Lloyd’s Register (LR) has published its first Recommended Practice (RP) for Floating Offshore Wind Turbine Support Structures marking a significant milestone in the rapidly expanding floating offshore wind sector. Developed in alignment with established...

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Prices of iron ore futures fell on Tuesday, weighed down by concerns that demand for the key steelmaking raw material will slide, with steel demand in top consumer China showing signs of softening. The most-traded January iron ore contract on China’s Dalian Commodity...

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The Port of Los Angeles handled a record 954,706 Twenty-Foot Equivalent Units (TEUs) in September, a 27% increase over the previous year. It marked the close of the busiest quarter ever at the Port, which processed 2,854,904 TEUs in the last three months. Nine months...

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Wärtsilä Gas Solutions, part of technology group Wärtsilä, continues to strengthen its position as a market-leading supplier of advanced cargo handling systems. The latest contract is for four new 93,000 m3 capacity Very Large Ammonia Carrier (VLAC) vessels being...

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The International Maritime Organization’s (IMO) 2023 Greenhouse Gas (GHG) Strategy has three interlinked ambitions: a reduction in carbon intensity of international shipping by at least 40% by 2030, compared to 2008; the uptake of zero or near-zero GHG emission...

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Last week, OceanScore reaffirmed its commitment to the Greek maritime industry by actively participating in two prominent events in Athens, to share latest insights into FuelEU, as well as conducting on-site workshops with clients to transfer practical knowledge and...

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