LATEST ARTICLES

The World’s Largest Cargo Ship Makes Impressive Arrival In Britain

Britain’s largest and busiest container port, the Port of Felixstowe, witnessed a remarkable event as the MSC Loreto, one of the world’s joint-largest cargo ships, docked at its shores. Spanning an impressive 400 meters...

New Program Focuses On Ammonia Fuel Safety

Ammonia is gaining traction as a potential clean fuel for the future, with the first ammonia-powered vessels expected to debut as early as 2025. In response to this emerging trend, Ocean Technologies Group (OTG)...

CO2 Storage Licenses In English Channel Up For Grabs

UK regulator North Sea Transition Authority (NSTA) has launched a competitive process inviting applications for CO2 appraisal and storage licenses in an area of the English Channel.Exclusive rights  The licenses, for which the competitive process...

Maersk Q1 Results: Meeting Expectations Amid Red Sea Disruptions

A.P. Moller - Maersk (Maersk) reported first-quarter results in line with expectations, showing a robust recovery in earnings compared to the previous quarter. The performance was attributed to strong demand and ongoing disruptions...

Addressing The Threat Of Dark Fleet Tankers

The International Oil Pollution Compensation (IOPC) Funds convened in London to confront the escalating danger posed by "dark fleet" tankers, a concerning phenomenon in maritime operations. These vessels, often older ships, operate without...

Tanker Market Outlook: Balancing Optimism And Challenges

In the analysis of the tanker market outlook, various factors are scrutinized to offer stakeholders a comprehensive understanding of industry dynamics. The interplay between oil demand growth and tanker fleet expansion sets the...

Charting Legal Waters: The Journey Of Maritime Autonomous Surface Ships (MASS)

The International Maritime Organization (IMO) Legal Committee (LEG) recently convened its 111th session from April 22 to 26, 2024, during which a roadmap for addressing legal issues concerning Maritime Autonomous Surface Ships (MASS)...

Rushing To Decarbonize: The Shipping Industry’s Exploration Of Alternative Fuels

The shipping industry, responsible for approximately two percent of global greenhouse gas emissions, is under pressure to decarbonize. Heavy fuel oil (HFO), traditionally used to power commercial ships, is being phased out due...

Orient Express’ Sail-Assisted Cruise Ships Enhance Propulsion System

Chantiers de l’Atlantique, in collaboration with Orient Express Silenseas, is developing two of the world's largest sailing ships, featuring sail-assisted technology. The addition of a Brunvoll propulsion system further enhances the efficiency and...

Trafigura Inks Newbuild Contract For Ammonia-Powered Gas Carriers

Commodities giant Trafigura has contracted four ammonia dual-fuel midsize gas carriers at HD Hyundai Mipo Dockyard in South Korea. The vessels will carry LPG or ammonia, with the first delivery due in 2027.Singapore-based...