Supply crunch hits Asia as Iran conflict disrupts naphtha flows
Cut off from Middle East naphtha due to the Iran war, Asian producers of plastics and packaging face surging premiums…
Atlantic Sapphire secures $10m bridge loan as it seeks to avoid default
Aquaculture company Atlantic Sapphire entered into a bridge loan agreement for an aggregate amount of up to $10 million, according…
Sable Offshore resumes oil sales via restarted California pipeline
Sable Offshore said on Monday it has begun selling oil from its Santa Ynez Pipeline System offshore California to Chevron,…
FEATURE | Oil prices surge further after Houthis open new front against Israel
Oil prices extended gains on Monday, with Brent heading for a record monthly rise, after Yemeni Houthi terrorists widened the…
Australia Charges Crew Saying Ship Hide More Cocaine After French Seizure
Australian authorities filed charges against six members of the crew aboard the supply ship, alleging they smuggled one tonne of…
Philly Wins its First U.S. Navy Design Contract Under Hanwha’s Management
Hanwha Philly Shipyard has won its first Navy newbuild project under its new Korean management – a subcontract to Vard…
Strike Ends at Bath Iron Works After One Week
The members of the Bath Marine Draftsmen’s Association ratified a new contract on Saturday, March 28, ending a strike at…