Weight of Freight: A Year of Change
The Russia-Ukraine conflict and subsequent US and European embargoes have lengthened oil supply chains, straining the capacity of the global tanker fleet, reports Argus...
Fundamental Change In Natural Gas Markets By War, Says Chevron CEO
The global natural gas market has been more fundamentally changed for the long term than the oil market by Russia's invasion of Ukraine, Chevron...
Strengthening Singapore as a Hub Port and International Maritime Centre
(A) Achieving better efficiency, safety, and productivity through technology
Progress of Tuas Port after its official opening in September 2022
1. When completed in the 2040s, Tuas...
Critical Year Ahead For Shipping Emissions Regulator
The IMO may finally be moving closer to a zero-carbon future, with more shipping nations backing stronger targets and a global carbon price. Giant...
HAV Hydrogen Obtains DNV Approval in Principle For Containerized H2 System
Six months after announcing its plans to launch a deck-based containerized hydrogen (H2) energy systems for ships, HAV Group ASA’s subsidiary HAV Hydrogen today...
Europe’s Fourth-Fastest-Growing Business is Air Lubrication Firm Silverstream
Silverstream Technologies, a provider of air lubrication, has been ranked as the fourth-fastest-growing company in Europe in a recent Financial Times analysis, as reported...
Spain Is Continually Turning Off Significant Amounts Of Russian Oil
Only a few miles off the coast of Spain, massive amounts of Russian oil are still being moved between tankers, just a few weeks...
Tanker Freight Charges Are Expected To Rise Quickly
According to the maritime group Bimco, freight prices for petroleum and goods will increase quickly in 2023 and 2024, mirroring the spike in rates...
Crude Tanker ‘Cannibals’ Are Increasingly Prevalent, Why?
For the past year, the conflict between Ukraine and Russia has diverted crude tanker traffic, increasing shipowner profits. But the benefits are not distributed...
Baltic Shipwreck Reveals 500-year-Old Well Preserved Spices !
Archaeologists say they have uncovered a "unique" cache of well-preserved spices, from strands of saffron to peppercorns and ginger, on the wreck of a...