Chinese refineries are battling weak profit margins from the slump in fuel demand. It is caused by lockdowns aimed at containing the coronavirus...

45HC.COM will accept the CXO token as payment for its cargo shipping services. CXO token is the currency that is used as payment...

OPEC+ is on the way to trimming 9.7 million barrels of daily crude output. Oil prices have recovered by 60% in the past...

According to DNV GL principal specialist Gaute Storhaug, Digital twins can help owners, operators and class societies predict the structural performance of ships, says...

Seaspan Ship Management opts for Alfa Laval Aalborg integrated steam solution to support low sulphur compliant fuel usage, says an article published in Seatrade...

The European Union Agency of Cyber Security's report on smart ports and technology, presents the pros and cons of technology in the shipping industry...

In light of these challeging times and difficulties the seafarers are facing, the American P&I Club and Eagle Ocean Marine honor the seafarers...

Petrobras admits some floater projects off Brazil may be postponed, writes Fabio Palmigiani for Upstream. Floating production storage Brazilian oil giant Petrobas has 13 FPSOs...

Good operational performance overtaken by significant fall in financial asset values. This has resulted in a USD 284 million net loss for the...

AMP suspends anchorage fees for 90 days to Panama-flagged vessels above 500g and to foreign-flagged vessels for 60 days. Charges will be applied...