China has particular exposure to Africa, with investments rising by 4.4 percent to US$1.8 billion in the first half of 2023. Chinese companies in East Africa, which borders the embattled Red Sea waterway, have found the going tough. Their production has been hampered because they cannot afford the more costly alternative transport options, analysts say. […]
The largest state-owned refiners in India have become increasingly cautious about committing to contracted Russian oil supply. They are wary of potentially violating the stricter enforcement of the U.S. sanctions on Russian oil exports. Multiple sources with knowledge of the matter have confirmed this, telling Bloomberg. The U.S. levied new sanctions against Russia last month on the second
India Shies Away From Contracted Russian Oil Supply Amid Stricter U.S. Sanctions Read More »
More than 350 industry experts gathered in Dubai last week to confirm the reality of hydrogen. Two days of discussions revealed that establishing hydrogen as the fuel of the future for the Middle East and North Africa (MENA) will not be easy. In recent years, the flood of project announcements has slowed, with only a
Middle East Green Hydrogen Gains Momentum Read More »
The Maldives announced on Tuesday that China would provide “military assistance.” This is the latest sign that the Indian Ocean Islands’ pro-China policy is on track after President Mohamed Muiz’s election last year. On Monday, the Maldives Ministry of Defense signed an agreement with the Chinese government. On “the provision of Chinese military assistance,” saying
Maldives Signs China’s Military Pact To Further Shift Away From India Read More »
It’s been a tough week for the security department at the world’s largest container shipping company. Three of the company’s fleet, was built in the 20th century. Have been involved in disturbing incidents around the world, with one under fire from the Houthis. Another suffered an engine room fire, and another suffered engine failure. The
Tough Week for MSC’s Vintage Fleet Read More »
Saudi Arabia’s NEOM will produce its first green hydrogen this year. The project aims to become known as the world’s largest green hydrogen production plant. Megacity NEOM, by the end of 2026, wants to produce 600 tons of fuel per day. Wessam Alghamdi, CEO of Neom Green Hydrogen Company (NGHC), said at a conference held
NEOM To Produce Its First Green Hydrogen Read More »
Ship verification platform RightShip provides subscribers with much-needed insight into sanctioned companies and vessels. RightShip has integrated the London Stock Exchange Group (LSEG) World-Check into its platform to help end users, including charterers, financial institutions, traders, port operators, and shipowners, Allows you to review and evaluate the company. Regarding the risks associated with sanctioned or
RightShip Adds Sanctions Data to the Platform Read More »
The Dearsan ceremony was attended by the Commander of the Qatari Navy, Rear Admiral Abdullah bin Hassan Al Surati. Prof. Dr. Mr. Haluk Gurgün, Director General of the Turkish Defense Service (SSB). And Mr. Aziz Yildirim, Chairman of the Board of Directors. According to her LinkedIn post for the company. The ship will be used
Dearsan Signs Contract With Qatar For 2 Fast Attack Craft Read More »
The small Gulf state plans to capture an even bigger share of the world’s natural gas trade. Thereby increasing annual sales by more than $30 billion with Qatar’s Gas. With two major expansion phases already underway and a major new expansion on the horizon. The small Gulf state of Qatar. Is on track to produce approximately
Qatar’s Gas Boost Will Bring Energy Dominance — and Lots of Cash Read More »
A cargo ship attacked by Yemen’s Houthi rebels has spilled oil and fertilizer into the Red Sea. Putting food, drinking water, and marine life at risk. The U.S. military’s Central Command, which has jurisdiction over the Middle East. Announced early Sunday morning that the Belize-flagged ship Rubimar. Carrying 21,000 tons of ammonium phosphate sulfate fertilizer,
Cargo Ship Hit By Houthis Sinks, Spilling Oil, and Fertiliser Into Red Sea Read More »
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