Decarbonisation is the need of the hour. It can be achieved by using alternative fuels or focusing on renewable energy sources. Leading companies in the marine insurance industry have joined an initiative linking their...

Protection and Indemnity (P&I) insurance is named risk liability insurance and cover terms are found in the P&I Rules for ships entered in the Association. Liabilities with respect to crew illness are covered...

3D Metalforge has finalized testing of a set of functional additive manufactured parts onboard the Polar Endeavour crude oil tanker. The pioneering project started in February when the parts were manufactured and subject...

Six of the world’s leading marine insurers, supported by a drafting committee which includes Lloyd’s Register (LR), have launched a ground-breaking initiative to provide transparency on carbon emissions. Founding Signatories include Swiss Re,...

Japan's LNG stocks held by major power utilities rose 8.7% to 2.37 million mt Dec. 12 from 2.18 million mt the week before, the Ministry of Economy, Trade and Industry said Dec. 15, says...

NFE North Trading, a unit of U.S. gas-to-power developer New Fortress Energy, has signed a deal with LNG exporter Cheniere Energy for a six-year supply of LNG, says an article published in Offshore Energy. About...

The tragic incidents in Tianjin and Beirut have marked a decade of increased concern over the safety of dangerous goods stored in ports, terminals and other warehousing facilities. ICHCA and three other industry groups have...

Moving towards the end of 2021, the ship repair sector ends up unfortunately with the same uncertainty we had while ending the previous year. Of course, the market is more familiar with the raising...

Markets remain tentatively poised this week, as days of constant reversals have left most end buyers without any motivation or appetite to acquire units at yesterday’s levels. India has been the most affected by the...

According to Maritime and Port Authority of Singapore (MPA) data, marine fuel sales at Singapore port decreased by 1.0 % on year during November 2021, reports Manifold times. Marine fuels sale In total, 4.22 million metric...