In fact, the report estimates that 17% of the current U.S. fleet’s energy demands can be substituted with electrification. There is enormous potential for the U.S. to be a global leader in maritime...

With shipping set to go through a once-in-a-lifetime energy transition and the likely volumes of outdated vessels heading for the scrapheap projected to soar, Asian shipowners have made an urgent call for more countries...

Hyundai Glovis Co., is adding liquefied natural gas (LNG) to its line of shipping category in joint venture with global energy company Woodside Energy, reports Pulse. Long-term contract Hyundai Glovis signed a long-term contract for LNG...

For the future, we're investing in talent and technology as reported by AET. New solutions  We discuss our aim and goal in our commitment to promote new solutions that drive the sector towards net zero in...

The global economy is likely entering a “war-cession,” according to veteran investment strategist David Roche. Roche suggested that evidence from Ukraine of atrocities committed by Russian forces prevents any possibility of a swift...

XE is a combination of the highly transmissible BA.1 and BA.2 Omicron variants and was first detected in the UK in mid-January. The variant has mainly been detected in the UK and now...

Siemens will collaborate with South Korea’s Hyundai shipbuilding group to develop a new computer-aided design (CAD) program that would help shipyards accelerate digital transformation, says an article published on their site. Promoting autonomous shipyard The collaboration...

d’Amico International Shipping's (DIS) subsidiary, d’Amico Tankers, signed a deal with an undisclosed buyer to sell the 2005-built MR product tanker High Priority for $9.2m, says a press release published on their website. About the...

Crude trade volumes are revised down but the distances ships must carry it will increase, leading to a more positive view for carriers,  reports Splash 247. Different perspectives The dynamics of global oil trade flows are...

There was simply no choice, it was only a matter of time before it will begin. Meanwhile, Ukrainian officials said Tuesday that they're investigating unconfirmed reports that the Russian military has used "phosphorus...