The Baltic Exchange’s dry bulk sea freight index edged down on Wednesday, snapping a three-session winning streak, as falling rates for capesize vessels overshadowed gains in the panamax and supramax segments. The overall index, which factors in rates for capesize,...

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To achieve the Paris Agreement goals, the adoption of renewable-energy sources has increased significantly in recent years and BESS (Battery Energy Storage System) has played an important role. According to a report by Rystad Energy, global BESS installation had grown...

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Iraq is committed to OPEC decisions and after its second voluntary cut announced in December it is also committed to producing no more than 4 million barrels per day (bpd), oil minister Hayan Abdel-Ghani told reporters on Monday. Iraq’s current crude oil exports range...

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We are delighted to announce a new exclusive representation in the field of engine lube oil filtration systems with one of Europe’s most well-established companies, C.C.JENSEN A/S. We, as Euploia Drydocks and Services Ltd, aim to broaden our service offering by...

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Skuld (Gjensidig) (“The Association”) has received a Notice of Cancellation from reinsurers in respect of certain war risks that are reinsured by the Association in the commercial market. As a result, it is necessary for the Association to issue corresponding Notice...

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A drone flies low over a snow-covered shipyard in Russia’s Far East, where workers toil in subzero temperatures to maintain the hulking vessels during the bitter Siberian winter. The process of ‘vymorozka,’ which roughly translates as ‘freezing out,’ is backbreaking...

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