Yearly Archives: 2022
Shipping Giant Acquires Charing Yang Stake, Boosting Holding To 50%
Evergreen Marine Corp (長榮海運) yesterday said that it has acquired a 10 percent stake in Charing Yang Development Co (長陽開發) for NT$450 million (US$14.67...
IMO Regs To Further Stretch Tanker Fleet?
Supply tightness in the global tanker market will likely be exacerbated in 2023 as new environmental regulations incentivize slow steaming and increased demolitions of...
Oil Posts Second Weekly Gain As Russia Warns of Output Cut
Russia may cut crude production by as much as 700,000 barrels
1.8 million barrels of refinery capacity halted in Texas
Oil rallied to a...
Environmental Groups Seek Rehearing of Commonwealth LNG Authorization
Question cumulative impacts to burdened communities
Cite FERC chair to assert lack of 'coherent' approach
Environmental groups are seeking a rehearing of the Federal...
IMO 2023: All You Need To Know About the New Regulation
Following the introduction of sulfur fuel regulations in 2020, the International Maritime Organization (IMO) will launch a new set of rules called IMO 2023...
Tesla Halts Production at Shanghai Plant
Tesla suspended production at its Shanghai plant on Saturday, according to an internal notice and two people with knowledge of the matter.
The...
Algeciras Benefits As Gibraltar 2022 Bunker Calls Head for 12-Year Low
The number of vessels calling at Gibraltar for bunker fuel in 2022 is heading for the lowest annual total in at least 12 years,...
The Top 5 ‘Most Read’ Marine Articles in 2022
Want to see which articles your peers were reading this year? Wartsila lets you catch up with the 5 most-read marine power articles from...
Leaders In International Maritime Transport
A recent news article published Khaleej Times speaks about leaders in global shipping.
World faces continued geopolitical turmoil
As the world faces continued geopolitical turmoil, new...
Major Shocks To Supply Chains In 2022
Top disruptions that shook supply chains in 2022, states a new supply chain dive news source.
Geopolitical conflicts
Geopolitical conflicts, strike threats and weather-related disasters tested...