In late July 2025, the United States announced a 25 percent tariff on Indian exports, explicitly citing India’s continued purchases of Russian crude oil and military equipment. The move was widely interpreted as part of a broader strategy targeting countries that...

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The International Maritime Organization (IMO) has adopted mandatory amendments to SOLAS Chapter V (Regulations 31 and 32) and Article V of MARPOL Protocol I to standardize the reporting of freight container losses at sea. These changes require Masters to report both...

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Russia plans to increase exports from its western ports to nearly 2 MMbpd in August, about 200,000 bpd more than a previous estimate, after two refineries cut runs following Ukrainian drone attacks, two industry sources said, as per Hydrocarbon processing. The extra...

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A.P. Moller – Maersk A/S (Maersk) achieved strong results in the second quarter with revenue growth of 2.8% and EBIT reaching USD 845m. While down sequentially, Maersk results were in line with the previous year despite significant geopolitical uncertainty and...

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At the end of 2023, Ulsan Port Authority, a major energy distribution hub and a pioneer of the energy transition in the region, joined DNV Korea’s Decarbonization Network. The benefits are mutual, with the network partners committed to sharing knowledge and aligning...

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