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Contagion risks loom over Adani Transmission and Adani Ports

Contagion risks loom over Adani Transmission and Adani Ports
Ratings agency Fitch has said that two Adani Group subsidiaries are exposed to heightened contagion risks as a result of governance weakness at the conglomerate’s sponsor level. Adani Transmission Limited and Adani Ports and Special Economic Zone are prone to risks...
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Online exams to continue following successful pilot project

Online exams to continue following successful pilot project
A pilot scheme to allow candidates for the Officer of the Watch (OOW) deck unlimited qualification to split the exam process into two parts is being introduced by the Maritime and Coastguard Agency this Spring. Following on from the success of the introduction of...
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Ship seized by pirates seen 540 miles west from Gulf of Guinea attack point

Ship seized by pirates seen 540 miles west from Gulf of Guinea attack point
A Danish-owned vessel that was boarded by pirates in the Gulf of Guinea on Saturday was spotted about 540 miles further off shore on Tuesday, according to a maritime cooperation centre monitoring security in the area. The Liberian-flagged oil and chemical tanker...
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New destinations for Russian products to boost product tanker shipping demand

New destinations for Russian products to boost product tanker shipping demand
The ongoing shift in refined products trade patterns is likely to strengthen the demand for products in 2023, maintaining attractive vessel earnings. Europe’s efforts to displace Russian refined products are proving to be positive for the product tanker market since...
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Wartsila sees role for ethanol in fragmented bunker fuel landscape

Wartsila sees role for ethanol in fragmented bunker fuel landscape
Wartsila is seeing a potential role for ethanol in the shipping industry’s multi-fuel future, with shipowners struggling to find suitable future fuels to reduce greenhouse gas emissions from their operations, according to a company official. Mikael Wideskog,...
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