Two-thirds of the respondents in a recent Accelleron survey see a competitive advantage in the use of e-fuels and no fewer than 93% of the 200 participants believe e-fuels will make a decisive contribution to more sustainable shipping...

The installation of four BARTech WindWings on board the 2018-built Newcastlemax bulk carrier, Berge Olympus, is expected to save six tonnes of fuel and close to 20 tonnes of carbon dioxide a day in the carriage of iron ore between Brazil and China...

Mitsui O.S.K. Lines (MOL) and PT MCS Internasional (MCSI) have established PT McMOL Crewing International, a new joint-venture LNG carrier manning company. MCSI is part of PT Humpuss Maritim Internasional Tbk. Group in Indonesia.

Nakilat reports QAR 1,190.2 million net profit for the third quarter of 2023, an increase of 4.8%

The outbreak of new Middle East hostilities drew weakening oil prices to an abrupt halt yesterday as both benchmark crude oils – Brent and West Texas Intermediate – leapt by more than 4%.

Canada-based Seaspan and energy company AES Corp have signed a Memorandum of Understanding (MoU) to collaborate on the development of the LNG Bunkering business.

Unifeeder Group has signed a long-term time-charter agreement for two new methanol-capable container feeder vessels and has an option for additional two similar vessels.

Japanese shipbuilder Tsuneishi Shipbuilding has received an order for four methanol-fuelled 5,900-teu containerships. This is the third order for methanol-fuelled vessels following the KAMSARMAX AEROLINE and TESS66 AEROLINE, and the first order...

An industry alliance involving Chevron Marine Lubricants (CML) and the Global Centre for Maritime Decarbonisation (GCMD) has underlined the significant advances in the use of biofuels in the marine industry.

Energy major, Aramco, has signed definitive agreements to acquire a strategic minority stake in MidOcean Energy - an LNG company formed and managed by investment company EIG, for $500 million. Aramco has the option to increase its shareholding and...