The world economy has successfully avoided the initial, catastrophic blow from the recent surge in trade protectionism, yet the long-term outlook remains “insufficiently bright”, according to the latest World Economic Outlook report from the International Monetary...

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Magnus Wallhagen, National Hydrographer of Sweden, has been nominated as a candidate for the position of Secretary-General of the International Hydrographic Organization (IHO). The role of Secretary-General is the highest executive position within the IHO, responsible...

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The new guidance promotes nuclear power as a reliable maritime energy source, addressing the complex regulatory, safety and economic challenges of its integration. Lloyd’s Register (LR) has published Navigating Nuclear Energy in Maritime, a new guidance document...

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Asia fuel oil markets were broadly steady on Thursday, with high supply inventories capping recovery in benchmarks. Singapore’s very low sulphur fuel oil (VLSFO) cash differential narrowed slightly, hovering near a discount of $3 a metric ton. Meanwhile, high sulphur...

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RINA, the global engineering consultancy, inspection and certification group, has been awarded the Front-End Engineering Design (“FEED”) contract by PETRONAS CCS Ventures Sdn. Bhd. (PCCSV), a wholly owned subsidiary of Petroliam Nasional Berhad (“PETRONAS”), for the...

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