Oil and Petrochemicals
Forecast of Brent Oil Price Increase to $92.88 in 2026
According to a new survey, the average price of Brent oil is expected to reach $92.88 per barrel in 2026. This price inc...
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Proposal to Establish an Oil Bank to Improve Financial Services for Employees and Retirees
The proposal to establish an 'Oil Bank' aims to enhance financial services for employees and retirees in the oil industr...
Oil and Petrochemicals
China's Crude Oil Imports Decrease to 9.03 Million Barrels per Day
China's crude oil imports in September were 9.03 million barrels per day, unchanged from the previous month. Refining ca...
Oil and Petrochemicals
Highest Tanker Orders in New Activities with High Prices Until 2027
Tanker orders reached 267 units and a capacity of 67 million DWT in 2026. The construction prices of tankers are expecte...
Oil and Petrochemicals
35% Increase in Suezmax Tanker Sales Due to High VLCC Demand
Suezmax tanker sales have increased by 35% this year. This increase is due to high demand for VLCC tankers.
Economy
0.1% Increase in the Baltic Dry Index
The Baltic Dry Index increased for the third consecutive day, reaching 2714 points. The Capesize index also rose by 0.9%...
Technology
China Charts Its Course for Green Maritime Corridors
China is recognized as a key player in the development of carbon-free trade corridors by participating in at least 21 gr...
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Iranian Oil Tankers Disappear in the Gulf of Oman
Sanctioned Iranian oil tankers have suddenly disappeared in the Gulf of Oman. This incident occurs as threats from the R...
Exclusive Report
Fluctuations in the Shipbuilding Market and the Status of Tanker Fleets in Week 44
The shipbuilding market in week 44 witnessed an improvement in sentiment among recycling buyers. Despite rising oil pric...
Technology
41 MWh Electric Ferry Joins Argentina's Maritime Fleet
An electric ferry with a capacity of 41 megawatt-hours has been added to Argentina's maritime fleet, and the design of a...
Oil and Petrochemicals
Saudi Arabia's Oil Tanker Loadings Reach Highest Level Since February
On Wednesday, Saudi Arabia loaded nine large crude oil tankers at its Gulf export facilities. This number of loadings is...
Oil and Petrochemicals
Increase in VLCC Rates in the Maritime Transport Market
VLCC ship rates have increased in the past week, impacting the market with a strong start. This trend continues despite...