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OPEC+ makes subtle shift to mitigate potential crude oil glut

OPEC+ managed to both meet market expectations and deliver a surprise by agreeing to a small rise in crude oil output for December, but then pausing for the first quarter of next year. The eight members of the exporter group undertaking voluntary production cuts...

“K” Line RoRo Bulk Ship Management Selects Cobham Satcom to Equip more than 100 Vessels

Cobham Satcom, a global leader in satellite communications technology, has been selected to supply next-generation satcom antenna systems for more than 100 vessels under “K” Line RoRo Bulk Ship Management Co., Ltd., (KRBS), a core company of the “K” LINE Group, as...

Ukrainian drone attack sets oil tanker, Tuapse port infrastructure ablaze, Russia says

An oil tanker and port facilities in the Russian Black Sea port of Tuapse were damaged and set ablaze overnight as a result of a Ukrainian drone attack, authorities in the southern region of Krasnodar said on Sunday. “In the port of Tuapse, fragments of UAVs (unmanned...

Korean shipbuilding gains momentum at APEC

This year’s Asia-Pacific Economic Cooperation (APEC) was a successful global negotiation table for Korean shipbuilders, as companies signed multiple partnerships to advance digitalized shipbuilding practices and expand their presence in APEC economies. HD Hyundai said...

VLSFO crack recovers to over three-week high

Asia’s very low sulphur fuel oil (VLSFO) crack reached its highest in more than three weeks, data showed on Monday. The December VLSFO crack closed at a premium above $7.50 a barrel, according to data compiled by LSEG. (LFO05SGBRTCMc1) Talk of a delay in the...

One in four maritime suppliers showing cyber red flags as shipowners boost due diligence requirements

More than a quarter of maritime parts and service suppliers have been identified as having high or very-high cyber vulnerabilities, according to new data from Achilles Network. Through Procureship’s integration with Achilles, shipping companies can now access...

OPEC+ makes subtle shift to mitigate potential crude oil glut

“K” Line RoRo Bulk Ship Management Selects Cobham Satcom to Equip more than 100 Vessels

Ukrainian drone attack sets oil tanker, Tuapse port infrastructure ablaze, Russia says

Korean shipbuilding gains momentum at APEC

VLSFO crack recovers to over three-week high

One in four maritime suppliers showing cyber red flags as shipowners boost due diligence requirements

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