Health
22 Killed in Global Maritime Incidents Involving EU-Registered Vessels in 2025
In 2025, 22 people lost their lives in global maritime incidents involving vessels registered in the European Union. Thi...
Latest News in English
Oil and Petrochemicals
Naming of the LEKHRAIB Ship by CMES in South Korea
The LEKHRAIB ship was named as the first LNG carrier of CMES's second project with QatarEnergy in South Korea. This ship...
Economy
Strong Performance of Three Major Shipbuilders in South Korea in the Third Quarter
Three major shipbuilders in South Korea reported stronger performance in the third quarter of this year despite various...
Economy
Increase in Iron Ore and Steel Prices in China in November 2026
Iron ore and steel prices in China rose in the first session of November. Prices experienced an upward trend due to bett...
Oil and Petrochemicals
2% Increase in Fuel Oil Reserves in the ARA Region in October
Independent fuel oil reserves in the ARA region increased by 2% in October compared to September. Imports and exports of...
Economy
FEPORT Emphasized the Need to Support the Cargo-Based Scheme to Prevent Carbon Leakage in Ports
FEPORT discussed the importance of the cargo-based scheme to prevent carbon leakage in European ports during a meeting....
Oil and Petrochemicals
Signing of the Liquefied Natural Gas Supply Contract between Metlen and Shell
Metlen and Shell have signed a long-term liquefied natural gas supply contract that includes six shipments per year with...
Analysis
Wood Mackenzie's Analysis of Changes in the Global Base Metals Market
Wood Mackenzie's new analysis shows that geopolitical disruptions and power shortages are reshaping the global base meta...
Economy
Copper Price Rises to $6.50 Amid Reduced Concerns in the Technology Sector
The futures price of copper has increased to $6.50 per pound, indicating a return to an upward trend after two days of d...
Oil and Petrochemicals
Oil Prices Rise Following Ukraine Attacks on Russian Refineries
Oil prices increased last week due to Ukraine's attacks on Russian refineries and concerns over new tensions in the Midd...
Oil and Petrochemicals
Massive Fire at HPCL Oil Refinery in Visakhapatnam, India
A large fire has occurred at the HPCL oil refinery in Visakhapatnam, India. Published images show the severity of the in...
Oil and Petrochemicals
China Resumes Gas Production from the Lingxui 17-2 Field
China National Offshore Oil Corporation announced that it will resume gas production from the Lingxui 17-2 field after a...