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GLOBALSplash2477h ago

MOL buys Shell stake in Cyprus gas field for $720m

Hungary’s MOL has signed an agreement to acquire BG Cyprus, a 100% subsidiary of supermajor Shell, which holds a 35% non-operated interest in the Aphrodite gas field in the eastern Mediterranean.…

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GLOBALSplash2472h ago

203,881 teu in one day: Shanghai rewrites port records

Shanghai has pushed its daily container throughput above 200,000 teu for the first time, setting another handling record at the world’s busiest boxport. The port moved 203,881 teu on August 1, nearly…

GLOBALSplash2472h ago

Ukraine sinks FESCO boxship

Ukraine has widened its campaign against Russia-linked commercial shipping, sinking a FESCO containership, striking a Greek-owned tanker and hitting three refineries nearly 1,600 km inside Russia.…

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