Global demand for cruising reached 22.04 million passengers in 2014, up 3.4 percent from 21.3 million passengers reported in 2013, and up 68 percent from 13.1 million passengers in 2004, according to a new study from the cruise industry trade association Cruise Lines International Association (CLIA)
Global demand for cruising reached 22.04 million passengers in 2014, up 3.4 percent from 21.3 million passengers reported in 2013, and up 68 percent from 13.1 million passengers in 2004, according to a new study from the cruise industry trade association Cruise Lines International Association (CLIA)
Today we are bringing you an interesting infographic showing a detailed review of maritime transport in 2014. The infographic, which is a part of UNCTAD’s Review of Maritime Transport, provides an analysis of structural and cyclical changes affecting seaborne trade, ports and shipping. The infograph
Today we are bringing you an interesting infographic showing a detailed review of maritime transport in 2014. The infographic, which is a part of UNCTAD’s Review of Maritime Transport, provides an analysis of structural and cyclical changes affecting seaborne trade, ports and shipping. The infograph
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The chief executive officers of 10 of the world’s largest oil and gas companies today declared their collective support for an effective climate change agreement to be reached at next month’s 21st session of the United Nations (UN) Conference of Parties to the UN Framework on Climate Change (COP21).
The chief executive officers of 10 of the world’s largest oil and gas companies – which together provide almost a fifth of all oil and gas production and supply nearly 10% of the world’s energy – today declared their collective support for an effective climate change agreement to be reached at next
Siemens has signed a contract with Dolphin Energy, headquartered in Abu Dhabi, to extend for an additional 18 years the existing service agreement for aero-derivative gas turbine trains operating at the Dolphin gas project.
Global demand growth is expected to slow from its five-year high of 1.8 mb/d in 2015 to 1.2 million barrels per day (mb/d) in 2016 – closer towards its long-term trend as previous price support is likely to wane, the IEA Oil Market Report for October informed subscribers. Recent downgrades to the ma
Global offshore oil production in ageing fields will fall by 10 percent next year as producers abandon field upgrades at the fastest rate in 30 years, in the first clear sign of output cuts outside the U.S. shale industry, exclusive data shows.
OPEC forecast on Monday that demand for its oil in 2016 would be much higher than previously thought as its strategy of letting prices fall hits U.S. shale oil and other rival supplies, reducing a global surplus.
Popular news, October 5 – 11, 2015
Italy’s Saipem has been boosted by more than 600 million euros worth of offshore engineering and construction contracts, awarded by Saudi Aramco and Eni, respectively. Converted to U.S. dollars, the contracts are worth $680 million. The company said that an EPCI contract awarded by Saudi Aramco, inv
Crude futures rose in early Asian trade, with U.S. oil climbing above $50 a barrel, after an influential forecaster predicted that a market rally was not far off and U.S. Federal Reserve minutes suggested there was no hurry to raise rates.