September 30, 2026 · 14 hours ago A new study shows nuclear ship propulsion can cut costs and regulatory risks and examines the possibility of treating reactors as reusable assets.
COSCO Shipping Specialised Carriers plans to add 22 60,000 DWT multipurpose heavy-lift ships through long-term bareboat charters and newbuildings.The company announced the plans on September 30, following board approval on September 29 for the charter proposal and eight newbuildings at…
September 29, 2026 · 13 hours ago Managing Editor Japanese shipping major Nippon Yusen Kaisha (NYK) has signed a sale and purchase agreement with Vår Energi CCS to acquire a 30% interest in the operator of the Trudvang carbon capture…
Security forces from Somalia's semi-autonomous Puntland state have rescued the Honour 25, a Palau-flagged petroleum products tanker seized by pirates in April, Puntland's state television channel reported on Tuesday.
Oil prices declined on Tuesday as investors focused on signs of recovering crude exports from the Middle East and lingering concerns over potential supply disruptions in the region stemming from the US-Israeli war on Iran.Brent crude futures were down $1.38,…
The United Arab Emirates and Kuwait have boosted naphtha exports to Asia in recent months via ship-to-ship (STS) transfers outside the Strait of Hormuz, helping Asian petrochemical producers to increase output, traders and analysts said.Abu Dhabi National Oil Company (ADNOC)…
