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July 2, 2024
Norwegian shipping company DOF Group announced on Tuesday that it had signed an agreement with Maersk Supply Service Holding to purchase a Maersk Supply Service from them for $1.11 billion. The deal was a combination of cash and stocks. In the agreement, DOF will pay A.P.
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July 2, 2024
Italian customs and police said that they intercepted two Chinese military drones disguised as wind-turbine equipment and bound for Libya. A joint statement stated that the drones had been disassembled and were hidden in six containers in the port of Gioia Tauro, in the southern region Calabria.
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July 2, 2024
The forecast track of Hurricane Beryl continues to steer it away from the major offshore production areas of the U.S. regulated northern Gulf of Mexico. Brent crude futures rose 24 cents or 0.28% to $86.84 per barrel at 10:20 AM CDT (1520 GMT). U.S.
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July 2, 2024
The U.S. The U.S. With the approval of the New Jersey project, the U.S. is now over a third way towards the 2030 target - an important part of President Joe Biden’s climate change agenda. Last year, high materials costs, high rates of interest and delays in the supply chain led Orsted…
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July 2, 2024
Federico Olivieri (29), a farm worker who had worked informally for years, was shocked to see a large building site next to his Sicilian home, with the training offered for the many specialised jobs needed. The Webuild programme is one of many 'academies…
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July 2, 2024
These are the most popular stories in the British business pages. These stories have not been verified and we cannot vouch for the accuracy of these reports. Revolut's profits reached record levels last year, thanks to higher interest rates.
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July 1, 2024
Bloomberg News reported Monday that Russian attack subs have carried out missions in the Irish Sea two times since the invasion of Ukraine in 2022, citing sources familiar with the issue. Reports indicate that the first deployment of the Russian…
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July 1, 2024
According to shipping documents and data, Venezuelan oil exports in June were mostly flat at 760,000 barrels a day (bpd), as U.S. licences supported the half of shipments for destinations within Europe and the U.S. Washington decided in April…
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July 1, 2024
Maersk, a Danish shipping company, said that disruptions in container shipping via Red Sea will continue through the third quarter. Maersk, among other shipping companies, has diverted ships around Africa's Cape of Good Hope to avoid attacks…
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July 1, 2024
Maersk, a Danish shipping company, said that disruptions in container shipping via Red Sea will continue through the third quarter. Maersk, among other shipping companies, has diverted ships around Africa's Cape of Good Hope to avoid attacks…
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July 1, 2024
Yemen's Houthis announced on Monday they had conducted four military actions targeting four ships, including four in the Red Sea, Arabian Sea, Mediterranean Sea, and Indian Ocean, "linked to United States, United Kingdom, and Israel". Yahya Saarea…
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July 1, 2024
The Lebanese Petroleum Administration announced on Monday that the energy ministry of Lebanon has extended until March 2019 the deadline for bids for offshore exploration rights. The government initially set a July 3, 2024 deadline for the bidding…
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July 1, 2024
Alessandro Puliti, CEO of the Italian energy group Saipem, said that work has begun on the Courseulles-sur-Mer off-shore wind project in Normandy. The wind farm is expected to be completed by 2025. Financial analysts are closely monitoring Courseulles…
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July 1, 2024
Maersk, the Danish shipping company, said Monday that it was no longer interested in purchasing DB Schenker because integrating this logistics firm would present too many challenges. Maersk had previously stated that it would consider buying the logistics division of Deutsche Bahn…
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July 1, 2024
Four officials with knowledge of the situation say that the Turkey is now mediating between Somalia, Ethiopia and a port agreement Addis Ababa made with the Somaliland breakaway region earlier this year. Negotiations are the latest effort to repair diplomatic ties.
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July 1, 2024
Craig Mitchell's team of umpires and Craig Mitchell have had an impact on the SailGP Grand Final this month. With $2 million at stake, each penalty they have imposed during the SailGP season could be a big one. Mitchell, who is a professional…
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June 30, 2024
According to the Times of India, 11 people have died in New Delhi due to the sudden, heavy rain this week, including four Indian citizens who drowned underpasses that were submerged. Flight operations in the Indian capital also slowed down.
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June 30, 2024
United Kingdom Maritime Trade Operations said that on Sunday, it received a report about an incident which occurred 13 nautical miles southwest from Yemen's Al Mukha. However, the vessel and crew were in good health. A UKMTO note stated that a merchant ship reported 12 small craft approaching it.
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June 28, 2024
The administration of U.S. president Joe Biden announced on Friday that it would hold an offshore lease sale in August off the coasts Delaware, Maryland and Virginia as part of a broader effort to expand the industry for fighting climate change.
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June 28, 2024
Three traders reported that the prices of Russian Urals oil for cargoes loaded in Indian ports in July were stable, thanks to a healthy demand for this grade, and a decline expected in exports in August, despite increasing sanctions risks. Recent…
