The rates for ships hauling 2-million-barrel cargoes of Middle East oil to China climbed more than 15%, according to data from the Baltic Exchange in London
Tristar will actively participate in three of MEGA’s working groups, namely, Transport, Safety and Environment.
Saudi Aramco attack cut roughly half the nation's oil output, which amounts to more than 5% of world supply
Global oil prices surge, tensions escalate and US and KSA dip into reserves following major attack on Saudi Aramco refinery and oil field
As the International Maritime Organisation clamps down on harmful gas emissions from ships, banks - as the industry's financiers - are evolving alongside
All three firms to compete for EPC contract related to LNG bunkering project at Sohar Port, 200km west of Muscat
Vessels Value examines the impact of a US-Iran conflict on oil shipments in the Arabian Gulf
Because all six GCC states are signatories to the IMO and because the energy sector is one of the most heavily export-oriented industries in the region, the regional chemical industry has one of the longest and most costly supply chains.
Agility has been awarded a contract by the US-based Defence Logistics Agency to provide fuel storage services in Guam.
The statement came after the Saudi-led military coalition reported that Yemen’s Houthi movement attacked a Saudi oil tanker in the Red Sea.
ADNOC Logistics & Services will support SAFEEN in handling tier two oil spill incidents through containment, cleaning and maintenance activities.
Renish Petrochem has revealed plans to build a crude oil processing plant adjacent to its oil storage facilities at the Port of Hamriyah in Sharjah.