Cruise Ship Mein Schiff 7 Completes Methanol Bunkering Demonstration
A demonstration bunkering and trial of methanol was completed with the cruise ship Mein Schiff 7, which was also the first cruise ship to be built methanol-ready.
Industry News
COSCO Shipping Energy Transportation Reports 141 per Cent Rise in H1 Profit
COSCO Shipping Energy Transportation reported a 140.6 per cent increase in net profit attributable to equity holders to CNY4.556 billion ($668.9 million) for the six months ended June 30, as higher international tanker freight rates lifted earnings.Unaudited revenue rose 30.3…
CyberOwl Promotes Russell Kempley to Chief Executive
[By: CyberOwl] CyberOwl, a DNV company, and a global leader in cybersecurity operations for maritime and offshore assets, has appointed Russell Kempley as Chief Executive Officer.
Iran Widens Hormuz Shipping Blacklist to 56 Vessels
Iran has added more ships it deems as non-compliant and subject to fines, confiscation or detention if they try to sail through the Strait of Hormuz, according to a government website.Tehran said on August 24 it had blacklisted 45 tankers…
Oil Ticks up as US-Iran Military Action Rattles Supply Lines
Brent crude prices rose one per cent in a volatile session on Wednesday, driven by renewed military strikes between the US and Iran that have restricted world oil supply.The US-Iran war is now in its seventh month, with the recent…
China Bids for Regional Power Shift Amid Middle East Maritime Crisis
Chinese President Xi Jinping called on Middle Eastern nations to oppose external interference and consider reshaping the region's security order during a visit to Egypt on Wednesday, as Beijing seeks to expand its influence amid the US war against Iran.Xi's…