Greece has approved the construction of a floating gas and regasification unit (FSRU) off Athens after a fast-track process, its development ministry said on Friday. As demand grows for liquefied natural gas (LNG) in Europe in the wake of the war in Ukraine, Greece...

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NYK is delighted to announce the order of its fifth liquefied petroleum gas (LPG) dual-fuel very large LPG / liquefied ammonia gas carrier (VLGC) from Kawasaki Heavy Industries Ltd. (KHI). The ship will be built at the KHI Sakaide Works shipyard and is set for...

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Mitsui O.S.K. Lines, Ltd. announced that it joined the Shipping Sector of the First Movers Coalition (FMC) during the World Economic Forum Annual Meeting which was held from January 16-20, 2023. Ocean shipping companies participating in the sector have committed to...

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The Clean Arctic Alliance today welcomed progress made this week by the International Maritime Organization (IMO) to address the impact of underwater noise from ships on marine wildlife, but warned that further delay in the development of an action program clearly...

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Asia’s refining cracks for very low sulphur fuel oil (VLSFO) posted weekly gains of more than 25% on Friday, led by a recent rebound in spot market sentiment. The front-month crack for 0.5% VLSFO was at a premium of $17.58 a barrel to Dubai quotes at Friday’s Asia...

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Taylor Maritime Investments Limited, the specialist dry bulk shipping company, announced that as at 31 December 2022 its unaudited NAV was $1.67 per ordinary share compared to $1.70 per ordinary share as at 30 September 2022. The Company is also pleased to declare an...

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