Venezuela’s oil exports surpassed 900,000 barrels per day in August, the highest level since November, after energy producer Chevron received a license that has allowed the OPEC country’s crude to return to the U.S. market after a four-month pause, shipping data...

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Kongsberg Maritime is pleased to announce the next phase in its commitment to advancing mooring of offshore floating structures through the development of simplified mooring solutions. Building on its patent-pending integrated tensioning and remote pull-in...

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RightShip (the “Company”), a leading maritime digital platform for safety, sustainability, and supply chain due diligence, today announced a new minority investor to accelerate the Company’s technology-led growth and mission of zero harm. Funds advised by Permira, the...

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Lloyd’s Register (LR) has announced an update to its Rules and Regulations for the Classification of Ships, introducing new technical notations that formalise standards for wind propulsion systems and ergonomic design. The changes, which will be consolidated into the...

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Spot premiums for marine fuel at Fujairah, the world’s third-largest bunkering port, held near their highest levels this year, as fuel oil supply tightened after the United Arab Emirates stopped imports of Sudanese oil, trade sources said. The UAE did not import any...

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Procureship, the maritime industry’s leading e-procurement platform provider, has partnered with Copenhagen-based climate data specialist ReFlow to launch a new Scope 3 emissions solution to enable ship owners, operators, and managers to prepare for new...

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