Iran’s Minister of Transportation Mohammad Eslami said that his country’s maritime transportation capacity has witnessed significant growth since last year when US President Donald Trump re-imposed anti-Tehran sanctions.
Read More »Oil Shipping Rates Jump as US Sanctions Hit Crude Trade
The current strength in rates has been triggered by geopolitics.
Read More »Could Solid Oxide Fuel Cells Cut Emissions from Shipping by 45%?
Fuel cell firm Bloom Energy and shipbuilder Samsung Heavy Industries have teamed up to further develop the technology. which converts gas into power through an electrochemical reaction.
Read More »China Hits Back at US for Sanctions on Iran Oil Deals
China'.s cooperation with Iran is legitimate and legal and should be respected and protected.
Read More »Iran to Award $430 mln Project on Automating Mega Port in Strait of Hormuz
A $430 million deal will be signed and finalized today to allow the construction of the largest automated port terminal in the Persian Gulf and the Sea of Oman for handling mining products and metals. Deputy Head of the Port and Maritime Organization.
Read More »Saudi Aramco Sees Full Oil Production from Attacked Sites by End September
The attacks halved the crude output of the world'.s top oil exporter. by shutting down 5.7 million barrels per day.
Read More »Saudi Aramco has Emerged from Attacks `Stronger than Ever`
Aramco already brought back part of the lost production and will return to pre-attacks level end of September.
Read More »Exxon Mobil. Shell among Groups to Build Five Pakistan LNG Terminals
The five new terminals could collectively triple Pakistan’s LNG import capacity.
Read More »Qatar Petroleum and Shell will Form LNG Bunkering JV
The new entity will support the purchase and sale of LNG as a marine fuel to customers around the world.
Read More »US Sanctions Promoting Dollar-Less Trade among Countries
Many countries in the world are establishing trade relations based on local currencies thanks to the US unilateral sanctions against some counties. adding that Iran is following suit to circumvent SWIFT limitations.
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