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Hanwha and WinGD Produce Low Methane Slip Dual-Fuel Engine
Sep 3, 2025 ... engine producer Hanwha Engine, part of South Korea’s Hanwha Group, along with WinGD, has produced a first-of-a-kind dual-fuel engine equipped with variable compression ratio (VCR) ...
Wartsila to Supply Cargo and Fuel Gas Systems for MOL Ethane Carriers
Sep 2, 2025 ... cargo handling and fuel gas supply systems for five ethane carriers under construction in South Korea for Japanese shipping firm MOL. The vessels will transport ethane from the US to Thailand, ...
South Korea's HHI-HMD Merger Set for December
Aug 29, 2025 ... Korea's HD Korea Shipbuilding & Offshore Engineering (HD KSOE) is pressing ahead with a major restructuring of its shipbuilding business to strengthen global competitiveness. As part of ...
Hanwha Group Commits $5 Billion in US Shipbuilding Industry
Aug 28, 2025 ... Korea's Hanwha Group will invest $5 billion to expand Hanwha Philly Shipyard, strengthening cooperation between Korea and the US in shipbuilding. The plan was unveiled during the ...
South Korea's First Biomethanol Plant Targets Shipping Demand
Aug 28, 2025 ... Korean firms Biofriends and Cheongmyeong plan to build the country's first biomethanol plant, which will supply fuel for the domestic methanol-powered fleet. According to the MoU signed, ...
Oil Rebounds As India Tariffs Prove No Match for Falling US Crude Stocks
Aug 27, 2025 ... Analysts anticipate a busy holiday weekend of travel in the U.S. ...
Hoegh Autoliners Orders First Car Carrier Ammonia Engines From Everllence
Aug 27, 2025 ... Autoliners, said. These engines will be constructed by HD Hyundai Heavy Industries in South Korea. Everllence described the deal as marking a new era in shipping's transition to clean ...
OOCL Bunker Use Up 2% in 1H 2025, Warns of US Port Charges Impact
Aug 22, 2025 ... navigating a complex global landscape while laying foundations for future growth," the Hong Kong-based firm said. The average bunker price for OOCL for the 1H 2025 was $541/mt, down by 8% ...
South Korea Revises Green Ship Certification Rules to Boost Uptake
Aug 21, 2025 ... Korea has updated its eco-friendly ship certification system in a move aimed at accelerating the adoption of greener technologies across the shipping and shipbuilding sectors. The revised ...
BUNKER JOBS: Arte Bunkering Seeks Mandarin-Speaking Trader in Hong Kong
Aug 21, 2025 ... fuel trading firm Arte Bunkering is seeking to hire a bunker trader in Hong Kong. The company is looking for candidates with at least two years of bunker trading experience, a transferable ...
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The firm confirmed its chartered tanker, Aqua 1, was hit by an Iranian attack yesterday.

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EU Sees Iran Conflict Impact on Energy Markets as Not Short-Lived

EU Sees Iran Conflict Impact on Energy Markets as Not Short-Lived

EU Energy Commissioner Dan Jorgensen says the bloc's oil import bill has risen by €14 billion since the start of the conflict.

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Over 40 Nations Join UK Talks Urging Strait of Hormuz Reopening

Over 40 Nations Join UK Talks Urging Strait of Hormuz Reopening

Countries plan diplomatic pressure, possible sanctions and efforts to free stranded ships.

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