Hanwha Ocean Attains Faster Delivery Through Stable Production and Stronger Profits
Hanwha Ocean advanced the delivery of a large gas/ammonia carrier by over four months, reflecting improved yard efficiency.
The production system, which stabilised...
New Restrictions on Iranian Shipping and Financial Transfers Aim to Halt Legal Oil Exports
The United Nations has reinstated wide-ranging sanctions on Iran, initially suspended under the 2015 JCPOA nuclear agreement, after the three European signatories (Britain, France,...
India Launches ‘DCI Dredge Godavari,’ A Major ‘Make in India’ Shipbuilding Milestone
The launch of 'DCI Dredge Godavari' is a significant milestone for India's domestic shipbuilding industry and the 'Make in India' initiative.
India's First High-Capacity 'Make...
VLCC Market Volatility Soars Amid New US Sanctions and China Retaliatory Port Fees
The convergence of new US sanctions on Iran's oil exports and China's retaliatory port fees on US-linked vessels has intensified focus on the Very...
China Gains Pricing Power as BHP Accepts Yuan for Iron Ore Spot Sales
The agreement by BHP to settle around 30% of its spot iron ore sales to China in yuan (RMB) is a significant development that...
Decisive Moment: Will IMO’s NZF Commit to Truly Zero-Emission Wind Energy?
A significant push is underway for the International Maritime Organization (IMO) to formally embed wind propulsion within its proposed Net-Zero Framework (NZF), ahead of...
[Podcast] Maritime Leadership’s Direction and Influence Come Under Review
Reflecting on a Lloyd’s List podcast, Synergy chief executive Jesper Kristensen discusses the seismic shifts occurring in the maritime sector, focusing on what defines...
Crew Safely Rescued After Vessel Flooding Incident In Black Sea
All crew members have been safely rescued following a flooding incident aboard a vessel that took place within Ukraine’s Search and Rescue (SAR) zone....
World’s First Methanol-Powered IMO II Chemical Bunker Tanker Launched
Fratelli Cosulich has marked a groundbreaking milestone in sustainable maritime operations with the launch of Maya Cosulich the world’s first methanol-powered IMO II chemical...
IMO’s Marine Environment Protection Committee To Hold Second Extraordinary Session In London
The International Maritime Organization’s (IMO) Marine Environment Protection Committee (MEPC) is set to convene its 2nd extraordinary session (MEPC/ES.2) from 14 to 17 October...