Russian LNG tanker plays it safe with route change after Libya strike
A tanker carrying liquefied natural gas from Russia’s sanctioned Arctic LNG 2 plant has diverted from the Mediterranean Sea to…
Oceaneering launches electric work class ROV
Oceaneering International announced that its subsea robotics segment has introduced a new electric propulsion work class remotely operated vehicle (ROV).…
Crude oil tanker damaged in blast near Iraqi port terminal
The Bahamas flagged crude oil tanker Sonangol Namibe‘s hull was likely to have been breached after being hit by a…
FACTBOX | Middle East disruption forces Asian refiners to cut runs
The US-Israel war on Iran has disrupted oil exports from the Middle East to Asia, forcing some Asian refineries to…
Port chaos feared as 600 boxships head to Middle East Gulf
Gulf crisis sparks fears of widespread port congestion as container lines abandon schedules
China is set to kick off its big policy meeting. What will be the key announcements?
China’s top policymakers are due to release growth targets and stimulus plans for the year at an annual parliamentary meeting…
Upcoming ‘two sessions’ set stage for strong start to China’s new five-year plan
As the annual national “two sessions” approach, China is expected to send strong and fresh signals on pushing high-quality development,…
Manufacturing rises as tariffs weigh on consumers, Fed Beige Book shows
Economic activity across the United States showed signs of weakening in late February, with five of twelve Federal Reserve districts…
War-risk surges, tankers idle: Why the Hormuz disruption could hit India’s fuel bill next
Roughly 20 million barrels of oil pass through the Strait of Hormuz every day. For India, about half its crude…
Eos Ventures sees opportunity in the insurance sector’s complexity
Galen Shaffer, principal at Eos Ventures, says regulation and fragmentation make the insurance industry fertile ground for innovation and investment.