Oil prices rose more than 3% on Monday after new US-Iran military exchanges revived concern over Gulf energy flows, with US crude futures up $2.88, or 3.3%, to $90.24 per barrel and Brent up $2.78, or 3.05%, to $93.90 at 0701 GMT, according to US Central Command. The...

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Ventia Services Group has secured a five-year, A$133m ($95.6m) extension to manage and operate the Australian Marine Complex–Common User Facility in Henderson, Western Australia, according to Ventia. The extension starts in July 2027, after the current term ends....

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Port of Oakland handled 184,492 TEU in April, down 0.5% year on year, as vessel calls fell to 80 from 86 in March, according to Port of Oakland. Throughput declined from 198,667 TEU in March. Imports totalled 91,805 TEU, while exports reached 92,687 TEU, leaving...

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Russian President Vladimir Putin has instructed the government, together with the Bank of Russia, Rosatom State Corporation, and the State Development Corporation VEB.RF, to provide the necessary financing, primarily extra-budgetary, for the construction of the fifth...

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Norway’s Zinus AS has won its first Australian contract to supply a fully autonomous ZPP800 DC Charging Tower for a Transport for NSW project at Barangaroo Wharf in Sydney, according to Zinus AS. UGL Transport awarded the contract, with Transport for NSW as the end...

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Tankers have moved ahead of other ship types in the uptake of wind-assisted propulsion, with 37 vessels fitted with the technology, according to the International Windship Association. Bulk carriers follow with 24 ships, matching the combined ro-ro and ro-pax segment....

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