Turkish group Nakkas Shipping & Trading Co has confirmed that a decade of tanker-focused work with Berg Propulsion will culminate in the delivery of its 10th system from the technology provider in 2026. The owner’s specification of Berg systems moved into double...

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With Vanguard’s permission, we have reproduced below their comprehensive risk analysis and mitigation measures for our clients. Southern Red Sea Amid hostilities between Israel and Hamas since 2023, the Houthis in Yemen have waged a sustained campaign against...

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A new recruitment feature has launched to help dismantle the shadow network of rogue crewing agents exploiting seafarers through illegal fees and fake job offers. CareerHub, now live on The Hood Platform, connects verified seafarers only with licensed and...

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The International Maritime Organization (IMO) has progressively tightened global limits on the sulfur content of marine fuels to protect human health and the environment, including by implementing stricter sulfur limits in designated emission control areas (ECAs)....

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Real momentum is building behind the global shipping industry’s transition towards a zero-emission future. Over the last couple of years, the industry has been undertaking preparatory work to meet the International Maritime Organization’s (IMO) 2023 Revised GHG...

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OPEC+ surprises with larger-than-expected supply hike The oil market has had a volatile month due to developments in the Middle East. ICE Brent briefly traded above US$80/bbl following US strikes on Iranian nuclear facilities. The move, which followed Israeli strikes...

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