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Peru Sues Repsol For $4.5B For Liabilities For January 2022 Oil Spill

Peru filed a civil suit again Repsol and others for liabilities in the January 2022 oil spill off its coast...
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CSSC Jiangnan Delivers First Post-Lockdown Vessel

CSSC Jiangnan Shipyard delivered the VLEC Pacific Ineos Grenadier, to PACIFIC GAS, the first vessel the yard has delivered since...
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TotalEnergies Launches Drone-Based Detection Campaign For Methane Emissions Across Oil & Gas Assets

French energy giant TotalEnergies is working to reduce methane emissions from its operations through a drone-based detection campaign across all its operated...
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HMM Launches Tianjin Sea-Rail Combined Transportation Service

South Korea-based ocean carrier HMM announced the opnening of Tianjin sea-rail combined transportation services. The new service will provide a...
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ITF: Seafarers Win New Connectivity Guarantees In MLC

In the latest meeting of the Maritime Labor Convention's Special Tripartite Committee (STC), delegates agreed to create a right to...
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Japan Coast Guard Airlifts Crew After Cargo Ship Lists

A smaller domestic cargo ship reported to the Japan Coast Guard that its cargo had shifted causing the vessel to...
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Shell Joins Exxon In Losing Brazil Bet

Expensive offshore exploration setbacks for international oil majors including Shell Plc and Exxon Mobil Corp. are throwing cold water on...
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Scrubber Premium Widens To Cover Opex

In the year to date, scrubber-fitted VLCCs have earned about $11,000 more per day on the spot market compared with...
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Brazil To Sign Agreement With 10 Countries To Speed Up Customs Clearance

Brazil will sign an agreement with ten countries on 19 May to establish a faster clearance procedure for imported and...
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EU Helps Ukrainian Grain Exports Get Around Russia’s Naval Blockade

In order to blunt the effects of the Russian blockade of Ukraine's Black Sea coast, the European Commission is taking...
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IEA Expects Oil Market To Fend Off An Acute Supply Deficit From Russian Oil Absence

Highlights• World oil demand growth is forecast to slow to 1.9 mb/d in 2Q22 from 4.4 mb/d in 1Q22 and...
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Supporting Kenya To develop National Maritime Security Risk Register

Identifying emerging threats to maritime security is key in developing the right tools to ensure sound maritime security governance. To address...
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Cadeler Adds Jack-Up Foundation Installation Vessel At Cosco

Cadeler has signed a $345m contract with Cosco Shipping Heavy Industries for a construction of a jack-up foundation installation vessel....
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Bureau Veritas Approves EODev’s Electro-Hydrogen Power Solutions For The Maritime Industry

Bureau Veritas (BV), a world leader in testing, inspection, and certification, recently approved the second generation of the REXH2® developed...
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Supporting Port Security In Madagascar

Strengthening port security is the focus of a five-day workshop (9-13 May) in Antananarivo, Madagascar. IMO officials are assisting the...
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CMA CGM Will Pay US Shippers Incentives For Early Container Returns

CMA CGM Group is implementing the shipping industry’s first early container return incentive program focusing on the Port of Los...
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OPEC Revises Oil Demand Growth Downwards

Crude Oil Price Movements Crude oil spot prices dropped in April after three-consecutive months of rises. The OPEC Reference Basket...
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DP World Reduces Emissions At Chile Terminals

DP World Chile has managed to reduce emissions at its San Antonio and Lirquén port terminals by 50% and 30%,...
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ICS And Suez Canal Authority Step Up Dialogue On Tolls And Decarbonisation

The International Chamber of Shipping (ICS) and the Suez Canal Authority (SCA) have formalised dialogue with the signing of an...
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Norway Sets New Offshore Wind Target, Plans Green Electricity Exports

Norway’s Government has thrown its weight behind a drive to boost the offshore wind sector, laying down a target of...
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