Oil and Petrochemicals
The CEO of TAPIKO has started the renovation of the Iranol Abadan refinery
The renovation project of the Iranol Abadan oil refinery has begun with an investment of 10 trillion rials. This project...
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Oil and Petrochemicals
Increase of 153 trillion tomans in the portfolio of Persian Gulf Petrochemical Industries
Persian Gulf Petrochemical Industries has increased its stock portfolio value by 153 trillion and 630 billion tomans, br...
Oil and Petrochemicals
Increase in Product Tanker Rates in Global Markets
Product tanker rates in global markets, especially in the Middle East and Asia, have surged significantly due to recent...
Economy
Container shipping rates from Asia to the United States have increased
Container shipping rates from East Asia to the United States have risen due to steady demand and traffic caused by weath...
Economy
Dry Bulk Shipping Market on the Rise Again
The dry bulk shipping market is moving towards its highest level this month. Time charter rates increased by $142 to an...
Technology
VALE Moves Towards the Use of Ethanol in Maritime Fleet
VALE, in collaboration with Shandong Shipping, has initiated projects to build new ships with ethanol refueling capacity...
Oil and Petrochemicals
The Decline of VLCC Tanker Rates in the Middle East Market
VLCC tanker rates in the Middle East market have slightly decreased to WS1,157.5. Meanwhile, rates for other tankers in...
Oil and Petrochemicals
Iran Emphasizes Its Conditions for the Reopening of the Strait of Hormuz
Iran announced that it will not reduce its conditions for reopening the Strait of Hormuz and is awaiting a definitive re...
Oil and Petrochemicals
Increase in B100 Samples in Rotterdam in 2026
B100 samples registered by ENGINE in Rotterdam more than doubled in the first eight months of 2026, reaching 77 samples....
Economy
6% Increase in Container Index in Asia by Drewry
The Container Index in Asia (IACI) has risen to $1491 per 40-foot container. This increase is due to geopolitical disrup...
Analysis
The Improving Trend of LNG Ship Orders in China in 2023
The volume of LNG ship orders in China has improved this year, and the country is striving to create more competition in...
Environment
New Analysis Shows Oil Pollution in Oceans is Increasing
New analysis shows that 90 percent of oil pollution in oceans occurs in national waters, including protected areas.