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Sat, Apr

Houthis Stand Ready to Join Iran War, Additional Shipping Risk

Yemen's Iran-aligned Houthi movement, whose attacks on the Red Sea caused international shipping and trade chaos during the Gaza war, stands ready to strike the key waterway again in solidarity with Tehran,
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Maraen Approves $40M Port of Nigg Upgrade After Rebrand

Maraen has approved plans for more than $40 million (£30 million) investment for the upgrades at the Port of Nigg, following the integration of three energy businesses under a new brand.Maraen combines
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Asian Buyers Rush for Russian Oil Amid Supply Disruption

Asian countries including Vietnam, Thailand, the Philippines, Indonesia and Sri Lanka are lining up to buy Russian oil as the Iran war blocks supplies, raising the possibility that demand may exceed supply,
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Cadeler Raises Over $200M to Fund Fleet Expansion Plans

Cadeler has raised approximately $203 million (€175 million) through a private placement to fund planned investments in new offshore wind installation vessels and potential asset acquisitions.The offshore wind contractor said the proceeds
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Iran War Energy Shock Pushes Europe to Rethink Climate Policies

The European Union may be forced to scale back its flagship climate policies and geopolitical aims as the Iran war drives up energy prices - with lasting consequences for the bloc's energy
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Delfin LNG Nears FID as Pipeline Restart Awaits Approval

A final investment decision is expected in the Delfin LNG project offshore Louisiana in the next few weeks, or at most months, according to Eduard Ruijs, head of investment for Vitol, a
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CMA CGM Partners with Neoline

CMA CGM is making Neoline's wind-powered vessel Neoliner Origin directly accessible to its customers.The company says this low-carbon solution will strengthen its service offering between France and North America.Customers will now be
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