GTT’s Three-tank Concept Gets AIP from Lloyd’s Register

GTT and Samsung Heavy Industries (SHI) have received an Approval in Principle (AiP) from Lloyd’s Register for the application of a new design of LNG Carrier...

Vitol Expects Asia-Driven Oil Demand Growth in Second Half Of Year

Oil demand is set to pick up in the second half of the year with as much as 2 million barrels per day (bpd)...

661 Containers Lost At Sea In 2022 Indicates Report

  The World Shipping Council (WSC) has released its annual report on containers lost at sea, revealing positive developments in container safety within the international...

Challenging Road Ahead For Retrofitting To Dual-Fuel Engines

The maritime industry’s decarbonization goals are multi-pronged and complex. A collaboration between DNV and engine designer MAN Energy Solutions examines how retrofitting the existing...

WSC Reports The Lowest Container Losses on Record

The number of containers lost overboard in 2022 is 661, the World Shipping Council (WSC) said in its annual report on containers lost at...

Navigating Sustainability in the Logistics Industry

Climate change is escalating and causing severe disruptions worldwide due to the increasing emissions from various sources such as vehicles, factories, farms, and more....

Shipping Giant Adds Colombo Call As Sri Lanka Repairs Unrest Damage

Wan Hai Lines has added a call at Colombo, Sri Lanka, to its Asia-US East Coast service. On 16 May, the newly built 13,000...

OSM Thome Merger Receives Official Approval!

The merger of OSM Maritime Group and Thome Group has been approved by the relevant competition authorities. The merged company, OSM Thome, is a...

Quebec Government Investing In Development Of St. Lawrence Smart Corridor

The environmental certification programme Green Marine has reported that four of its members have received funding from the Quebec government for their intelligent marine...

Oil Prices Edge Up By 1% Amid Surging Demand And Shrinking Supply

Oil prices edged up 1% on Monday with a rise in U.S. gasoline futures and forecasts for oil demand to rise in the second...