Scaling AI for maximum impact in oil and gas
The energy industry has embraced artificial intelligence (AI) as a lever for…
How wind tech could help decarbonise cargo shipping
Inhabitants of the Marshall Islands—a chain of coral atolls in the center of…
Saipem and AVEVA sign a MoU to develop AI solutions for engineering in the energy and infrastructure sector
Saipem and AVEVA are partnering to develop cutting-edge AI-driven solutions to…
Outcome report of the 5th CSN Cyprus Shipping ICT Conference “Navigating the Future with AI-Powered Maritime Digital Technologies” 27 November 2024
The Transformative Power of AI-Powered Maritime Digital Technologies The…
‘Green’ ferry emits more CO2 than old diesel ship
The carbon footprint of a long-delayed new “green” ferry will be far larger…
Maximising fuel efficiency across different sailing phases
Understanding varying fuel consumption patterns Different sailing phases –…
Apple to pay $95 million to settle Siri privacy lawsuit
Apple, opens new tab agreed to pay $95 million in cash to settle a proposed…
Euroseas announces Time Charter for its older containership, M/V Aegean Express, and Spin- off of its older three vessels into a separate company
Euroseas , an owner and operator of container carrier vessels and provider of…
AD Ports Group Closes 2024 with Strong Growth, Solidifying its Position as a Leading, Integrated Trade and Logistics Group
AD Ports Group (ADX: ADPORTS) has solidified its position as a leading…
20 months’ pay in year-end bonus for staff at Taiwan shipping giant Evergreen
A Taiwanese company that is known for giving employees big bonuses has done it…
Overcapacity and uncertain petchem recovery cloud LPG Shipping
The VLGC market will navigate a complex landscape in 2025, shaped by a mix of…
Union dockworkers, ports to resume negotiations ahead of 15 Jan deadline
Union dockworkers and representatives for US Gulf and East Coast ports are…
Clarksons: Shipping emissions back at pre-covid levels, expected to have risen by 4% in 2024
Clarksons Research have released their latest Green Technology Tracker,…
Berge Bulk & BHP launch Iron Ore Voyages using 100% Biodiesel
Berge Bulk and BHP have joined forces to pioneer an Iron Ore Voyage from…
Strategic Marine celebrates signing and delivery of first surface effect ship (SES) to AES
Strategic Marine is proud to announce the signing and delivery of its first…
HD KSOE set to deliver 139 ships this year, including 26 LNG and 14 LPG Carriers
Focus on eco-friendly, high-value-added ships reflects shift towards…
South Korea's shipbuilding market share drops amidst China's surge
From 33% in 2020 to 10% last year, South Korea's decline calls for urgent…
U.S. LNG exports soar in December, lifting full-year growth by 4.5%
U.S. LNG exports reached near record levels in December, rising to 8.5 million…
EU should cap gas prices at 60 euros per megawatt hour, Italy says
The European Union should extend its emergency cap on gas prices and set a…
China imported record amounts of crude oil in 2023
China, the world's largest importer of crude oil, imported 11.3 million…
Alternative-fuelled ship orders grow 50% in 2024
Shipowners continued to invest for a future of lower emissions in 2024, with…
Ferretti Group signs a supplementary contract for 2025-2027: new measures in support of employees
The agreement provides for economic incentives, work flexibility measures and…
Princess Cruises announces nostalgic Diamond Anniversary voyage celebrating 60 years of sailing
December 2025 Anniversary Cruise to Mexican Riviera to Recreate First-Ever…
DFDS to provide ferry lifeline service to Jersey
DFDS and the government of Jersey have signed a contract for Jersey’s ferry…
SAVE THE DATE for the 2nd CSN Cyprus Shipping Debate - “Bridging the energy gap: Charting the path to sustainable fuel decarbonisation and achieving zero emissions in shipping” Limassol 23 January 2025
2nd CSN Cyprus Shipping Debate - “Bridging the energy gap: Charting the path to…
Putin orders Russian government and top bank to develop AI cooperation with China
President Vladimir Putin has ordered Russia's government and the country's…
IMO Secretary-General new year message
IMO Secretary-General sets his priorities for 2025 in new year message…
The risks of decarbonised and digitalised shipping
Imagine a harbor in a major maritime conflict. A large container ship sits…
China’s recasting of UCO trade: Minimal impact on chemical shipping
China eliminated the 13% export tax rebate on the popular feedstock for…
Damen Naval signs contract with Nevesbu for Colombian PES Frigate
Damen Naval is pleased to announce the signing of a contract with…
HD Korea Shipbuilding & Offshore Engineering aims for $18.5 Bil. in 2025 orders
Significant increase from last year's target, adjusted for market conditions HD…
Wärtsilä included in the Dow Jones Sustainability Index for ninth consecutive year
Technology group Wärtsilä has been included as an index component of the Dow…
TMC’s energy-saving compressors chosen for methanol-fuelled container vessels
Yangzijiang Shipbuilding Group has awarded a contract to TMC Compressors to…
Saudi Arabia may increase February oil prices for Asia
Top oil exporter Saudi Arabia may raise crude prices for Asian buyers in…
India’s petroleum exports plunge amid weak global demand, Red Sea disruptions
Exports of petroleum products took a hit in November, weighed down by sluggish…
Equinor’s Empire Wind 1 project in the US has now secured a project financing package of over USD 3 billion
Financial close was reached at the end of December 2024. Empire Wind 1…
Brent crude outlook bearish on oversupply, grim oil demand; 2025 average pegged at $74 after hitting $80 in 2024
International crude oil prices fell around three per cent in 2024, slipping…
US crude stocks fall, gasoline and distillate inventories rise – EIA
U.S. crude stocks fell while gasoline and distillate inventories rose in the…
Cruise Industry 2025 Outlook: Navigating toward innovation & sustainability
The cruise industry has often been regarded as a barometer for the broader…
Fraser Statement on the death of Paolo Vitelli
Following the announcement of the death of Azimut|Benetti Group founder Paolo…
Former Shipping Deputy Minister of Cyprus Vassilios Demetriades joins UW Group family
UW Group welcomes Mr. Vassilios Demetriades as its Chief Strategy Officer. Mr.…
North America’s LNG export capacity is on track to more than double by 2028
North America's liquefied natural gas (LNG) export capacity is on track to…
Risk sharing key component to viable emissions reduction
Shipping must be open to sharing the risks associated with emissions reduction…
Bright earnings outlook as vessel speed reduction limits supply expansion
The dry bulk market is poised for an upside in earnings as global and regional…
Suez Canal tests new lane section to boost traffic
The Suez Canal has successfully tested a new lane that allows ships to travel…
LNG shipping stocks: Modest gains despite low trading activity
Last week, the UP World LNG Shipping Index (UPI) outpaced the S&P 500,…
German foreign minister warns of Russian ‘shadow fleet’
Multiple recent incidents involving undersea cables in the Baltic Sea were…
Folk Maritime completes order of 5,600 dry containers
Acquisition includes 4,500 twenty-foot general-purpose containers and 1,100…
Keel laying ceremony for Ulstein Verft's Yard number 323
The CRIST shipyard, Poland, carried out the keel laying ceremony for an ULSTEIN…
HJ Heavy Industries secures design approval for 88,000㎥ Very Large Ammonia Carrier
HJ Heavy Industries announced on Dec. 30 that it has obtained design concept…
Samsung Heavy Industries subcontracts 4 Suezmax Tankers to China due to labour shortages
Samsung Heavy Industries has announced its decision to outsource the…
Weaker natural gas assuming no surprises
European storage draws quicker than expected The European natural gas market…
Asia Fuel Oil: Window activity thin; cautiousness on fundamentals remain
Asia’s fuel oil markets began the week with slow trading momentum, with…
Russia’s 2024 LNG exports up 3%, half going to Europe
Russia’s exports of liquefied natural gas (LNG) increased by 3% in 2024 to…
Out with a bang? MSI puts 2024 tanker orders on course for second highest total
Less favourable tanker market conditions in the coming years are expected to…
Apple seeks to defend Google's billion-dollar payments in search case
Apple, opens new tab has asked to participate in Google's upcoming U.S.…
Starlink to roll out direct-to-cell services in Ukraine
Ukraine's leading mobile operator Kyivstar has signed an agreement with Elon…
Indian Register of Shipping reflects on 2024 and sets ambitious goals for 2025
Indian Register of Shipping (IRS) concludes 2024 with remarkable achievements…
Danish Shipping adopts policy on Biofouling Management
Danish Shipping strongly supports IMO guidelines on biofouling management…
Navigating backwardation: Naphtha market’s recovery arrives early
E/W spread corrects but rising cash diffs keep sustaining MED to Asia…
KOGAS accelerates import of U.S. LNG
Multiple preferred bidders selected: Final contracts expected by June Next……
How the Geopolitical Landscape and Fleet Growth are shaping the Freight Market
The freight market is being shaped by an intricate web of geopolitical…
VARD successfully delivers advanced cable laying vessel to NCT Offshore
VARD, one of the major global designers and shipbuilders of specialized…
McDermott Opens World-Class Welding and Technology Center in Dubai
New Facility Marks Expansion of Middle East Footprint and Enhanced Global…
SeaCube and Greensee launch revolutionary Green Leasing Solutions for Refrigerated Transport
Introducing the E-COOLPAC electric genset -- launched as part of a…
Equinor completes the 10 percent stake of Ørsted
Equinor has completed the acquisition of 10 percent of the shareholding in…
KNOC commences full-scale Drilling at 'Daewang Whale' Project in East Sea
West Capella Rig begins 40-50 day operation to secure Rock Samples for Oil and…
Solstad Offshore ASA – Investment in Omega Subsea
Solstad Subsea Holding , a wholly owned subsidiary of Solstad Offshore ASA, has…
Ready to see what others don’t?
Are you interested in visiting unique places? Searching for your next…
Merry Christmas and a Happy New Year 2025 from the CSN Team
We extend our heartfelt thanks for your continued support and wish you an…
Embracing ship digitalisation: The key to smooth compliance with FuelEU Maritime, CII and EU ETS Regulations
In the rapidly evolving maritime industry, compliance with stringent…
Geopolitical Tensions may increase global oil and gas sector volatility
Significant geopolitical developments, such as military escalation in the…
Sebastian von Hardenberg appointed as new CEO of BSM
Effective 1 January 2025, Ian Beveridge will hand over the executive management…
Prevention at Sea hosts successful first annual forum in Limassol
Prevention at Sea (PAS) held its first Annual Forum at the Four Seasons Hotel…
Monjasa explores LNG bunkering in the UAE
Global top 10 marine fuels supplier, Monjasa, introduces the UAE’s first…
Cypriot Antonia Panayides named one of Lloyd’s List’s Top 10 Maritime Lawyers for 2024
International law firm Reed Smith is pleased to announce that Cypriot, Mrs.…
NYK and ENEOS sign agreement for Sale and Purchase of Marine Fuel with CDR Credits Created Through DACCS
On December 11, Nippon Yusen Kabushiki Kaisha (“NYK”) and ENEOS Corporation…
A Cypriot at the “helm” of the International Chamber of Shipping
The Cyprus Shipping Chamber proudly announces that its Director General, Thomas…
Study finds LNG dual-fuel vessels lowest cost compliance solution to decarbonise shipping
Industry coalition SEA-LNG analysis shows that LNG dual-fuelled vessels provide…
Chevron Australia signs long-term gas supply deal with Alcoa
U.S. oil giant Chevron’s CVX.N Australian unit said on Tuesday it would supply…
Russia’s November seaborne oil product exports up 5.6% on month, Reuters calculations show
Russia’s seaborne oil product exports in November rose 5.6% from a month…
LDPR named Agency of Record for Windstar Cruises
LDPR, a leading travel and lifestyle PR firm based in New York City, is now…
MSC Cruises to remove liquefied natural gas adverts following ‘greenwashing’ complaint to UK advertising watchdog by Opportunity Green
Following a complaint by environmental NGO Opportunity Green in March 2024,…
Ukraine estimates 238 ‘shadow’ tankers shipping sanctioned Russian, Iranian oil
HIGHLIGHTS Tanker fleet aids ‘aggressor’ states in generating oil…
Port operators, manufacturers work to counter supply chain risks ahead of 2025
Port operator PSA Singapore is gearing up for the year ahead with more…
U.S. natural gas consumption reaches new highs driven by the electric power sector
U.S. natural gas consumption grew by 1% to reach a new annual high of 89.4…
Have we left the bottom behind?
Surge in arbitrage margins fuels naphtha market rebound on physical premiums…
Giacomo Calamari to launch new venture in partnership with Signal Maritime
Giacomo Calamari, a distinguished leader with 25 years of experience across all…
The importance of knowing what to bring on a cruise
Packing for a cruise can be daunting, especially if it’s your first time.…
Atlantic Suezmax mini-rally to cool off as the year ends
Suezmax rates from the US Gulf, Guyana, and West Africa to Europe have surged…
Rising trade tensions may affect global chemical demand growth
Rising trade tension risks could exacerbate the global chemical sector's…
Global Gateway: EU and Tanzania sign agreement to improve port performance and enhance trade connectivity
The European Union (EU), together with its partners Enabel, UN-Habitat,…
French shipping major CMA CGM seeks 2025 Singapore biofuel bunker supply
French shipping major CMA CGM is seeking marine biofuel for term delivery in…
President-elect Trump backs union in US Gulf-East Coast ports labor dispute
In a late-Thursday post on social media, President-elect Donald Trump…
Tackling record-breaking carbon emissions doesn’t always mean higher ocean freight spend – here’s why
Total emissions from container shipping in the first 10 months of 2024 are up…
North Sea still to come under pressure; Aramco OSP cuts target China
Commentary summary: - WTI (Afras) and Black Sea crudes look less competitive…
Cyprus Castor Maritime acquires the majority stake in MPC Münchmeyer Petersen Capital AG
Castor Maritime Inc, a diversified global shipping company, announces that on…