From a regulatory perspective, some key developments have been introduced or taken effect over the past year, all of which will serve to enhance the safety of bulk carrier operations. ESP Code amendments tighten inspection rules and affect bulk carrier performance In...

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“K” Line Wind Service, Ltd. (KWS), a joint venture between Kawasaki Kisen Kaisha, Ltd. and Kawasaki Kinkai Kisen Kaisha, Ltd., reached an agreement with the shareholders of SN Marine Co., Ltd. (SN Marine), including Sugahara Kisen Co., Ltd., regarding a capital...

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Rapid falls in the level of the Caspian Sea are affecting ports and oil shipments and threatening to inflict catastrophic damage on sturgeon and seal populations, according to Azerbaijani officials. The Caspian, the world’s largest salt lake, holds significant...

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Oil and gas companies have historically delivered modest returns despite a favorable environment – averaging just 10% over 30 years. Now, rising political volatility, climate litigation, and competition from clean technologies have increased the risks for the sector....

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U.S. liquefied natural gas exports will soar by roughly 10% a year through 2030 as energy firms double their LNG production capacity, according to analysts, providing a shot in the arm to the country’s maturing shale industry which has seen growth slow and costs rise....

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The Department of the Treasury’s Office of Foreign Assets Control (OFAC) is further disrupting Iran’s oil exports by imposing sanctions on Greek national Antonios Margaritis, his network of companies, and nearly a dozen vessels involved in Iran’s shadow fleet....

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