SFL Corporation signs $170m drilling contract for rig in Canada
Bermuda-based shipowner SFL Corporation has finalised a drilling agreement with an unnamed multinational oil and gas firm for the semi-submersible…
Capesize spot earnings plunge 24% in three days as Middle East war props up bunker costs
Charterers were still paying more for large bulker tonnage
Baltic tanker FFA curve suggests VLCC rates party may be ending soon
Futures market in backwardation with drop expected as soon as April
CK Hutchison Seeks $2B in Damages from Panama as It Takes More Legal Steps
CK Hutchison and its Panama-based subsidiary, the Panama Ports Company, have taken a series of additional legal steps in the…
Greece GDP Grows 0.8% in Q4
Greece’s economy expanded 0.8% quarter-on-quarter in Q4 2025 from an upwardly revised 0.7% gain in the previous quarter and marking…
UAE weighs freezing billions in Iranian assets amid escalating tensions
The United Arab Emirates is considering freezing billions of dollars of Iranian assets held in the Gulf state, according to…
U.S. nonfarm payroll employment unexpectedly falls in February
The U.S. economy unexpectedly shed jobs in February, in a reversal from a robust reading in the prior month, clouding…
US Economy Loses 92K Jobs in February
The US economy shed 92K jobs in February 2026, the most in four months, following a downwardly revised 126K rise…
Korea secures 6 mil. barrels of crude from UAE as fuel prices surge amid Iran conflict
Korea will import more than 6 million barrels of crude oil from the United Arab Emirates in an emergency effort…
Gemini suspends, revamps Middle East services amid growing conflict
The service disruptions come as freight tracking platform Vizion said Friday there has been an 81% drop in daily bookings…