The European Sea Ports Organisation (ESPO) welcomes the European Commission’s recognition of the carbon and business leakage challenges created by the current EU ETS framework. ESPO sees certain efforts to address these issues in the proposal adopted today, yet fears...

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Classification of floating platforms for offshore wind turbines can be a key element in a strategy to industrialize production of these technically complex structures. Odfjell Oceanwind therefore chose to collaborate with DNV to strengthen safety, reduce life-cycle...

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ZeroUSV has reached another major milestone with the delivery of its next-generation Oceanus class uncrewed surface vessel (USV). The first Oceanus17, which is 17 metres in length, has now been delivered following the completion of Factory Acceptance Tests (FAT)....

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Clean LR2 The TC1 75kt MEG/Japan index moved consistently upward this week to WS432 (+70). A voyage west climbed in value this week with the TC20 90kt MEG/UK-Continent index going from $7.94 million to $8.66 million. In Europe the TC15 80kt Mediterranean/East index...

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Rates for shipping containers from east Asia and China to the US were mostly softer as the frontloading of imports to beat new tariffs is slowing, while liquid tanker rates were flat to lower. CONTAINER RATES Rates from shipping firms tracked by ICIS were mostly lower...

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