic Slipped South Read More »
The ship recycling market’s sentiment improved last week, despite adverse conditions. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships, said that “the Indian ship recycling market witnessed improved activity t…
Ship Recycling Taking a Hit From Geopolitical Tensions, But Sentiment Improved Last Week Read More »
BIMCO’s executives and analysts have weighed in the aftermath of the ceasefire agreement in the Middle East war. More specifically, Chief Safety & Security Officer, Jakob Larsen commented the following: Will ships trapped in the Persian Gulf seek t…
BIMCO: What Happens for Shipping After the Ceasefire Deal? Read More »
Six weeks into the Iran–US conflict, the closure of the Strait of Hormuz has triggered the most significant supply disruption in the modern oil market. Approximately 11 million barrels per day of crude production has been taken offline, export volumes …