News Flash

ESL Shipping Becomes The First Shipping Company In The World To Utilize Neste’s Co-Processed Marine Fuel For GHG Emissions Reduction

Finnish shipping company ESL Shipping will become the world’s first shipping company to start utilizing new low-emission Neste Marine™ 0.1...
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KOGAS And TotalEnergies To Cooperate On LNG And Energy Transition

Korean public LNG company Korea Gas Corporation (KOGAS) and French energy giant TotalEnergies have signed an LNG trading business deal....
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Inmarsat And Fameline MoU Extends Strategic Collaboration

A Memorandum of Understanding (MoU) has been signed between Fameline Holding Group (FHG), its subsidiaries and Inmarsat – the world...
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BP To Reduce Carbon Footprint Of Shah Deniz Platform Through New Power Supply

A joint venture between Houston-based KBR and Azerbaijan’s SOCAR has been awarded a front-end engineering design (FEED), turnaround engineering, and...
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Lloyd’s Register To Acquire OneOcean

Classification Society Lloyd’s Register (LR) has acquired voyage optimisation and compliance company OneOcean from its private equity owners. Completion is...
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Rolls-Royce Orders Second Remote Engine Monitoring Solution For Elimination Of Engine Room Commissioning Hazards

Proven monitoring system ensures safe, remote engine commissioning during sea trials commissioning with scope for business-wide roll-out UK, 20th of...
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Proman Stena Bulk Takes Delivery Of First Methanol-Powered Newbuild Vessel

Proman Stena Bulk, a joint venture (JV) between a leading global methanol producer Proman and one of the world’s largest...
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Baltic Pipe Passes Another Technical Acceptance

Technical acceptance of the first stage of the gas compressor station expansion in Odolanów, Poland, for the Baltic Pipe has...
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ConocoPhillips Joins QatarEnergy’s North Field East Expansion Project

Qatar’s state-owned oil and gas company QatarEnergy has selected U.S. oil major ConocoPhillips as a partner in the large LNG...
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US Navy’s Giant Underwater ‘Orca’ Drone Is Running Years Late

Boeing Co. is expected to deliver Orca –an underwater drone the size of a subway car that’s envisioned to lay...
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DP World, Mawani Sign 30-Yr Agreement To Build Logistics Park At Jeddah Islamic Port

DP World and the Saudi Ports Authority (Mawani) today announced the signing of a 30-year agreement with an investment value...
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Giant Cruise Ship’s Maiden Voyage May Be To A Scrapyard

An unfinished mega-liner that was to be one of the world’s biggest cruise ships by capacity is sitting in a...
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Time To Review Your Crew Contracts – Let Us Help

This article provides some guidance to Members regarding crew contracts. We will focus on the scope of P&I cover in...
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Capital Product Partners L.P. Announces The Acquisition Of One LNG Carrier, The Acquisition Of Three 13,278 TEU Container Vessels And The Sale Of Two 8,266 TEU Container Vessels

Capital Product Partners L.P., an international owner of ocean-going vessels, today announced: The acquisition of one 174,000 cubic meter (“cbm”)...
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EU Seeks To Release Ukrainian Grain Stuck Due To Russia’s Sea Blockade

European Union foreign ministers will discuss ways to free millions of tonnes of grain stuck in Ukraine due to Russia’s Black...
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Bulgaria Is Set To Assist Ukraine In Moving Cargo On The Black Sea

Black Sea region logistics was heavily affected after the beginning of the Russian-Ukrainian war and the following blockade of Ukrainian...
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Palau International Ship Registry Ascends PΜoU Flag State Ranks At A Remarkable Rate

The Palau International Ship Registry’s (PISR), the world’s leading digital registry, has registered a significant rise in its ranking within...
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Norway To Endure As Exploration Hotspot In Spite Of Area’s Maturity And Recent Global Events, Says Westwood

Even though the Norwegian Continental Shelf (NCS) is one of the mature areas in regard to petroleum activity, Westwood Global Energy,...
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Congestion At Shanghai Remains Normal, Even As Much Of The City Reimposes Lockdown

Shanghai only re-emerged last week from two months of lockdown, following a rise in Omicron cases in early April. Average...
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MSC Expands Use Of Biofuel Offering Benefits To Customers

MSC, which has been using biofuel where available for its fleet, is planning to expand its use as a transitional...
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