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Transpetro concludes commercial negotiation phase with Ecovix/ McLaren consortium for acquisition of Handy ships
Transpetro finalized the commercial negotiation phase with a consortium constituted by the Ecovix, in Rio Grande (RS), and McLaren, in...
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Shipbuilding orders surge to 15-year high
Owners plowed more than $188 billion into newbuilds in the first 11 months of the year, on course for the...
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Saudi non-oil exports jump 12.7% to $6.76bn in October
According to the General Authority for Statistics, chemical products led the non-oil export categories, accounting for 26.8 percent of the...
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Construction begins on Estonia’s first biomethane-powered multipurpose workboat
Estonia’s first biomethane-powered multipurpose workboat was officially laid down in a ceremonial keel-laying event, according to Estonian State Fleet's release....
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Saipem and AVEVA sign a MoU to develop AI solutions for engineering in the energy and infrastructure sector
Saipem, a global leader in engineering services for the energy and infrastructure sectors, and AVEVA, a global leader in industrial...
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COSCO and China Merchants increase investments in China LNG Transportation
COSCO SHIPPING Energy and China Merchants Energy Transportation are increasing their investments in China LNG Transportation (Holdings) Co., Ltd. (CLNG)...
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Samsung Heavy wins $508 mln ethane carrier order
Samsung Heavy Industries secured a 724 billion won ($508 million) deal to build two very large ethane carriers for an...
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Hanxin Shipping signs a liner company cooperation agreement with Luojing Branch of SIPG Group
Hanxin Shipping Co., Ltd. and Shanghai International Port (Group) Co., Ltd. Luojing Branch signed a liner company cooperation agreement, according...
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China resumes port quarantine of Australian lobsters
China has resumed routine port inspection and quarantine of lobsters from Australia, Xinhua reports citing He Yongqian, spokesperson with the...
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Egypt ranks 23rd on maritime connectivity index for 2024
The Information and Decision Support Center of Egypt’s Cabinet has released a report titled "Maritime Trade Gateways at the Core...
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Improved efficiency is enabling record U.S. crude oil production from fewer rigs
Crude oil production in the U.S. Lower 48 (L48) states, which excludes Alaska and offshore production, reached a record 11.3...
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Rising US fuel demand will support both refiners and renewable producers
The US move to decarbonize the transportation fuels markets has made allies of two groups historically at odds: refiners and...
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Russia calls gas sales to Europe ‘complicated’ as deal with Ukraine nears end
Russia said on Monday the situation with European countries that buy its gas through a transit deal via Ukraine was...
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Diana Shipping Inc. Announces Direct Continuation of Time Charter Contract for m/v Amphitrite
Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced...
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AST Reygar to Launch New User-Friendly Dashboard for Award-Winning BareFLEET Vessel Monitoring System
AST Reygar, a leading maritime solutions provider and part of AST Networks, is excited to announce the upcoming launch of...
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FuelEU Maritime implementation delayed for Norway and Iceland
What impact does this have? FuelEU will not apply to Norway and Iceland, the two maritime States that are EEA...
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U.S. Ships Act Promises Major Boost for Merchant Shipping and Korean Shipbuilders
On Dec. 19, the U.S. Congress introduced the SHIPS for America Act, which aims to significantly bolster the U.S. merchant...
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Indian state refiners may buy Mideast spot oil to replace Russian shortfall
Indian state refiners are considering tapping the Middle East crude market as spot supply from their top supplier Russia have...
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PSC focus on NOx technical files and machinery components
GHG regulations and focus for PSC According to DNV, different PSC areas are currently scrutinizing the NOx Technical Files and...
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Healthy bunker demand, tighter non-sanctioned supply to boost Asian HSFO market
The Asian high sulfur fuel oil market will likely find some tailwinds in 2025, as a continued rise in scrubber-installed...
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