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Oil Rises as Fragile Middle East Ceasefire Sustains Supply Risks
3+ hour, 15+ min ago (605+ words) Oil prices rose on Thursday as doubts over a fragile two-week Middle East ceasefire raised concerns that energy flows through the crucial Strait of Hormuz will remain restricted. Brent crude futures LCOc1 were up $2. 18, or 2. 3%, at $96. 93 a barrel at 0645 GMT, while…...
Glencore, Taiwan's CPC Charter Tankers as Hormuz Reopens
3+ hour, 21+ min ago (696+ words) Commodities trader Glencore and Taiwan's state refiner CPC have chartered a tanker each to load Middle Eastern crude for Asia, while vessels in the Gulf are preparing to exit via the Strait of Hormuz, a day after the ceasefire in…...
Class NK Reshuffles Full-Time Executive Roles
21+ hour, 1+ min ago (174+ words) (From left): Yoshiya Yamaguchi, Yoshifumi Miyatake, Hayato Suga, Masaki Matsunaga, and Fumihiko Higashi. Credit: Class NK Former Senior Executive Vice President Junichiro Iida, Executive Vice President Toshiro Arima, and Executive Auditor Katsuhide Kuno have assumed the position of Advisor to…...
Nam Cheong Locks In Two OSV Charters amid Tight Southeast Asia Supply
22+ hour, 35+ min ago (384+ words) Malaysia-based offshore support vessel (OSV) provider Nam Cheong has secured OSV charter contracts worth up to $25 million, as demand for vessels remains firm in Southeast Asia. The contracts cover one anchor handling tug supply (AHTS) vessel and one maintenance work…...
Ethical Farming Ireland Objects to Pregnant Heifer Shipping
12+ hour, 36+ min ago (426+ words) Ethical Farming Ireland (EFI) has launched a new billboard campaign to raise awareness of pregnant dairy heifers being shipped to Algeria. The first shipment of pregnant dairy heifers left Waterford Port for Oran and Algiers ports in Algeria on January…...
Energy Workforce & Technology Council March Report Shows Rebound in Energy Services Employment
14+ hour, 6+ min ago (404+ words) The Energy Workforce & Technology Council released its March 2026 jobs report, showing a modest rebound in energy services employment following declines earlier in the year. Energy services employment totaled 627, 018 jobs in March, an increase of 1, 877 positions from February, according to preliminary…...
Schneider Electric, Microsoft Collaborate on Autonomous Production
16+ hour, 20+ min ago (371+ words) Schneider Electric, a global energy technology leader, is deepening its collaboration with Microsoft to help make it easier for industrial companies to modernize their operations, break free from proprietary legacy systems and deploy AI-powered automation at scale. A Collaboration Built…...
Bangladesh Looks to Purchase Increased Fuel From India
18+ hour, 15+ min ago (478+ words) Bangladesh on Wednesday sought to increase fuel purchases from India, as foreign minister Khalilur Rahman made the new government's first ministerial visit to New Delhi, a further sign that strained relations between the two countries may be easing. During his…...
France Leads 15-Country Effort to Reopen Strait of Hormuz
21+ hour, 18+ min ago (299+ words) French President Emmanuel Macron said about 15 countries were planning to facilitate the resumption of traffic through the Strait of Hormuz, through which a fifth of the world's oil supply usually flows, after a ceasefire between the United States and Iran…...
Kongsberg Maritime to Supply Waterjets for Indian Navy's Missile Vessels
20+ hour, 43+ min ago (236+ words) Kongsberg Maritime has signed a contract to supply 18 large Kamewa waterjets for the Indian Navy's Next Generation Missile Vessel (NGMV) program. Each of the vessels will feature waterjets, delivering speed and maneuverability for high-performance naval operations. The NGMV fleet is…...
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