EMEA port operators are mostly in a good position to deal with global trade tensions and slowing economic growth, Fitch Ratings says. However, the ratings on Limak and Euroports had low headroom prior to President Trump’s tariff announcements, which may further...
The EU retained its lead as the biggest LNG importer, significantly increasing its imports during the first half of the year. In its latest weekly report, shipbroker Banchero Costa said that “global seaborne LNG trade was increasing sharply until 2022, helped also by...
The first half of 2025 has seen global trade continue its upward trajectory, albeit under the persistent shadow of “increasing trade policy uncertainty, ongoing geopolitical tensions, and a challenging global economic environment”, according to the latest UNCTAD...
Indian Oil Corp IOC plans to shut the diesel desulphuriser unit at its 300,000 barrel-per-day Panipat refinery for an upgrade aimed at producing sustainable aviation fuel (SAF) next year, Arvind Kumar, its head of refineries, said on Thursday. The overhaul of the...
The United Arab Emirates could further boost its oil production capacity after 2027 if that is what markets require, its energy minister said on Thursday, signaling a move that could propel the country to the elite club of top five global oil producers. OPEC has...
Tototheo Global, a leading provider of advanced connectivity and technology solutions for the maritime and enterprise sectors, has announced the expansion of its long-standing partnership with global content and connectivity service provider SES. Under a new four-year...