Oil steps back on Saudi supply reassurance

WNM | Sep 18, 2019 at 8:00 AM

Oil prices cooled on Wednesday as Saudi Arabia said full oil production would be restored by month’s end while caution ahead of an expected U.S. interest rate cut kept wider financial markets in tight ranges.

DB Cargo to expand business in China

WNM | Sep 13, 2019 at 6:23 PM

DB Cargo sees the Eurasian region as an attractive market. Due to its broad positioning, the company is growing faster than the market.

Iranian tanker no longer has Turkey destination

WNM | Aug 27, 2019 at 12:43 AM

An Iranian tanker at the centre of a confrontation between Washington and Tehran is no longer recorded as heading for Turkey, Refinitiv Eikon shipping data showed on Monday, having switched to a Turkish destination at the weekend.

Denmark opens Scandinavia’s largest offshore wind farm

WNM | Aug 27, 2019 at 12:33 AM

Swedish state-owned power company, Vattenfall has announced that it has officially opened Denmark’s, Scandinavia’s and Vattenfall’s largest offshore wind farm, the 407 MW Horns Rev 3 in the North Sea.