Maersk Sign A Deal To Build Geothermal District Heating Plant

Innargi, founded by the holding company behind shipping giant Maersk, signed a deal to build a geothermal district heating plant. Geothermal power has...

China Crude Throughput Rises 5% To 14.13 mil b/d in 2021

China's GDP expands 8.1% in 2021, grows 4% in Q4 Crude throughput to rise 454,000 b/d in 2022: Platts Analytics Crude output rises...

LNG Imports Drop After A Rise for 7 Months in A...

South Korea's LNG imports declined for the first time in eight months in December 2021 due largely to higher import prices and the need...

COVID in 89 Cruise Ships, CDC Prompts Investigation

The U.S. Centers for Disease Control and Protection identified 89 cruise ships with COVID-19 cases on Tuesday, nearly all of which have met the...

Nakilat Partners With ABS To Address Decarbonization

Nakilat, has partnered with ABS to develop an industry-leading decarbonization strategy.  The project will ultimately see Nakilat’s vessels receive the ABS Sustain notation. ...

Maritime Piracy Falls To Lowest Level Since 1994

Maritime piracy and armed robbery attacks reached the lowest recorded level since 1994. In 2021, the IMB Piracy Reporting Centre received 132 incidents...

Oil Bulls Begin This Year With An Upward Trend

Oil prices are climbing as inventories drop and demand continues to recover despite Omicron’s fears. With WTI now above $81 and Brent nearing...

Know the 5 Most Important Traits Of Adaptable Leaders

Adaptability is an essential quality for successful leaders. In fact, without it, leaders could remain too rigid and not allow themselves to get ahead...

Singapore Port ‘Reigns Supreme’ Globally

Singapore has retained the number one spot in the Leading Maritime Cities (LMC). The report was conducted by Norwegian classification society DNV and...

Two Rival Players Get Approval for Merger

Maersk Drilling and its rival Noble Corporation announced their intention to merge in November 2021. The Norwegian Competition Authority (NCA) has not raised...