Yearly Archives: 2024

Ammonia Marine Fuel Switch May Cause New Issues, Warns Study

Switching to ammonia as a marine fuel, with the goal of decarbonization, can instead create entirely new problems, a recent study found. As...

BIMCO Issues Revised Guidance For Navigating Southern Red Sea

Industry associations have revised the security guidance applicable to navigating in the Southern Red Sea and Gulf of Aden. This guidance is issued...

Red Sea Crisis Is Urging Global Oil Buyers To Go Local

Attacks in waterway leading to major changes in energy flows. Pivot toward logistically easier cargoes makes sense: Kpler The global oil market is looking...

Lessons Learned: Fall From Height

An able body seaman (AB) fell from a grab on one of the ship’s cranes on board the bulk carrier Zealand Rotterdam. The...

Sailors’ Society Launches Crisis Appeal To Help Seafarers At Red Sea

Crisis responders from Sailors’ Society are currently seeking financial support for their efforts in assisting seafarers affected by the Red Sea conflict. Crisis appeal In January,...

LNG Shipping Stocks: Moving In A Range

Last week, the UP World LNG Shipping Index (UPI) lost 2.92 points or 1.77%, closing at 163.28 points. This index tracks the performance of...

Tanker Market Stepping Back?

Despite a partial lifting of sanctions against Venezuela in October last year, the US is now set to reimpose sanctions on the country’s oil...

Samsung Heavy Industries Wins A $3.4B Deal For LNG Newbuilds

Samsung Heavy Industries scored a 4.57 trillion won ($3.43 billion) order with a Middle Eastern shipowner to build 15 liquefied natural gas carriers. ...

Port Of Barcelona Sets LNG Bunkering Milestone

The Port of Barcelona has performed a total of 199 liquefied natural gas (LNG) bunkering operations to ships for a total of 143,000...

Matson’s Kaimana Hila LNG Retrofit: Partnership With COSCO Shipping Nantong

Matson, a U.S. shipowner, has signed a contract with Chinese shipbuilder COSCO Shipping Shipyard (Nantong) for integrating an LNG dual-fuel gas supply system...
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