The Biodiversity Beyond National Jurisdiction (BBNJ) Agreement targets sustainable use of marine biodiversity in international waters. The world’s first global treaty to protect ocean life in international waters enters into force on 17 January 2026, bringing into...

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Philippine President Ferdinand R. Marcos said Jan. 19 that the Southeast Asian country has made a “significant natural gas discovery” in a reservoir called Malampaya East 1, or MAE1, which is located about 5 kilometers east of the existing Malampaya field. “The MAE-1...

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Gold and silver hit record highs on Monday, driven by a flight to safety after U.S. President Donald Trump warned of extra tariffs on some European countries in a dispute over Greenland. Spot gold jumped 1.5% to $4,662.85 per ounce by 1121 GMT, after scaling an...

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Columbia Group, a leading integrated maritime, logistics and offshore services company, has announced a strategic expansion into India with the opening of a new office in Mumbai, reinforcing the Group’s long-term global growth roadmap. The new office marks a...

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NH Investment & Securities said on the 15th that Korean shipbuilders are expected to record an increase in orders this year that surpasses last year’s performance, helped by the resumption of gas carrier orders. It cited cooperation with foreign shipbuilders, a...

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Russian seaborne crude exports have fallen sharply so far in January with less Indian demand amid tightening sanctions, following months of high overseas shipments, according to cargo-tracking data. S&P Global Commodities at Sea figures show the country has...

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