Indian refiners are poised to sharply curtail imports of Russian oil to comply with new U.S. sanctions on two top Russian producers, industry sources said on Thursday, potentially removing a major hurdle to a trade deal with the United States. The change comes as...

Read More

Classification society DNV has awarded HD Korea Shipbuilding & Offshore Engineering (HD KSOE) an Approval in Principle (AiP) for a new 15,000 TEU container vessel design powered by Small Modular Reactor (SMR) technology. The presentation was attended by Sungkon...

Read More

New port fees applied by China and the US on each other’s vessels that took effect on 14 October have had less of an effect than expected, according to analysts at market intelligence group Linerlytica. Chinese authorities have not applied the 25% US ownership rule...

Read More

Asia’s spot market for high sulphur fuel oil (HSFO) recovered slightly on Thursday, while onshore residual inventories in Singapore eased but remained high, data showed. The cash differential for 380-cst HSFO was pegged at a narrower discount day-on-day, with some...

Read More

Only days after the International Maritime Organization’s (IMO) Member States voted to postpone a decision on the Net-Zero Framework (NZF) by 12 months, more than 200 industry leaders, experts, and influential decision-makers met in Antwerp at the Global Maritime...

Read More

Fugro has completed comprehensive land and marine site investigations for TenneT Germany, a leading European transmission system operator, to support the development of the LanWin1 and LanWin2 offshore grid connection projects. These projects are part of TenneT...

Read More