Van Oord awarded contract for nature restoration projects in the Netherlands
Van Oord is to construct nature-friendly embankments along Lake Kleine…
Next wave of LNG supply delayed to 2027 due to project hold-ups, TotalEnergies says
The next wave of liquefied natural gas (LNG) supply will come online from…
Don’t get too excited about China’s growing natural gas use
China has boosted imports of liquefied natural gas (LNG) this year to the…
Asia Fuel Oil-VLSFO premium treks higher but capped by supply uptick
Spot premium for 0.5% low sulphur fuel oil (VLSFO) continued to trek higher on…
CNOOC brings On-stream Xijiang 30-2 Oilfield Xijiang 30-1 Block development project
On October 22, CNOOC Limited announced that Xijiang 30-2 Oilfield Xijiang 30-1…
AERKOMM expands presence in Asia through new partnership with Eutelsat's OneWeb LEO Services
AERKOMM, a pioneering U.S.-based satellite communication technology company, is…
ETL acquires SpacePath Communications to strengthen Global Satellite Communications Offerings
ETL Systems has announced its acquisition of SpacePath Communications. This…
Kongsberg Maritime secures 800 million NOK contract from Fujian Mawei Shipbuilding in China for 10 Capital Offshore new build Platform Supply Vessels
Kongsberg Maritime will supply an extensive range of equipment for a new fleet…
Honeywell partners with Google to integrate data with generative AI
Honeywell has signed a deal with Google to connect artificial intelligence…
Amasus signs second contract with bound4blue for world’s largest suction sail system on a general cargo vessel
22m eSAIL® will set new wind assisted propulsion system (WAPS) benchmark for…
Exacting new sustainability rules: maritime industry’s time running out
The maritime industry is moving too slowly to come into compliance with…
‘’Age of electricity’ to follow looming fossil fuel peak’’: Analysis or Science Fiction?
In launching its World Energy Outlook 2024 (WEO), the IEA stated that “the…
Egypt set to tender for up to 20 LNG cargoes to cover Q1 2025 demand
Egypt plans to issue a tender seeking up to 20 cargoes of liquefied natural…
South Korean shipbuilder Hanwha Ocean joins GCMD as Strategic Partner
The Global Centre for Maritime Decarbonisation (GCMD) and Hanwha Ocean today…
Asia Fuel Oil-Spot premiums post mild gains after Nov bids inch up
Spot premiums for fuel oil climbed on Monday after bids for November cargoes…
Qatar LNG sales to key Asian markets confronted by US, UAE rivalry
Qatar facing increasing competition from US, UAE Competitors offer flexible…
China’s surplus crude oil hits nearly 1 million bpd for September
The weak position of China’s crude oil sector was underlined by September data…
Norway gas output misses forecast in September
Norway’s combined petroleum output lagged an official forecast by 1.7% in…
Digitalisation is all about eliminating manual pain points, says Procureship Co-Founder
When members of the Procureship team were at a client’s office to present its…
Investing in future ammonia markets
The ordering of more than 50 very large ammonia carriers (VLACs) over the past…
Russia’s oil and gas revenue to leap in October by 52% m/m, Reuters calculations show
Russia’s oil and gas revenue in October is set to jump to 1.17 trillion…
Growing obscurity: LNG shadow fleet expected to expand as sanctions evasion continues
The LNG shadow fleet to move blacklisted Russian LNG is expected to expand…
Confirming the Hamburg Declaration: The world’s largest and most environmentally friendly car carrier calls the Port of Hamburg
Two weeks after signing the Hamburg Declaration on the Decarbonisation of…
Panama strengthens strategic alliances with the maritime sector
As a global leader in ship registration and maritime services, Panama…
PSA Celebrates Groundbreaking for its New Supply Chain Hub,Pioneering an Integrated Logistics Ecosystem in Singapore
PSA Singapore (PSA) has unveiled the PSA Supply Chain Hub @ Tuas (PSCH), a…
Green Corridor between Port of Holyhead and Dublin Port moves one step closer following funding boost
The Green Corridor initiative, a collaboration between the ports of Holyhead…
Plenitude starts construction of a new 220MW solar plant in Villarino de los Aires in Spain
The solar plant, located in Salamanca, is one of the largest in Castilla y León…
Subsea7 awarded contract in the US Gulf of Mexico
Subsea7 announced the award of a sizeable 1 contract for a subsea tieback…
Rockhopper Exploration announced extension of Falkland Islands’ Petroleum Production Licences
Rockhopper Exploration, the oil and gas company with key interests in the North…
The Federal Court of Brasilia annuls the order issued by the Controladoria-Geral da União (‘CGU’) against Saipem SA and Saipem do Brasil
Saipem was pleased to learn that the Federal District Court of Brasilia…
Oil prices are forecast to average $80/bbl in the last quarter of 2024
Key takeaways Since the outbreak of the conflict in Gaza last October, spikes…
Shipping giants reinforce confidence in Gemini alliance service reliability ambitions
The two men leading Hapag-Lloyd and Maersk into the new Gemini Cooperation…
UK blacklists 22 oil and LNG tankers in largest clampdown on shadow fleet
18 oil tankers and 4 LNG tankers added to sanctions list Aims to undermine…
NSU to Install Rotor Sails to Valemax VLOC
NS United Kaiun Kaisha, Ltd. (NSU) and Vale International SA (Vale:) have…
LPG orders at a record high in 2024; will this momentum continue in 2025?
LPG shipping has been facing several headwinds, including an oversupplied…
China, Saudi Arabia top buyers of Russian fuel oil in September, LSEG data shows
China and Saudi Arabia were the top destinations for Russian seaborne fuel oil…
Indian Cargo volume at 12 major ports rises 5% to 413.74 MMT in September
Cargo volume handled by 12 major ports rose by 5.03 per cent to 413.747…
Americas Fuel Availability Outlook
North America VLSFO and LSMGO availability is normal in Houston. Lead times of…
Asia Fuel Oil-Spot premiums stable, margins gain for second week
Spot premiums for fuel oil were little changed on Friday, though refining…
Heightened Egyptian demand in tight market buoys European fuel oil prices
A spike in Egyptian imports of fuel oil used for power generation has…
Singapore fuel oil stockpiles recover for third straight week
Onshore fuel oil stored at key trading hub Singapore recovered for a third…
Tankers carrying Russian LNG drop Arctic routes as winter approaches, data shows
Ships carrying Russian liquefied natural gas (LNG) to Asia are returning to…
Greek shipowners take US$18bn gas gamble: Shipping giants future-proofing portfolios by heavy investment in LNG and LPG
Greek shipowners have spent an unprecedented US$18bn on newbuild gas vessels…
INTERCARGO expresses concern over RightShip's decision to reduce the age limit for Bulk Carriers' vetting inspections
INTERCARGO members have voiced deep concerns regarding RightShip’s recent…
Italy in talks with Google over bases for submarine network in Sicily
Alphabet's Google is in talks with Italy's government over plans to set up base…
Chart of the Week: Dry Bulk Coal Flows - Southeast Asian Countries
This week's focus highlights the growing dependence of Southeast Asian…
Intelligent automation primed for $47 billion revenue by 2030, driven by GenAI, says GlobalData
Intelligent automation goes beyond traditional automation systems by…
Global refinery margins fall to multiyear seasonal lows in September
Refinery margins for petroleum refiners across the world are shrinking,…
Navigating the EU ETS and Fuel EU Maritime Regulations: What You Need to Know for 2025
In 2025, significant legislative changes will impact shipping companies…
China seeks carbon data from ships as trading scheme grows
Authorities in China have started to ask some overseas shipowners to report on…
Middle East conflict could drive oil prices to $200: analysts warn
A press report has concluded that the intensification of conflict and tensions…
World Sustainability Foundation reveals alarming impact of ship-whale collisions
The World Sustainability Foundation today presents the results of a major…
Russian oil trade is rising with record crude volumes on ‘dark fleet’ vessels despite sanctions, price cap
Recent data shows the discount on Russian oil narrowing and exports increasing…
Oil plunges 4% as Iran supply disruption concerns ease, demand outlook weakens
Oil prices tumbled more than 4% to a near two-week low on Tuesday due to a…
Singapore marine fuel sales down for second month in Sept, though biofuels climb
Sales of marine bunker fuel at Singapore eased for a second consecutive month…
Revolutionising Maritime Healthcare: An exclusive interview with Ronald Spithout of OneHealth by VIKAND
Interview between Adonis Violaris of CSN and Ronald Spithout, Managing…
Regional sulphur emission limits at a glance
From time to time Members and clients contact Gard and ask for advice when a…
Fewer tankers transit the Red Sea in 2024
The amount of crude oil and oil products flowing through the Bab el-Mandeb,…
Eni aims to boost contracted LNG portfolio to 18 MMt/year, double shipping fleet
Shifting focus to Asia with demand growth, new output from Indonesia To take…
Logistics giant DP World to boost UK trade with £1bn expansion of London Gateway
Global logistics giant DP World has today announced a £1bn expansion of London…
Egypt’s Suez Canal cuts transit, mooring fees for Red Sea yachts
Egypt’s Suez Canal Authority (SCA) announced Saturday a 20-50 percent…
NES wins contract from Green Yard Kleven
Norwegian Electric Systems AS (NES) has been contracted by Green Yard Kleven…
OPEC cuts 2024, 2025 global oil demand growth view again
Crude Oil Price Movements In September, the OPEC Reference Basket (ORB) value…
US expands sanctions to Iran’s ‘ghost fleet’ of oil tankers
The United States expanded sanctions against Iran’s petroleum and…
Head of international shipping regulator says industry must do more to cut carbon pollution
For years, the international shipping industry has been criticized for making…
Anthony Veder pioneers wind-assisted propulsion on gas carrier
Anthony Veder proudly announces the launch of two VentoFoils sails onboard of…
LNG shipping battles fleet expansion, but rates to revive from 2026-27
Drewry expects 66 LNG carriers (LNGCs) to join the fleet this year, while 94…
A close eye on Iranian oil flows to China amid heightened geopolitical risks
China’s seaborne crude imports fell from August’s year-to-date high to 9.7 mbd…
Wan Hai Lines implements biofuel usage, making a significant step towards carbon reduction goals
Wan Hai Lines is committed to environmental protection, has been upgrading…
Former Panama Canal administrator reflects on sovereignty milestone, national growth
Jorge Luis Quijano, former Panama Canal administrator from 2012 to 2019,…
VLCCs softened last week
Clean LR2 LR’s in the MEG held steadfast this week. TC1 plateaued at WS115…
UAE to partner with Mitsubishi Heavy Industries again for next Emirati national mission
-- UAE Space Agency partners with Mitsubishi Heavy Industries for the launch…
Important milestone for the green hydrogen economy: Quest One and MAN Energy Solutions open new gigahub
German Federal Chancellor Olaf Scholz inaugurated the most modern production…
Algeria’s gas market outlook: 5 key takeaways
Algeria’s sales gas production has increased by 25% over the last four years,…
Asian spot LNG slips on tepid demand, ample supply
Asian spot liquefied natural gas (LNG) slightly slipped this week as demand…
Oil prices may climb higher amid risk of Middle East supply disruptions
Oil prices jumped last week after Iran struck Israel in a missile attack,…
SpaceX uses dominance in rocket launches to boost Starlink, WSJ reports
SpaceX has used its dominant position as the primary rocket launcher to push…
Royal Caribbean restarts cruises visiting Labadee
After six months on pause, Royal Caribbean is now cruising to Labadee, Haiti…
Charting a course for Excellence: An insightful interview with Andreas Ioannou of EPSCO Group
Interview between Adonis Violaris of CSN and Andreas Ioannou, owner and…
The powerful lady of Greek shipping, Athena Martinou, has passed away
The funeral service for Athena (Nounou) Martinou, who passed away on Friday,…
Rio Tinto goes all in on lithium with $6.7 billion Arcadium buy
Rio Tinto has agreed to buy U.S. based Arcadium Lithium for $6.7 billion, it…
US plan to break up Google's search dominance threatens profit engine, AI growth
The U.S. Department of Justice's proposed remedies to break up Google's search…
Modelling the policy impacts on emissions strategies, fuels and future costs
Achieving targets for maritime decarbonization relies on a complex mix of…
Singapore and Shandong Ink Agreement for Green and Digital Shipping Corridor
The Maritime and Port Authority of Singapore (MPA) and the People’s Republic…
IAPH Clean Marine Fuels Working Group finalises industry standard bunker operations audit toolkit for current and future
The first version of the fuel-agnostic Bunker Operations Audit tool has been…
Trader Vitol sells Venezuelan oil to Indian refiners, trade sources say
Two Indian state refiners have bought 2 million barrels of Venezuelan crude…
What lessons can be learnt from LNG’s rise and fall in Norway and where are the sweet spots for adoption of zero-emission
New research from UCL Shipping and Oceans Research Group highlights the…
Singapore top marine fuel supplier Equatorial expands fleet
Singapore’s largest bunker fuel supplier Equatorial Marine Fuel is expanding…
Marine fuel additives reduce emissions and enhance engine efficiency: World Fuel Services new white paper
World Fuel Services, A World Kinect (NYSE: WKC) Company, (World Fuel) has…
ORBCOMM joins Move to -15°C coalition to promote cold chain sustainability
ORBCOMM partners with industry stakeholders to accelerate climate action and…
Want to set a world record? MSC Cruises extends thrilling Guinness World Records™ entertainment to all its fleet
MSC Cruises thrilling GUINNESS WORLD RECORDS entertainment programme is now…
CSN is calling for dynamic Speakers, Panelists and Sponsors to join the Annual CSN Cyprus and Greece ICT Conferences 2024
CSN is calling for dynamic Speakers, Panelists and Sponsors to join the Annual…
Turkey, Brazil are main buyers of Russian seaborne diesel after EU embargo
Turkey and Brazil have been the main importers of Russian seaborne diesel and…
Indonesia’s Pertamina seeks more 1.6 mln bbls gasoil for Oct, sources say
Indonesia’s Pertamina is seeking for more 1.6 million barrels of high sulphur…
QatarEnergy signs 20-year naphtha supply deal with Shell
QatarEnergy has entered into a long-term naphtha supply agreement with Shell…
Ukrainian Foreign Minister denounces Russian 'terrorist' attacks on shipping
Ukrainian Foreign Minister Andrii Sybiha on Monday denounced Russian missile…
Europe & Africa Fuel Availability Outlook by ENGINE
Prompt supply is tight in the ARA HSFO is tight in Las Palmas Prompt VLSFO is…
Alfa Laval to supply first systems for ammonia-fuelled marine vessels by end of 2025
Alfa Laval is working hard on the task of decarbonizing the marine industry to…
Peninsula expands physical supply operations in the UAE
Global marine fuel supplier Peninsula has announced physical supply operations…