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MOL Helps Deploy “Argo float”, Ocean Observation Instrument, to Combat Climate Change

MOL Helps Deploy “Argo float”, Ocean Observation Instrument, to Combat Climate Change
Mitsui O.S.K. Lines, Ltd. Friday announced that three units of ocean observation instruments called “Argo floats”,(Note 1), which will be used to monitor changes in ocean environment and global climate, were deployed off the coast of Chile in May 2025 from the wood...
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BASSnet and Closelink integration streamlines marine lubricant procurement

BASSnet and Closelink integration streamlines marine lubricant procurement
Closelink GmbH, a maritime technology company specialising in marine lubricant procurement, and BASS Software, the leading global provider of maritime ERP cloud solutions, have successfully completed an integration between their platforms. The connection enables data...
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Hapag-Lloyd Strengthens Africa Presence with New Organizational Setup

Hapag-Lloyd Strengthens Africa Presence with New Organizational Setup
Today, Hapag-Lloyd announced a strategic restructuring of their Africa organizational setup across the continent. The changes align with the company’s Strategy 2030 and its commitment to growing Africa as a key focus market. The company’s current Area setup will...
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USGC likely to source more heavy crude from Canada as Venezuela, Mexico supplies decline

USGC likely to source more heavy crude from Canada as Venezuela, Mexico supplies decline
US Gulf Coast refiners will likely need to source more heavy crude from Canada as US sanctions cut flows from Venezuela, while imports from Mexico will tighten as that country’s refinery capacity increases, according to analysts. Heavy and medium crude price...
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Huge tanker with Russian ESPO oil waits near China as demand sags

Huge tanker with Russian ESPO oil waits near China as demand sags
The Big Star, a huge tanker with 2.1 million barrels of Russia’s ESPO Blend oil onboard, has been waiting near China in a potential sign of weaker demand for the crude in the region, LSEG data showed and two traders said on Friday. Many state oil companies in China...
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Columbia Group welcomes UK-EU alignment on ETS but warns it is not a silver bullet for emissions cuts

Columbia Group welcomes UK-EU alignment on ETS but warns it is not a silver bullet for emissions cuts
Columbia Group has welcomed the UK government’s announcement to link its emission trading system with the EU and is urging other countries to follow suit. Philippos Ioulianou, Managing Director of EmissionLink, member of Columbia Group, believes this move is a...
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