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Rosneft, Lukoil to cut oil exports from Black Sea’s Novo, sources say

MOSCOW: Russia's oil producers Rosneft and Lukoil will sharply cut oil exports from the Black Sea port of Novorossiisk in...
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US ports oppose tariff on China-made cranes

US ports are pushing back against the recently proposed 25 percent tariff on Chinese-made ship-to-shore (STS) cranes, warning that the...
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EU naval mission says it destroyed two drones in Gulf of Aden

The EU naval mission protecting ships crossing the Red Sea said its frigate Psara had destroyed two unmanned aerial vehicles...
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Shipping’s readiness to adopt nuclear is advancing as new technology progresses and stakeholder momentum builds

New nuclear technologies are increasingly being considered and developed for shipping as defence and civil offshore applications underpin the case...
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Essential Marine Management with Asset Care for Smooth Operations

Explore the intricate web of marine asset management with us, where safety, compliance, and operational efficiency converge. From technical prowess...
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Baltic index set for first weekly fall in six

The Baltic Exchange's main sea freight index, which tracks rates for ships ferrying dry bulk commodities, was on way to...
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GIANT TO ENABLE FUTURE CONSTRUCTION METHODOLOGIES AS COMPONENTS GROW

Mammoet has received its first Liebherr LR12500 crane. With a capacity of 2,500t and a 200m hook height, it will...
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NYK-TDG Maritime Academy Holds Commencement Ceremony for 95 Graduates

On July 5, the NYK-TDG Maritime Academy (NTMA), a merchant marine academy jointly operated by NYK and the Transnational Diversified...
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Singapore Maritime Foundation and Pertamina International Shipping Asia Pacific Cooperate to Build Maritime-ready Talent Pool

The Singapore Maritime Foundation (“SMF”) and Pertamina International Shipping Pte Ltd (“Pertamina International Shipping Asia Pacific” or “PIS AP”) signed...
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Chubu Electric mulls 20-vessel CO2 carrier fleet for CCUS project with BP

Japan's Chubu Electric Power Co. is in advanced discussions with BP on a Carbon Capture, Utilization And Storage (CCUS) project...
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ReCAAP ISC Holds Dialogue with Shipping Industry to Discuss Ways to Enhance Incident Reporting in Areas of Concern

The ReCAAP Information Sharing Centre (ISC) held a dialogue with the shipping industry to share the latest situation of piracy...
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INVESTMENT IN LNG CARRIERS WITH LONG-TERM CHARTERS

Ocean Yield AS ("Ocean Yield" or the "Company") is pleased to announce that it has agreed to purchase infrastructure fund...
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Golar LNG signs agreement for 20-year FLNG deployment in Argentina

Golar LNG Ltd. (“Golar”) has entered into definitive agreements with Pan American Energy (“PAE”) for a 20-year deployment of a...
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Nuclear propulsion could transform maritime with more reliable, emissions-free and longer-lived ships

Nuclear power could transform the maritime industry with emissions-free shipping, whilst extending the life cycle of vessels and removing the...
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DNV and project partners conclude no technical barriers to low pressure CO2 ship transport chain

The CO2 Efficient Transport via Ocean (CETO) joint industry project (JiP) concluded recently with the release of a report setting...
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UECC chooses Titan for major liquefied biomethane deliveries

United European Car Carriers (UECC) and Titan Clean Fuels (Titan) are collaborating on a series of major Liquefied Biomethane (LBM)...
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MacGregor electric deck systems prove optimal for bulk carrier operations

The superior efficiency of electric deck systems makes them an increasingly attractive solution for bulk carrier operators amid rising costs...
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Asia Fuel Oil-VLSFO premium dips; Singapore onshore imports rise

Spot premium for Very Low Sulphur Fuel Oil (VLSFO) trended lower in Asia on Thursday as offers for prompt loading...
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WAF-UKC Suezmax market falls to nine-month low amid seasonal decrease in demand

The freight rate for Suezmax voyages loading in West Africa and discharging in the UK-Continent fell to a nine-month low...
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Baltic index hits one-week low on weaker vessel rates

The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, fell to a one-week...
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