UK-based oil and gas major BP and Chinese city-gas distribution company Shenzhen Gas have signed a ten-year LNG supply deal for 225,000 to 300,000 tonnes a year. Under the agreement, Shenzhen Gas will buy the LNG volumes from BP in the peri

A new service has been introduced to enable the shipping industry to benchmark carbon emissions from their vessels against a set of indicative figures calculated by the Baltic Exchange. With growing international scrutiny and a proliferatio

Dalian iron ore rose to a one-month high in thin trade on Friday after a week-long holiday in China, with market participants upbeat about demand prospects for the raw material in the worlds top steel producer. Chinas electricity shortage h

Self Imposed Discipline US crude production has averaged this summer some 600,000 bpd above the level seen in summer 2020. However, on an annual average basis, US crude output in 2021 is still likely to average at slightly lower levels comp

Fuel savings and compliance with IMO efficiency regulations via intelligent power management for cooling pumps and fans from DESMI OptiSave Ship owners and designers need to comply with the maritime industrys ever stricter regulations for r

The Maritime and Port Authority of Singapore (MPA) will roll out the SRS Notation initiative to recognise ship owners and operators who voluntarily incorporate solutions to drive digital transformation, strengthen cyber security, enhance we

Bergen, Norway, 8 th October 2021: ECOsubsea , the sustainable robotic end-to-end biofouling solution welcomes the announcement of an innovative hull management tool intertrac Hullcare from leading marine coatings manufacturer AkzoNobel. Ak

The container shipping market is still in a state where it is difficult to find one ship, but Evergreen has entered the peak of delivery. In addition to the two newly built worlds largest 24,000TEU container ships that have been put into op

Chinas LNG imports are expected to surpass Japan to become the worlds largest importer by 2021, and the rapid growth of Chinas LNG market is becoming a key driver for Chinese shipping companies to win. With the official signing of the long-

This government label not onlythrows a spotlight, but also provides a marvellous boost, because setting up a new industrial operation or a logistics platform can take a great deal of time. By getting ahead of the official procedures and tec

Capital Ship Management Corp. (Capital) in an industry first, is to secure ABS notations recognizing investment in decarbonization technologies for its newbuild orders for medium range tankers. ABS developed the notations with Capitals inpu

The trade war continues to rage in the shade of the headline-grabbing supply chain disruptions. The tariffs are still in place and are unlikely to go anywhere despite the change of administration in the United States. While higher exports f

80 vessels migrate to VSAT, Iridium and VoIP software and hardware Jan De Nul Group, a leading expert in marine construction, civil engineering and environmental projects, has moved its entire fleet of 82 vessels and jack-up barges to Casto

The International Chamber of Shipping has submitted plans to the industrys UN regulator, the International Maritime Organization (IMO), detailing urgent measures which governments must take to help the industry achieve net zero CO2 emission

From Russia With Love After many months of pain, crude tanker owners will finally see an increase in the volume of Russian export cargos in the coming weeks. Loading schedules indicate rising shipments of Urals and CPC blend crude. Reuters