Energy.
Lloyd’s Register and MARIC unveil tri-fuel-ready tanker concept designed to navigate fuel uncertainty
Approval in Principle advances LNG, methanol and ammonia-ready tanker design, giving owners the flexibility to leverage multiple fuel pathways. Lloyd's Register and the Marine Design and Research Institute of China have secured Approval in Principle for a new 114,000 DWT product and crude oil tanker designed to accommodate future conversion to LNG, methanol or ammonia. Announced at SMM 2026,…
Trafigura signs 434MW hybrid power purchase agreement with Nadara in Spain
Trafigura, a market leader in the global commodities industry, has signed a 10-year hybrid Power Purchase Agreement with Nadara, a leading Independent Power Producer, covering 434MW of renewable…
Fuel shortages raise concerns over fuel tank levels on car carriers
The conflict in the Middle East and resulting fuel shortages have led to questions within the shipping industry about whether vehicles transported on car carriers can be shipped with larger amounts…
ZESTAs launches Global Liquid Hydrogen Alliance to accelerate Zero-Emission Shipping
The Zero Emissions Ship Technology Association (ZESTAs) today launched the Global Liquid Hydrogen Alliance (Alliance), a new international platform dedicated to advancing pure green hydrogen and…
Damen and Windcat launch Windcat Amsterdam, the first Elevation series CSOV in Europe
Damen and Windcat launch Windcat Amsterdam in Europe. The vessel is the first Elevation series Commissioning Service Operations Vessel to arrive in European waters. The vessel has been developed…
IMCA welcomes DEME Offshore Energy Managing Director Hugo Bouvy as new president
The International Marine Contractors Association has welcomed DEME Offshore Energy Managing Director Hugo Bouvy as its new President. He succeeded Luca Gentili, Head of Asset, Fabrication, and…
Gulf tensions highlight structural challenges in shipping’s energy transition, says Fuelre4m
Rising geopolitical tensions around the Strait of Hormuz are underscoring a critical reality for the global maritime industry. Despite accelerating decarbonisation efforts, the world economy, and…
Fuelsure transparency index 2026: The true cost of bunkering is larger than the industry thinks
Marine fuel is typically bought and sold on a price per ton basis. But price alone does not reflect what bunkering really costs. Consider two suppliers: Supplier A: $600 per ton plus delays,…
Atlantic Shrike achieves 11% fuel reduction with Seaq Energy Storage system
Atlantic Towing Limited has achieved a major milestone in its decarbonization journey with the successful retrofit of the Atlantic Shrike. Equipped with Vard Electro’s SeaQ Energy Storage System, the…
VLSFO pares after recent rebound; Singapore inventories climb
Asia’s spot differential for very low sulphur fuel oil (VLSFO) pared slightly on Thursday, snapping four straight sessions of gains, while onshore inventories climbed in Singapore. Stockpiles…
Corvus Energy battery system powers Latin America’s first electric tugboat
The first electric tugboat in Latin America, the result of a collaboration between the largest towage services operator in the Americas, SAAM, and Chilean national oil company, Enap, is powered by a…
The real cost advantage in Oil and Gas
In a stable market environment, oil and gas operators with strategic procurement and supply chain capabilities typically achieve a cost advantage of 4% to 8% over their peers. But in today's…
Europe gas markets escape hectic LNG summer storage race
European gas traders have faced a stressful race against the clock in recent summers as they have scrambled to refill depleted gas storage facilities ahead of winter. But with demand in Asian…
Oceaneering announces $180 Million of Subsea Robotics contracts with Petrobras
Oceaneering International, Inc. (“Oceaneering”) (NYSE:OII) announced that its Brazilian subsidiary, Marine Production Systems do Brasil LTDA (“MPS”), was awarded multiple Subsea Robotics contracts…
Snapper Creek Energy launches Global Freight Brokerage Desk in Oslo, led by Veteran Shipping Executive Steffen Andersen
Snapper Creek Continues to Build Out Its Global Platform with Addition of International Freight Brokerage Desk Follows Recent Launches of Power Brokerage Desk and Advisory Group Snapper Creek…
NatPower to Build UK’s largest battery storage project on Sembcorp Utilities’ Wilton International Site
£1bn privately funded investment — no subsidies or government contracts required. One of the UK’s largest long-duration battery storage systems, 1GW / 8GWh, in phases. First UK project to combine…
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