The shipping industry will likely miss its 2030 targets for vessels running on alternative fuels, according to a new study from the UCL Energy Institute, mainly due to the regulatory uncertainties surrounding the IMO Net-Zero Framework (NZF).
Chinese criticism of Japan’s growing defense budget appears to have been one of the most consequential developments coming out of the days President Xi Jinping spent in Washington for his state visit, which otherwise seems to have done little to…
New Zealand has made further progress in restarting domestic gas production with a new round of funding targeting offshore exploration projects. Resources Minister Shane Jones and Associate Finance Minister Chris Bishop this week announced $21 million financing for two offshore gas…
Iran is becoming increasingly desperate to get the US naval and economic blockade imposed upon it lifted, but is overestimating its bargaining power against the United States and its Gulf allies.
Japanese shipping major NYK is moving to strengthen its business in the offshore wind power segment. The group, best known for its operations in dry bulk and tankers, has said it views the offshore sector as a strong growth opportunity.
Florida-based American Roll-On/Roll-Off Carrier Group (ARC Group) is highlighting its recent addition of a large vehicle carrier to its U.S.-flagged fleet. The ship, which moved from the Swedish flag, will support commercial and government customers while adding further capacity to…
