BW Energy has kicked off its 2021 Gabon drilling campaign with the spudding of the Hibiscus Extension well on the Dussafu Marin Permit. Panoro Energy, a partner in the permit, said on Monday that the Hibiscus Extension well would be followed by drilling at Tortue and...

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The maritime industry is looking into the possibility of making shipping emissions-free with the help of the fertilizer raw material ammonia. The new technology is being tested, and if the researchers succeed, the bonus will be increased profitability and more space...

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The recent trend of major ports taking a rising share of the bunker fuel market at the expense of smaller ports may be set to accelerate amid the increasing diversification in offerings. “For buyers, that is driven by the quality of fuels [from] these key hubs and the...

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VLCC It has been a marginally better week for owners all round. In the Middle East Gulf the market for 280,000mt to US Gulf trip (routing via Cape/Cape) is assessed now half a point higher at WS18.75 plus, while rates for 270,000mt to China have gained 3.5 points to...

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Evergreen Marine Corp. is considering removing thousands of containers from its Ever Given ship to get the goods moving to their final destinations after an Egyptian court seized the giant cargo ship over a compensation feud. “Customers are asking when their boxes...

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