Crude Oil Futures Steady To Higher As Supply Concerns Ease After EU Summit

Crude oil futures were steady to higher in midmorning Asian trade March 25 as supply concerns eased after the US and European partners failed to reach an agreement on sanctioning Russian energy, says an...

The Yusen Building Has Switched To Renewable Energy

This switchover is expected to result in an annual reduction of approximately 2,000 tons of CO2. An NYK affiliated company will be able to provide support to tenant companies that wish to report...

Zeebrugge Port Is The Newest SEA-LNG Member

Onsite storage is equal to 9 billion m³ LNG per year. We’re pleased to welcome the innovative Port of Zeebrugge to our coalition. In 2021, nearly one-third of orders for vessel newbuilds, by...

Foreign Ships Stuck in Ukraine Running Low On Supplies

Various organizations were trying to resupply the ships with essentials. The Black Sea … area is covered with mines. Until they are removed it is not possible to sail. Food and medical supplies onboard...

Russian Shipping Firm Struggling To Find Berths

SCF did not immediately respond to a request for comment. No contract can function on the basis of an asset freeze. Classification societies provide services such as checking a ship's seaworthiness, with certification...

Diana Shipping Inc. Announces Sale and Leaseback Deal

Diana Shipping Inc. (NYSE: DSX), (the “Company”), through a separate wholly-owned subsidiary, has entered into a sale and leaseback agreement with an unaffiliated Japanese third party for the 2022 new-building Capesize dry bulk vessel,...

Berthed Container Ship Capsized

Container ship capsized and rested portside on pier at Kolkata port, India, in the morning Mar 24, reports Maritime Bulletin. What happened? The ship is deployed in container service connecting Kolkata and Chittagong, she was about...

Wärtsilä Examines Various Alternatives For A Decarbonized Energy Future

Wärtsilä has published an important paper on the role of sustainable fuels in the energy sector’s transition towards decarbonised power generation. P2X fuels are produced through the electrolysis of water into hydrogen and...

[Watch] NOAA Finds Wreck of a Lost Whaler

NOAA announced the discovery of the wreck of a 200-year-old whaling ship called the Industry, which has been found on the bottom of the Gulf of Mexico. Disclaimer: This video is intended for informational purpose only....

Wärtsilä Inks Service Agreement With Knutsen OAS

Wärtsilä has secured a service contract from Norwegian fleet operator Knutsen for four liquefied natural gas (LNG) carrier vessels, says an artricle published in Ship Technology. The scope of the contract Enhance operational performance The contract involves...