TORM has today entered into an agreement to purchase three 2013-built MR eco product tanker vessels for a total cash consideration of USD 48.5m and the issuance of 1.42 million shares. The transaction will increase TORM’s total fleet to 88 vessels on a fully delivered...

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As the world’s largest shipping line, MSC has 730 vessels and the industry’s largest newbuilding orderbook of energy-efficient container ships. The family-owned business has been working on energy efficiency for many years and has been an early adopter of...

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Fichte and Co Legal, the UAE’s leading law firm, participated in the 2023 edition of The International Fujairah Bunkering & Fuel Oil Forum (FUJCON 2023) held under the Patronage of His Highness Sheikh Hamad bin Mohammed Al Sharqi, Member of the UAE Supreme Council...

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Marlink, the smart network and ICT solutions company, and ABS Wavesight™, the ABS-affiliated maritime software as a service (SaaS) company, have signed an agreement to collaborate on using optimized connectivity to support efficient delivery of sustainability services...

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Gasoil stocks held in independent storage in the Amsterdam-Rotterdam-Antwerp (ARA) refining and storage area fell for the third week in a row, data from Dutch consultancy Insights Global showed on Thursday. Gasoil stockpiles are still near a two-year high. Gasoil...

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