The oil markets are in flux today as tanker trades retrench and Russia’s two largest buyers of oil pause buying the fuel that has helped fund Moscow’s war in Ukraine for the past three and a half ...
US investment giant KKR has launched a new container leasing and financing company with half a billion dollars in committed capital, marking its latest move into asset-based maritime investments. The ...
The monthly publication of Clarksons Research’s World Fleet Monitor increasingly shows data that reflects the extraordinary geopolitical challenges and machinations that shipping has to navigate in ...
IOG Wind, formerly known as CWind Taiwan, has announced that it has secured a multi-year operations and maintenance deal on the Hai Long offshore wind project. This is the company’s second long-term ...
US-listed offshore drilling contractor Valaris has secured a series of contract awards and extensions in the UK North Sea, including a new offshore wind support deal with GE Vernova. The latest ...
Japan is well known for its acute demographic timebomb. More than 29% of its population is aged 65 or older — the highest proportion globally — while the birth rate continues to fall, reaching a ...
Danish marine fuels supplier Monjasa has been awarded a contract to supply fuel to NATO forces, strengthening its position among the world’s leading bunker providers. The NATO Support and Procurement ...
US LNG developer Delfin Midstream has awarded South Korean shipbuilder Samsung Heavy Industries a contract for its first floating LNG (FLNG) vessel, marking a key step toward a final investment ...
Shipping historians covering the International Maritime Organisation (IMO) would need to go back more than 40 years to a comparable setback to what played out on Friday and the downing of the Net-Zero ...
Negotiations at the International Maritime Organization (IMO) have broken down without agreement on the Net-Zero Framework, leaving the shipping industry facing another year of uncertainty over how ...
Pakistan National Shipping Corporation (PNSC) has approved the acquisition of three secondhand tankers for about $193m, as part of its drive to double the national fleet to 30 vessels by 2026. The ...
Broking reports list a sizeable order from South Korea’s flagship carrier worth more than $2bn in total. HMM is reported to have ordered 12 LNG dual-fuelled, 14,000 teu containerships on home soil.