While global energy markets are not yet pricing in worst-case scenarios for the Israel-Iran war, oil tanker rates are providing a good real-time gauge of the escalating risks.Geopolitical risk has spiked following Israel's surprise bombardment of the Islamic Republic last Friday and Iran's retaliatory ballistic missile strikes, leading to a rally in global energy prices, with Brent crude rising 8% to roughly $75 a barrel…
Yara and Air Products have advanced negotiations to partner on low-emission ammonia projects.Yara has matured a project portfolio for potential investment in cost competitive US ammonia to diversify its energy position and increase competitiveness of its European nitrate production…
Saudi Global Ports Group (SGP) celebrated a landmark moment in Saudi Arabia’s logistics development with the official inauguration of the Terminal 2 Berth Expansion under SGP Container Terminals and the groundbreaking of the Dammam Integrated Logistics Zone at King Abdulaziz Port Dammam (KAPD)…
CMA CGM closed the third quarter of 2025 with a mixed scorecard that underlines how volatile geopolitics continue to reshape global liner networks. Group results fell year-on-year, but the core shipping arm lifted liftings and stabilized sequentially…
LNG Canada has started production of liquefied natural gas at the second of its two processing units, known as Train 2, the company said.Both trains at the Shell-led project in Kitimat, British Columbia - each with a capacity of 6.5 million metric tons per annum - are now operational…
Abu Dhabi's AD Ports Group said on Thursday it had signed a deal to buy a minority stake in a container terminal in Syria's main commercial port for $22 million, the latest sign of Syria drawing in investment as it tries to rebuild.Under the…
SGP Container Terminals, a subsidiary of Saudi Global Ports Group, has surpassed 15 million TEUs in cumulative container throughput handled at King Abdulaziz Port Dammam since commencing operations in 2015.This milestone was achieved through close collaboration with the Saudi Ports Authority…
Israel has attacked Houthi targets in three Yemeni ports and a power plant, the Israeli military said early on Monday, marking the first Israeli attack on Yemen in almost a month.The strikes on Hodeidah, Ras Isa and Salif ports, and Ras Qantib…
In the presence of H.E. Eng. Saleh bin Nasser Al-Jasser, Minister of Transport and Logistic Services and Chairman of the Saudi Ports Authority, Mawani, in collaboration with the National Center for Privatization, signed contracts to privatize…
Sempra Infrastructure has been issued a permit from the U.S. Department of Energy (DOE) for the Port Arthur LNG Phase 2 development project which will allow the export of up to approximately 13.5 million tonnes per annum (Mtpa) of U.S.-produced…
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