The technology group Wärtsilä has signed a Memorandum of Understanding (MOU) with Global Energy Ventures (GEV) of Australia to cooperate on the inclusion of Wärtsilä propulsion systems in GEV’s compressed hydrogen (C-H2) ships. The cooperation aims at advancing GEV’s...

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After a year of seafarer mistreatment by governments and ineffective lobbying on their behalf by the shipping industry, stronger action is now needed as the industry marks Day of the Seafarer 2021 on June 25, according to Captain Rajesh Unni, Founder and CEO of...

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In their latest project update, the officials introduced plans to extend working hours on the beach during December in order to suit the low tides, starting at 6am and ending at 9pm. “We also plan to work at weekends where low tide times are suitable,” the update...

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CNOOC Limited has started production from China’s first offshore large-sized independent deepwater gas field, Lingshui 17-2 gas field. The Lingshui 17-2 gas field is located in the Qiongdongnan Basin, in the South China Sea with water depth of approximately 1,560...

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Afurther reduction of the overall loans towards Greek shipping companies is the main conclusion from the latest annual review of ship finance for shipping, conducted by Petrofin Research©. Highlight points of this year’s results for Greek ship finance are as follows:...

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