The head of a global standard setter for corporate sustainability disclosures said he expected more than 40 countries to adopt initial rules on climate reporting when they go live in 2024. Despite parts of the data underpinning the disclosures remaining patchy, and...

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Wilhelmsen Port Services has completed its acquisition of Vopak Agencies which was first announced on 13 October 2022. Vopak Agencies, which has now become a Wilhelmsen group company, is highly complementary and a perfect match for the global reach of Wilhelmsen Port...

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Sri Lankan Minister of Ports, Shipping and Aviation Nimal Siripala de Silva has said the government will spend around 132 million U.S. dollars on port development projects. These investments would be made through revenue generated from port operations, the minister...

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Seacoast Shipping Services surged 4.40% to Rs 3.56 after the company signed contract with Dubai’s Maria Shipping for providing shipping and logistic services in the region. The contract will be effective from 1 April 2023 for a period of one year and can be renewed...

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Marine design and engine developer ScandiNAOS AB, Chalmers University of Technology and the Swedish Maritime Administration (SMA) have launched a project to develop dual-fuel kits for conversion of new and existing diesel engines to methanol operation. The methanol...

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The spot cash differential for 180-cst high sulphur fuel oil (HSFO) flipped into a premium on Monday as the supply pool for viscosity cutter stocks tightened recently, trade sources said. Asia’s spot 180-cst HSFO cash differential (FO180-SIN-DIF) climbed for a seventh...

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