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...

World’s First Super-large LNG Dual-fuel Oil Tanker Delivered By China

A recent news article published in the CGTN states that China delivers world's first super-large LNG dual-fuel oil tanker. World's first Very Large Crude Carrier (VLCC)   China's ship Yuanrui Yang, is the world's first Very Large...

[FAQ] Charter Party Issues Arising Out Of Ukraine Crisis

Sadly, it is now clear that armed conflict has broken out between Ukraine and Russia. Events are fast moving, and it is difficult to have a clear picture of what is happening on the...

Russia Wants Former President; Ukraine Ready To Talk Again

CNBC is continuously publishing live updates about the ongoing Russia-Ukraine War in its website. Mariupol mayor reports mass casualties from nonstop Russian attack The Ukrainian port city of Mariupol is suffering mass casualties and a water...

Operating Dual-Fuel Vessels Takes A Change Of Mindset

Operating dual-fuel vessels takes a change of mindset throughout an organisation. On the supply side, leaking gas pipes in on or the way to machinery spaces could cause catastrophic consequences. The panel agreed...

Shell Continues To Buy Russian Oil and Gas

Shell Plc, Europe’s largest oil company, is continuing to purchase oil and gas from Russia in the wake of the country’s invasion of Ukraine, reports Yahoo Finance. The company is in discussion with governments and...