Singapore tops the list of the most important maritime capitals for 2015, according to a new report released by Menon Business Economics today.
The Nippon Foundation, a Japanese philanthropic organization that promotes social innovation, has said it is willing to establish a US$100 million endowment fund to support expansive and innovative activities at the World Maritime University (WMU).
The UAE’s investments in the maritime industry are expected to reach $66 billion (Dh242 billion) in the next three years, according to industry estimates released at the Dubai Maritime Summit kicked off on Monday.
Even with low prices, oil and gas sector will generate much needed cash to fund other infrastructure projects.
Saudi Aramco , the kingdom's state oil giant, is seeking to borrow $4.7 billion from banks to refinance capital used to build a refinery in collaboration with China's Sinopec , three sources with knowledge of the matter said on Tuesday.
Western Australia will see a massive increase in offshore gas activity in 2020, with Woodside Petroleum greenlighting phase two of the Greater Western Flank Project (GWF-2).