On top of production declines in Iran and Venezuela, ongoing OPEC cuts, Urals contamination outages in Russia and maintenance in Kazakhstan, North Sea production is also struggling, Rystad Energy said."Currently we see unplanned outages at Oseberg and ...
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Hamburg Süd Expands Service
The trade between Europe and Central America, Caribbean and South America West Coast has always been a key element in the container liner shipping line Hamburg Süd’s global network of liner services.In cooperation with Maersk, Hamburg Süd will…
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NYK Intros Compliant Additive for LSFO
The Japanese Shipping Company Nippon Yusen Kaisha (NYK) have jointly developed a new fuel-oil additive for low-sulphur compliant fuel-oil that meets SOx emission requirements.Yunic 800VLS (patent pending) is Japan’s first additive for very low sulfur f...
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Shipping to Halve Carbon Footprint by 2050
The world's principal shipping organisation, representing around 80% of the world’s merchant tonnage, International Chamber of Shipping (ICS) remains confident that shipping will improve its carbon efficiency by at least 40% by 2030 compared to 2008…...
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Cameroon Readies for IMSAS
Auditing International Maritime Organization (IMO) Member States to assess how effectively they enforce key IMO treaties is an important part of the Organization's work to ensure its regulatory framework is universally adopted and implemented.IMO's…
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Horse dies at Pimlico day before Preakness race
A three-year-old filly collapsed and died after racing at Pimlico Race Course in Baltimore on Friday, a day before the Preakness Stakes.
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IMO Sets Stricter Emissions Targets for New Ships
The International Maritime Organization (IMO) on Friday agreed stricter energy efficiency targets for certain types of ships in an effort to speed up action to cut the sector's emissions.The IMO's Marine Environment Protection Committee has been meetin...
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London P&I clubs Widen Middle East Threat Zone
London's marine insurance market has extended the list of waters deemed high risk to include Oman, the United Arab Emirates and the Gulf after ship attacks off Fujairah, officials said on Friday, in a move that could push up premiums.The London…
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Marine Monitoring System Powered by Innovation
Innovation is driving advanced monitoring and control technologies for environmental and safety compliance in the marine sector, says Gérard Baldellou, marine business unit manager at CMR Group.The marine diesel power sector continues to face significa...
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Naval Group Might Look at Thyssen’s Marine Unit
France's Naval Group would consider buying Thyssenkrupp's marine division if the German steel-to-submarines conglomerate were to offer the unit for sale, a German newspaper cited a source close to the French group as saying."We will look at the marine ...
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