Citi raised its third-quarter 2026 Bent crude oil price forecast to $86 per barrel from a previous estimate of $80 per barrel on Thursday. The bank attributed the revision to a longer-than-expected closure of the Strait of Hormuz. The bank maintained its...

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  The European Commission will soon unveil its revised Arctic strategy and whether to maintain or scrap its 2021 position on new oil and gas exploration in the High North. The International Energy Agency and Norway have urged Brussels to reconsider the ban. The...

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  Singapore will defer its sustainable aviation fuel levy on air cargo by one year and plans to launch a tender for levy-funded SAF by the end of 2026, with the first batch expected to be delivered and uplifted in mid-2027, the Civil Aviation Authority of...

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  Electric shore power infrastructure firm Wah Kwong NatPower has partnered with the investment arm of Jiangsu Port Group to develop an electrification network for inland waterway vessels in China’s Jiangsu province.   The partnership aims to bring together...

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  Techcross has completely renewed its Smart Platform, a dedicated web-based service for shipowners. The key focus of the renewal is to go beyond simply providing operational data from Ballast Water Management Systems (BWMS) by improving the information structure...

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