The Gas Agility has the ability to bunker 23,000 TEU container ships, allowing them to sail 19,500 nautical miles covering a round-trip voyage from Europe to...
Forecasts marine gross profit to be more meaningfully impacted by both coronavirus situation and lower bunker fuel prices, particularly low sulphur fuel oil, in Q2.
‘We still believe in an oil price recovery, possibly as early as June, and see a risk for a tight market in 2022 with prices much...
Endeavour is aimed not just at developing ammonia-fuelled vessels but to create a system for the Japanese maritime industry to apply ammonia as bunker fuel.
The Port of Rotterdam Authority supports initiative and actively encourages the use of alternative bunker fuels, partly through the Incentive Scheme Climate-Friendly Shipping.
Latest development alleges Chua Chin Lan facing total debt of approximately USD 5 million due to personal guarantees undertaken with Innovek and Global Energy Trading.
MPA, SMOU, SOS, and SSA are calling upon ships in the Port of Singapore to sound their horns for 15 seconds at 12 noon (Singapore local...
Package not only includes monetary assistance for companies, individuals and seafarers but also educational support to ready the industry for post COVID-19 realities.
PetroChina expects the global oil market to remain oversupplied and prices low this year, and takes "active measures" to deal with the risk of crude price...
Company has reached settlement agreements with creditors Toyota Tsusho Corporation, Broad Action Limited, and Luso International Banking Ltd in Hong Kong.
