Featured Maersk expects low ’24 earnings Aya Anwar Feb 8, 2024 0 Maersk said on Thursday that it expects 2024 earnings to be significantly lower than last year's level due to an…
Featured TotalEnergies stops navigating Red Sea Aya Anwar Feb 7, 2024 0 TotalEnergies stated that the journey of its ships to Europe has been prolonged since the company stopped sending…
Featured Red Sea crisis is hurting Europe oil product deliveries: IEA Yomna Yasser Feb 7, 2024 0 The delays in oil product deliveries due to ships being re-routed to avoid attacks in the Red Sea are impacting…
Featured Global oil market turns local amid Red Sea unrest Aya Anwar Feb 4, 2024 0 Oil market appears more localised, as the ongoing Red Sea unrest and rising freight rates made supplies from closer…
Tech/AI Red Sea unrest menaces Italy’s economic stability – minister Yomna Yasser Feb 1, 2024 0 The ongoing disruption in the Red Sea region threatens to destabilise Italy's economy and marginalise ports in…
Featured Oil up in early Tuesday trade Aya Anwar Jan 23, 2024 0 Oil prices rose in early Tuesday trade. Brent crude climbed by 0.19 per cent, or about 0.14 cents, to reach $80.21…
Featured UK’s Primark sales slow in Xmas quarter Sama Mousa Jan 23, 2024 0 Primark, retail clothing company owned by Associated British Foods, witnessed a drop in its sales during the…
Featured Hapag-Lloyd to offer transits in S. Arabia over Red Sea attacks Sama Mousa Jan 22, 2024 0 German shipping giant Hapag-Lloyd will introduce land corridors through Saudi Arabia to mitigate the impact of the…
Featured Oil prices fall amid Red Sea risks Nada Ali Jan 22, 2024 0 Oil prices decreased globally as the OPEC member Libya resumed output of its largest field Sharara, bolstering…
Featured Suzuki halts Hungary plant for 1 week over Red Sea attacks Sama Mousa Jan 15, 2024 0 Suzuki Motor said on Monday it will halt production of its Vitara and S-CROSS in Hungary for a week amid Red Sea…