Ship traffic through the Red Sea has remained slow in recent weeks despite a prolonged period without attacks from Yemen’s ...

There has so far been no sign of any significant shift by owners to run their vessels through the Red Sea again in a complex ...

The vessel had sailed through the Gulf of Aden off the coast of Yemen on February 7, and is now making its way through the Red Sea. "Flexible volumes from Oman and Qatar could continue to be destined ...

Global marine fuel sales jumped in 2024 after attacks by Yemen's Houthis starting in late 2023 prompted most shipping ...

The authority expects a gradual return to normal traffic from late March and a full recovery by the middle of this year.

Last week, the Islamic Revolutionary Guard Corps Navy (IRGCN) gained an interesting new addition – the Shahid Bagheri, ...

U.S. oil production is expected to reach new heights in 2025, surpassing earlier projections, according to the U.S. Energy Information Administration’s (EIA) latest Short-Term Energy Outlook.

(73.2-m) legs to the sea floor, then raises the vessel to the desired working height. Although small OSVs have successfully tended oil drill platforms in the calm, shallow waters of the Gulf of ...

Likewise Navitas has identified suitable and available existing floating production storage and offloading (“FPSO”) vessels ... 2024 and first oil at the end of 2026. The Sea Lion Field ...

Yemen is standing at another critical juncture, and the choices made today will determine its future, the Organization's ...