On May 25, 2023, the first hydrogen-powered inland container ship, H2 Barge 1, set sail in the Rotterdam waters, Netherlands. Retrofitted at Holland Shipyards Group in Werkendam, this hydrogen-electric barge now transports containers for Nike between the Port of...

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Marine fuel sales at the UAE’s Fujairah port fell to their lowest level in five months in November, data from Fujairah Oil Industry Zone (FOIZ) showed. November bunker sales totalled 578,197 cubic metres (about 618,000 metric tons), down 7.3% from October and 4.6%...

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“In 2025 the maritime industry once again shone brightly, showing its fierce resilience and relentless ingenuity. The industry has continued to face global challenges head on, taking huge steps forward in important areas like digitalisation, sustainability and...

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Asia fuel oil markets concluded the year with a bearish tone as spot differentials for Very Low Sulphur Fuel Oil (VLSFO) and High Sulphur Fuel Oil (HSFO) logged annual declines. Supplies have gushed into the Asia region this year, on the back of Western sanctions that...

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HD Hyundai Samho, the largest company in South Jeolla Province, has achieved order intake performance reaching 12 trillion won this year, the second-largest achievement since 2022, despite the global shipbuilding order slowdown. According to industry sources and...

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Indian Oil Corp IOC purchased its first Colombian oil under an optional supply deal with state oil company Ecopetrol, two people familiar with the matter said, as India’s top refiner seek to diversify from Russian oil. Indian refiners are scouting for crude as tighter...

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