Over 15,000 Ships Could Be Recycled By 2032!
As recycling volumes increase, it is increasingly important that the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships is...
India Cuts Crude Oil Windfall Tax To Zero
India’s government this week slashed the windfall tax on domestically-produced crude oil to zero, effective May 16, according to a government notification cited by...
South Korea Stretches Container Shipping Links To Russia
South Korea has again widened container shipping links with Russia, the port of Donghae starting a container liner service linking it with far-eastern ports.
Regional...
Shale Steals The Show As Oil & Gas Spending Surges
Rystad Energy: expected investments in fossil fuels in 2022 and 2023 surged by $140 billion.
U.S. shale attracted most of the overall increase...
SPG Logistics Group Expands Its Reach To Southeast And Central Asia
Recently, the ship As Pamela carrying Vietnamese dragon fruit departed from Cat Lai Port in Vietnam and arrived at Qingdao Qianwan United Container Terminal...
EU Agrees on Well-To-Wake GHG Limits To Energy Used on Board Ships from 2025
Classification society DNV on Tuesday (16 May) published a technical and regulatory news titled ‘The EU agrees on well-to-wake GHG limits to energy used...
Product Tanker Surge Shows No Signs Of Slowing
Niklas Bengtsson and Christopher Pålsson of maritime-insight discussed the product tanker market at the recent International Chemical & Product Tanker Conference, reports Riviera.
Product tanker...
Alexander Prokopakis Of Probunkers Takes on New Role
Alexander Prokopakis, the former CEO of LNG bunker supplier Probunkers, has taken on a new job outside of the bunker industry, reports Ship & Bunker.
New...
China’s First Cross Border LNG Shipment Settled In Yuan
The completed offloading of Mraweh ship carrying liquefied natural gas (LNG) from United Arab Emirates (UAE) in South China's Guangdong Province on Tuesday marks...
CoolCo Secures Multi-Year Forward Time Charter Deal
Cool Company (CoolCo) has entered into a new time charter agreement for one of its TFDE vessels, says an article published on Offshore-energy.
Vessel’s current...