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LMG Marine to Design Ammonia-Fuelled Tanker
Dec 6, 2021 ... Marine subsidiary LMG Marin is set to design an ammonia-fuelled tanker. The firm will design the vessel for Grieg Maritime Group unit Grieg Edge, it said in a statement on its website ...
Biden, Omicron, Cause Longest Weekly Run of Crude Losses since March
Dec 3, 2021 ... the primary gasoline and diesel futures, has plummeted to its lowest level since July 2016, with almost 1 million futures contracts liquidated since mid-October. Christyan Malek, head of EMEA oil ...
Oil Ekes Out Modest Gains After "Genius" OPEC Moderates Output Decision
Dec 2, 2021 ... oil consuming countries last month. Meanwhile, European shares posted their best session in almost six months as investors picked up stocks that were hammered in the past few sessions by ...
ScanOcean Hires Stockholm Bunker Trader From Preem
Nov 30, 2021 ... bunker supplier ScanOcean has hired a new bunker trader in Stockholm from oil producer Preem. Johan Rådh has joined the company as bunker trader in Stockholm as of this month, according ...
Oil Prices Rebound Somewhat After "Overdone" Friday Route
Nov 29, 2021 ... Monday's upswing only dented the calamitous trading of Friday, which saw Brent losing almost $8, and the level of backwardation - a bullish structure indicating tight supply - in the ...
Frontline Still Paying in $300s/mt for Bunker Fuel
Nov 29, 2021 ... G20 Index for VLSFO has been above the $325-365/mt range since November 2020 -- for almost all of the timespan of Frontline's agreement. The company has a further agreement obliging ...
Wallenius Wilhelmsen Hires New CEO
Nov 29, 2021 ... firm Wallenius Wilhelmsen has appointed a new CEO after the departure of the previous one in March. Lasse Kristoffersen, previously president of Torvald Klaveness, will join the firm as ...
ICS Blasts IMO for Failure to Act on New Decarbonization Proposals at MEPC77
Nov 26, 2021 ... of zero emissions ships that are urgently needed at scale to decarbonise our sector. It's almost as if COP 26 never happened," said Platten. "Governments can't keep kicking the can down ...
Oil Rises As Battle Lines Between OPEC and U.S. Are Drawn
Nov 22, 2021 ... barrel. Energy Aspects said in a note, "Flight numbers in Asia outside of China have risen by almost 20 percent from the start of November, as Thailand and Cambodia join the growing list of ...
Autonomous Battery-Powered Container Ship Completes Maiden Voyage
Nov 22, 2021 ... as self-propelled. "On the way to a low-emission society, transport emissions must come down to almost zero," Nils Kristian Nakstad, CEO of Norwegian government enterprise Enova, said in the ...
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JR Shipping Makes Dry Cargo Comeback with Duo Vessel Orders

JR Shipping Makes Dry Cargo Comeback with Duo Vessel Orders

The Dutch shipping firm has ordered two wind-assisted cargo vessels, marking its return to the dry cargo sector.

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Suez Canal Offers 15% Rebate to Lure Back Boxships Amid Red Sea Calm

Suez Canal Offers 15% Rebate to Lure Back Boxships Amid Red Sea Calm

The Suez Canal Authority has announced a 15% rebate on transit dues for container ships of 130,000 tonnes or more.

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