Spanish Company Look Into New Fuel For Maritime Decarbonisation

Repsol and Navantia have signed a collaboration agreement to develop solutions for maritime transport decarbonisation. The collaboration will focus on the evaluation of the performance of the low carbon footprint liquid fuels to...

Biden Sanctions Spare Russia’s Energy Sector, Why?

President Joe Biden and his European allies could take one move to strike at the heart of Russian President Vladimir Putin’s regime and its wealth: Imposing direct sanctions on Russia’s oil and gas industry,...

Wärtsilä To Support Viking Line’s New Climate-smart Vessel

The technology group Wärtsilä will provide technical management for a broad scope of solutions installed on Viking Line’s new climate-smart vessel Viking Glory under a three-year contract. The agreement was signed in December 2021,...

Global Shipping Shuns Russian Services

Global shipping is not waiting for sanctions, it’s refusing to move Russian cargo, reports FreightWaves. Russian bookings suspended temporarily In September 2019, the U.S. sanctioned tanker company Cosco Dalian, a division of Chinese shipping giant Cosco,...

Burning ‘Ghost’ Ship Sinks With Supercars worth £120m

Hundreds of supercars worth up to £120million are at the bottom of the ocean today after a burning transporter ship sank in the Atlantic Ocean. The Felicity Ace, which was taking the flash...

ExxonMobil Ditches Russian Projects

A recent news article published in the Offshore Energy states that ExxonMobil joins other majors in ditching Russian projects and investments. Exiting position Following the footsteps of the European energy giants like BP, Shell, and Equinor,...

Eco-friendly Dual-fuel LPG Carrier Delivered By Kawasaki

A recent news article published in the Offshore news states that Kawasaki delivers eco-friendly dual-fuel LPG carrier. Delivery of Calluna Gas Japanese shipbuilder Kawasaki Heavy Industries (KHI) has delivered Calluna Gas, a liquefied petroleum gas (LPG)...

Russia-UK Trade Disruptions By British Ports Closure

An Offshore news source states that $23B of Russia to UK trade to be disrupted by British ports closure to Russian ships. Russian exports to the UK £17 billion ($23 billion) of annual Russian exports to...

Utoc Corporation Successfully Acquired By MOL

A recent news article published in the MOL states that MOL Completes Acquisition of Utoc Corporation. 100% acquisition of Utoc Corporation TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Takeshi Hashimoto) today announced the completion of...

Welsh Port Allows Entry To Russian Cargo Ship

  The boss of a Welsh port has defended allowing entry to a Russian cargo ship despite Russia invading Ukraine. Mike Ryan, the Harbourmaster of Milford Haven port in Pembrokeshire said he does not...