Russia’s Distressed Exports and Americas’ Structural Growth Drive Global Crude Surge
The global crude market is currently oversupplied due to seasonally high seaborne exports, and the question of which region will slow its growth first...
DNV Issues New Guidance on Site Visits for FuelEU Maritime and...
DNV has issued new guidance on site visit procedures and compliance responsibilities for all vessels falling under the EU Regulations 2023/2917 (EU MRV) and...
Orca AI Launches Co-Captain, The World’s First ‘Waze of the Seas’...
Orca AI, an autonomous maritime navigation platform, has launched Co-Captain, which they describe as the world's first 'Waze of the Seas'. This new function...
US Sanctions Target Iran’s LPG Shadow Fleet Impact And Uncertain Future
The United States recently imposed major sanctions on Iran’s liquefied petroleum gas (LPG) shadow fleet, marking one of its most extensive actions against Iran’s...
European Commission Awards €2.9 Billion To 61 Net-Zero Technology Projects
In a major step toward achieving climate neutrality, the European Commission has announced €2.9 billion in funding for 61 innovative net-zero technology projects across...
ABS And KATS Partner To Advance Global Standards For Smart Ship...
The American Bureau of Shipping (ABS) and the Korean Agency for Technology and Standards (KATS) have signed a memorandum of understanding (MOU) aimed at...
CMA CGM And Edison Conduct Italy’s First LNG Ship-to-Ship Bunkering At...
French container carrier CMA CGM and Italian energy provider Edison have successfully completed Italy’s first liquefied natural gas (LNG) ship-to-ship (STS) bunkering operation at...
World’s Largest Ultra-Low Temperature Refrigerated Cargo Ships “XIN XIANG LI 55”...
China Classification Society (CCS) Zhoushan Office has announced the successful delivery of two 9,000 DWT ultra-low temperature refrigerated cargo ships XIN XIANG LI 55...
ABB To Power Canada’s Polar Max Icebreaker With Advanced Electric Propulsion
ABB has partnered with Helsinki Shipyard to deliver a full electric power and propulsion system for the Polar Max icebreaker, a state-of-the-art vessel designed...
Qatar Energy Expands Fleet with Cutting-Edge LNG Carriers Built by Hudong-Zhonghua
Recently, the naming and delivery ceremony for 174,000 m3 LNG carriers with membrane-type cargo tanks "Mihazem" and "Dongshani" for the Qatar Energy project was held in Hudong-Zhonghua Shipbuilding...
















