As the maritime industry accelerates its transition towards electric and hybrid passenger vessels, ship operators are increasingly finding that critical safety and survival solutions play a far greater role in vessel design than simply meeting regulatory requirements.
For several decades, there has been one reliable growth engine for oil demand in the world: China. China’s massive growth in oil demand in the early 2000s was the primary driver of the tanker super cycle that lasted from roughly…
Two tankers were attacked in the Strait of Hormuz overnight Thursday, according to UKMTO and UAE state oil company Adnoc. It was the latest round of strikes instigated by Iran in an attempt to reinforce Iranian control of the strait,…
Two slicks have appeared in Iranian waters, satellite imagery and video verified by Reuters show, as tit-for-tat attacks on oil tankers and other vessels by Iran and the United States spark concerns about environmental damage to the Persian Gulf.A potential…
Russia's second new domestically-built ice-class carrier for transporting liquefied natural gas, the Konstantin Posiet, departed from Bolshoy Kamen Bay in Primorsky Krai and set a course along the Northern Sea Route, LSEG data showed on Friday.For Russia, the tanker represents…
Sales of marine fuel in Singapore rose for a third consecutive month in July as demand at the major bunker hub remained robust, official data showed on Friday.Bunker sales totalled 4.73 million tonnes in July, up 1.3 per cent from…
