RINA, an international company specialising in inspection, certification and engineering consultancy, and Eni have signed an agreement to jointly develop initiatives that can contribute to the energy transition and decarbonisation of their respective operations and...

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Cash premium for Asia’s very-low sulphur fuel oil (VLSFO) was steady on Monday after easing last week, but an anticipation of rising flows this month amid muted trade in physical markets since mid-May weighed on market sentiment. The premium for 0.5% VLSFO...

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It’s among the world’s busiest container shipping routes — a stream of vessels packed with furniture, automobiles, clothing and other goods, traversing the Pacific between Los Angeles and Shanghai. If plans succeed, this corridor will become a showcase for slashing...

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An Expert Workshop on a “comparative analysis of candidate mid-term GHG reduction measures” to further support IMO’s considerations of candidate measures to reduce greenhouse gas (GHG) emissions took place at IMO Headquarters in London on 25 and 26 May. It included...

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A year ago, an armada of ships came to Europe’s aid, bringing U.S.-produced liquefied natural gas to replace Russian pipeline gas supplies lost in the wake of the war. The outlook for the coming winter was dire despite the surge of American LNG cargoes — then it grew...

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With a normalized container shipping market, the first quarter of 2023 saw a significant drop in profitability for most shipping lines. It was the third quarterly downturn following seven straight quarters of record income during the Covid-19 pandemic. However, in a...

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