Technology group Wärtsilä has signed a 16-year Lifecycle Agreement with Seapeak Maritime (Glasgow) Ltd, one of the largest independent owner-operators of liquefied gas vessels. The contract covers ten LNG Carriers and is an extension of an earlier Wärtsilä Lifecycle...

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Kongsberg Maritime continues to solidify its reputation as a leader in next-generation cargo ship development having been awarded a further contract from Danish operator Tärntank to design and equip its eleventh hybrid chemical tanker, which will be wind-assisted....

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Fortescue, a green technology, energy and metals company, and COSCO SHIPPING, the world’s leading shipping company, have signed a non-binding Memorandum of Understanding to work together on decarbonising shipping. Both companies will collaborate on developing...

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South Korea is on course to set a record for annual US crude imports in 2024, having purchased nearly 85 million barrels in the first half of the year, with major local refiners favoring light sweet North American barrels for their logistical and refining...

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