News Media


Greek Vessel Laden with Saudi Oil Sails through Hormuz

Mar 09, 2026

A Greek‑operated oil tanker has sailed through the Strait of Hormuz, ship tracking data showed on Monday, in a sign that some commercial vessels are still attempting to navigate the vital passage despite the U.S.-Israel war with Iran.The Shenlong Suezmax…

Oil Output Cut Across the Middle East

Mar 08, 2026

The U.S.-Israeli war on Iran has disrupted oil and natural gas exports from the Middle East and forced production stoppages from Qatar to Iraq, with Kuwait announcing cuts over the weekend.Analysts predict that the United Arab Emirates and Saudi…

Saipem, Capsol Collaborate on CO2 Capture Solutions

Mar 05, 2026

Saipem and Capsol Technologies ASA, a provider of carbon capture technology, have entered into a non-exclusive cooperation agreement in the field of carbon capture. Specifically, the agreement focuses on the joint development of projects of…

EU Unveils Ports Strategy

Mar 04, 2026

The European Commission has adopted the EU Ports Strategy, a comprehensive framework to step up the competitiveness, resilience, security and sustainability of Europe’s ports.Ports are a cornerstone of the EU economy, handling around 74% of external trade…

Exxon to Send its First Fuel Shipment from US Gulf Coast to Australia

Mar 04, 2026

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…

Port of the Future 2026: A Look Back, a Path Forward

Mar 04, 2026

A Quick Q&A with Port of the Future Founder and Event Director Kevin Clement on key differentiators and the value of attending, exhibiting and speaking at Port of the Future 2026:CLICK HERE to discover the conference line-up and to register for Port of the Future 2026 in Houston…

Shipping Crisis in the Strait of Hormuz Deepens, Tankers Stranded for Fifth Day

Mar 04, 2026

The U.S.–Iran war widened on Wednesday after a U.S. strike hit an Iranian warship off Sri Lanka, deepening a crisis that has paralysed shipping through the Strait of Hormuz for a fifth day and choked off vital Middle East oil and gas flows.The U…

Strait of Hormuz Disruptions Impact Bulk Carriers

Mar 04, 2026

'The attacks on Iran by the US and Israel have caused disruptions for ships transiting the Strait of Hormuz. Although this passage is less critical for the dry bulk sector than for the tanker market, the disruptions still impact around 4% of dry bulk cargo volumes and tonne mile demand…

Fujairah Bunkering Hit by Fire, Demand Shifts to Other Hubs

Mar 04, 2026

Ship refuelling at Fujairah, a major bunkering hub in the United Arab Emirates, has slowed after a fire, market sources told Reuters, while demand at other refuelling hubs, including Singapore, is set to rise.Some bunker deliveries and loadings were on hold for now as suppliers…

Greece Calls for Protection of Shipping, Seafarers Amidst Escalating Iran Conflict

Mar 03, 2026

Greece's shipping minister on Tuesday called for the protection of global shipping and seafarers, amid an 'alarming' situation that has left dozens of ships stranded in the Strait of Hormuz and the wider area due to the widening Iran conflict…

Fujairah Bunker Prices Surge as Demand Shifts Elsewhere

Mar 03, 2026

Ship refuelling at Fujairah, a major bunkering center in the United Arab Emirates, has slowed after the U.S.-Iran conflict disrupted fuel shipments in the region, spurring a jump in prices and potentially shifting demand to other ports including Singapore…

Drone Attack Damages Fuel Tank at Oman’s Duqm Port

Mar 03, 2026

A fuel tank at Oman’s Duqm commercial port was hit on Tuesday when the facility came under attack from several unmanned aircraft, the state news agency said, citing a security source, on the fourth day of U.S.-Israeli strikes on Iran, which has responded by targeting neighbouring countries…

U.S. Flag Tanker Damaged, 150 Vessels Stranded with Strait of Hormuz Close

Mar 02, 2026

Insurance companies are cancelling war risk coverage for vessels in the Gulf as the widening Iran conflict disrupted shipping, leaving at least four tankers damaged, two seafarers killed and 150 ships stranded around the Strait of Hormuz.Shipping through the strait between Iran and Oman…

Ferries: A Boost to Japan’s Long-Haul Ferry Fleet

Feb 19, 2026

Long-distance ferry routes form a key part of Japan’s national transport infrastructure, connecting the archipelago’s four major islands and littoral centers of population, commerce and industry.RoRo passenger (RoPax) ferry fleet renewal and…

Epstein Files Brings Down DP World Boss

Feb 13, 2026

DP World chairman and CEO Sultan Ahmed Bin Sulayem has resigned with mounting pressure over his alleged ties to Jeffrey Epstein.Bin Sulayem, one of the Middle East's most prominent business figures, is among the highest-profile executives to…

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