Offshore construction for the world’s largest offshore wind farm has commenced marking a significant milestone for the development of the Dogger Bank Wind Farm located off the northeast coast of England. Two years after work began on the project, the installation of...

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Just under 500 seafarers remain sheltered awaiting evacuation onboard 109 ships at Ukrainian ports in the Black Sea and the Sea of Azov, down from 2,000 six weeks ago.Three-quarters of the seafarers trapped in Ukrainian ports have now been evacuated from their...

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Europe is attracting a greater share of liquefied natural gas (LNG) cargoes, taking volumes from top-importing Asia, amid ongoing concern about the security of pipeline supplies from Russia. While it’s not much of a shock that Europe is seeking to maximize LNG...

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The premium for delivered 380 CST high sulfur fuel oil in the Shanghai bunker market to the benchmark Singapore 380 CST HSFO cargo assessment hit a more than two-year high at $111.71/mt on April 27, S&P Global Commodity Insights data showed. The premium was last...

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The International Maritime Organization (IMO) Maritime Safety Committee (MSC 105), which met 20-29 April 2022, adopted the following resolution on 28 April 2022: RESOLUTION MSC.495(105) – Actions to facilitate the urgent evacuation of seafarers from the war zone area...

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