Spot premiums for crude and some refined products in Asia, Europe and Africa have fallen back following a U.S.-Iran deal to end the Middle East conflict, though caution about how soon normal shipping can resume is providing a floor for oil markets.Prices tumbled across the board on Monday after U.S. President Donald Trump said a preliminary agreement had been signed.
Prysmian, a leader in energy and data wire and cabling solutions, recently announced changes to its leadership structure in North America to further strengthen the company’s market position in the region. 2025 marked the best year yet for Prysmian, with global revenues reaching USD$23.08 billion (€20 billion).
Equinor has entered into a two-year bio-methanol supply agreement with Wallenius Wilhelmsen, a major global player in shipping and vehicle logistics, supporting a growing marine segment for low-carbon fuels.Soon bio-methanol from Equinor will fuel ships that are bringing cars and machinery from points of production to markets.
The transition towards digitalisation and automation is speeding up in the maritime industry, and a comprehensive strategy is emerging to turbo-charge efficiency, safety and sustainability. Yet key questions remain about the adoption of technologies and solutions to enhance operational performance, future-proof fleets while remaining commercially competitive
ADNOC Logistics & Services has unveiled the UAE’s first remotely operated offshore landing craft vessel, a 60-metre unmanned platform designed to improve safety, efficiency and emissions performance across offshore operations.Developed with SeaOwl and launched during Abu Dhabi Autonomous Week 2025, the vessel uses AI-enabled systems
French ferry operator Corsica Linea has achieved up to 22% fuel savings on its RoPax ferry Pascal Paoli following the installation of a retrofit package delivered by Finnish technology group Wärtsilä.The upgrade, completed in late 2024, included the installation of a twin screw controllable pitch propeller (CPP) system optimized for the ship’s operating profile