TotalEnergies, a global integrated energy company, and CMA CGM Group, a global player in sea, land, air and logistics solutions, have entered into an agreement to develop a 50/50 logistics joint venture dedicated to the implementation and operation of a liquefied...

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Refined product shipments by India’s Nayara Energy face uncertainty as EU sanctions prompt global tanker companies to halt loading, sources said July 22. Several shipping companies, including China’s Cosco and Nanjing Tankers, Oslo Stock Exchange-listed Hafnia, and...

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“We forecast that bulker deliveries will gradually increase this year and in 2026, reaching 41.2m Deadweight Tonnes (DWT) and a six-year high. Bulker newbuilding contracting was strong in 2023 and 2024, and several of the ships ordered during this period are expected...

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The ship recycling market has remained subdued during the past week. In its latest weekly report, Best Oasis, a leading cash buyer of ships, said that “ship recycling markets across South Asia and Turkiye remain largely subdued, with sentiment cautious and activity...

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Today’s ships can carry a number of different marine fuel types, from High Sulphur Fuel Oils (HSFOs), to Very Low Sulphur Fuel Oils (VLSFOs), Marine Gas Oils (MGOs), Ultra Low Sulphur Fuel Oils (ULSFOs), Biofuels, LNG and Methanol. Each of these fuels have varying...

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Labourers were pausing outdoor work and tourists seeking out shade as Greece sweltered under its third heatwave of the summer and soaring temperatures gripped the wider Balkan region, fueling wildfires in Albania. Situated at Europe’s southernmost tip, Greece, which...

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