IEA Predicts World Oil, Gas Demand Could Grow Until 2050

Global oil and gas demand could grow until 2050, the International Energy Agency said on Wednesday, departing from previous expectations of a speedy transition to cleaner fuels following U.S. criticism about its

UK Set to Block Maritime Services for Russian LNG Exports

Britain plans to ban companies from providing services such as shipping and insurance for Russian liquefied natural gas exports, in its latest attempt to help Ukraine in its war against Russia by

Welding Program Helps Veterans Find a New Mission

Forged by Valor, a 501(c)(3) nonprofit in Rochester, NY, is offering an 800-hour welding education program that is operated by two veterans who understand the struggles firsthand.“Under the hood, you don’t see

Container Freight Rates Could Plunge with End of Houthi Attacks

Houthi militia have reportedly ceased attacks on Israel and shipping in the Red Sea, and the impact could be seismic for global ocean container shipping, warns Chief Analyst Peter Sand at Xeneta.

UK to Ban Maritime Services for Russian LNG Exports

Britain plans to ban companies from providing services such as shipping and insurance for Russian liquefied natural gas exports, in its latest attempt to help Ukraine in its war against Russia by

Nigeria, US, UK Agencies Investigate $235m Cocaine Seizure at Tincan Port

Nigeria's anti-narcotics agency is working with its U.S. and British counterparts to investigate the origins of a $235 million cocaine shipment seized at Lagos' Tincan Port, in one of the country's largest drug hauls.The National

Concordia Damen Delivers Tanker to Gambler Shipping B.V.

Concordia Damen has announced the delivery of a CDS Tanker 135. Last week, the vessel successfully passed its trials, after having been outfitted at Concordia Damen’s shipyard in Werkendam by its long-time

Oil Prices Rise Amidst Latest US Sanctions

Oil prices rose on Tuesday on the impact of the latest U.S. sanctions on Russian oil and optimism that the U.S. government shutdown could end soon, although oversupply concerns limited gains.Brent crude futures were up $1.14,

Russian Oil Exports Remain Stable Despite Recent Sanctions

Russia has maintained a steady pace of oil shipments from its sea ports at the start of November despite fresh U.S. sanctions imposed on the country's largest oil companies, traders said and LSEG