The cash differential for very-low sulphur fuel oil (VLSFO) slipped to more than two-year lows in Asia on Wednesday as selling interest persisted. Multiple sellers were offering the product for spot sales, while bids were absent. The 0.5% VLSFO cash differential fell...

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Carbon Sink LLC, a pioneering green methanol manufacturer, and Rose Cay Maritime, LLC (RCM), an innovative Jones Act-compliant shipping company at the forefront of the energy transition, today announced a Memorandum of Understanding designed to facilitate the maritime...

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MAN Energy Solutions has announced that it will begin developing retrofit solutions for medium-speed marine engines as part of a research association including WTZ Roßlau gGmbh and TU-Darmstadt. The three-year research project, ‘CliNeR-ECo’, is funded by the German...

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India’s imports of Russian oil edged up to an all-time high in June, though growing at the slowest pace since October, tanker data obtained from trade sources showed on Wednesday, signalling its appetite for Russian oil may have peaked. Refiners in India, the world’s...

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Rio Tinto reported a 1% drop in second-quarter iron ore shipments on Wednesday as a train derailment in June offset continued production ramp-up at its Gudai-Darri mine. A train carrying iron ore near the port of Dampier at the company’s Western Australia operations...

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