The Global Centre for Maritime Decarbonization (GCMD), AIM Horizon Investments and their partners today announced the successful closing of the Fund for Energy Efficiency Technologies (FEET), securing total commitments of up to USD 35M, exceeding its initial target....

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Recognition of Outstanding Work by an NGO for Indian Cadets and Seafarers has been awarded to Sailors’ Society by the Samudra Manthan Foundation.
The award goes to an NGO that has shown unwavering dedication and meaningful contribution towards enhancing the welfare...

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The US issued a new round of sanctions Nov. 20, targeting companies, shipping facilitators and tankers it claims are involved in Iranian oil and petroleum products trade. “Today’s action continues Treasury’s campaign to cut off funding for the Iranian regime’s...

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Spot discounts for high sulphur fuel oil (HSFO) narrowed at the end of the week, with trading momentum retaining a somewhat robust pace for the 380-cst grade. Several trades emerged at rangebound levels for dates in early to mid-December, though a higher-priced trade...

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The Royal Van Beest Group is pleased to announce that it has acquired Enduro Softslings. Established ten years ago in The Netherlands, Enduro Softslings has secured a leading position in the lifting industry through its innovative manufacturing capabilities,...

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