Mitsui O.S.K. Lines, Ltd. announced that as part of a consortium of 12 Japanese companies, MOL Switch LLC, MOL’s wholly owned subsidiary formed to invest in decarbonization technologies, has invested in Commonwealth Fusion Systems LLC (CFS; CEO: Bob Mumgaard;...
The new concept builds on the award-winning Sleipner PCTC concept and on operational data from the Sleipner vessels Future Way and Way Forward. The new RoRo design, which includes an engine room in the bow, creates (despite its length of 170 metres) a large cargo...
The Mission to Seafarers (MtS) has partnered with Pacific Basin Shipping to deliver suicide prevention training that has already empowered hundreds of seafarers to support colleagues in crisis. Between August 2024 and June 2025, MtS delivered its SafeTALK suicide...
LNG traders on Sept. 1 were assessing the implications for trade flows after the Arctic Mulan, a sanctioned Russian LNG carrier, discharged a cargo at the southern Chinese port of Beihai on Aug. 29, raising concerns about the risk of potential new sanctions. The...
Before 2010, when the protests against Bashar al-Assad led to a civil war in the country, oil provided more than half of Syria’s income. The Syrian Ministry of Energy announced on Monday the resumption of heavy oil exports from the western port of Tartus for the first...
EcoNavis Solutions has signed an agency agreement with Greece-based company Franman to distribute its Eco Boss Cap technology in Greece, Cyprus and to Greek-interests worldwide. The agreement opens one of the world’s largest commercial shipping fleets to the energy...