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G7 crude tankers’ share in Russia falls to four-month low as EU plans full ban

Share of G7-linked tankers in Russia’s crude export market fell to a four-month low last month, with ship operators finding lucrative business opportunities elsewhere amid a tightening sanctions regime. Tankers flagged, owned or operated by companies based in G7...

Nordic American Tankers Ltd – A 2003-built vessel sold for $25 million

I am pleased to announce that we have entered into a sales agreement for a 2003-built suezmax tanker. The sales price of the ship is $25 million net to us and the ship has no debt. Nordic American Tankers Ltd. is in a solid position. Source: Nordic American Tankers...

EU Natural Gas Falls Sharply

European natural gas futures sank to below €33/MWh in February, erasing the surge from earlier in the month to trade at their lowest since mid-January as forecasts pivoted to show warmer weather, easing the demand for gas-intensive heating. Meteorologists reconsidered...

Bureau Veritas Grants Approval in Principle to Greenroom Robotics’ Advanced Maritime Autonomy Software

Bureau Veritas Marine & Offshore (BV) has granted an Approval in Principle (AiP) to Greenroom Robotics for its maritime autonomy software, GAMA. This is the first time a maritime autonomy software, enabling self-navigation has been granted AiP by Bureau Veritas,...

AET Adds First Hybrid Electric Dynamic Positioning Shuttle Tanker to its Fleet

In support of AET’s ambitions as a leader in both shuttle tankers and maritime energy transition, the company has signed an agreement for its first hybrid electric Dynamic Positioning Shuttle Tanker (DPST), designed to be dual-fuel, lower-emissions-ready and secured...

HD Korea Shipbuilding posts record profit in 2025

HD Korea Shipbuilding & Offshore Engineering said Monday that it posted record revenue and operating profit in 2025, as high-value vessels and efficiency gains lifted profitability across its shipbuilding and engine units. The shipbuilding holding unit of HD...

G7 crude tankers’ share in Russia falls to four-month low as EU plans full ban

Nordic American Tankers Ltd – A 2003-built vessel sold for $25 million

EU Natural Gas Falls Sharply

Bureau Veritas Grants Approval in Principle to Greenroom Robotics’ Advanced Maritime Autonomy Software

AET Adds First Hybrid Electric Dynamic Positioning Shuttle Tanker to its Fleet

HD Korea Shipbuilding posts record profit in 2025

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