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Oil Regains Some Losses As Iran Provokes U.S. In Advance Of Talks
Feb 3, 2026 ... time in years; but while this signals a reopening of a grossly mismanaged industry, analysts warned that it could take more than $180 billion and well over a decade to restore output anywhere ...
GCMD and CIMAC Join Forces to Support Adoption of Alternative Marine Fuels
Feb 3, 2026 ... organisation CIMAC have signed a two-year partnership to support industry readiness towards alternative marine fuels. The agreement comes as fuels such as ammonia are expected to be used on ...
OrbitMI Appoints Sales Director for Nordics and Americas
Feb 3, 2026 ... software firm OrbitMI has appointed a sales director for Nordics and the Americas. Andrew Redfern joined the company as sales director last month, the company said in an email statement on ...
BAR Technologies Welcomes IMO Move to Close Wind Propulsion Regulatory Gaps
Feb 3, 2026 ... supplied by BAR Technologies achieved fuel savings of 12.8 mt/day. Wind propulsion systems harness wind energy to supplement engine power and reduce overall bunker fuel consumption, while ...
India's E-Methanol Plant in Kandla Targets Shipping Demand
Feb 3, 2026 ... carbon dioxide powered by renewable electricity and is increasingly viewed as a viable alternative fuel for shipping. The partners have not specified when the plant will become ...
Oil Plummets As Iran/U.S. Hostilities Presumably Give Way To Negotiations
Feb 2, 2026 ... seesaw gains and losses pattern of recent oil trading - based mainly on geopolitical tensions - continued in spectacular fashion on Monday, with the commodity plummeting by almost 5 ...
Cargo Ship Captain Found Guilty of Gross Negligence Manslaughter Over North Sea Collision
Feb 2, 2026 ... manslaughter over his vessel's collision with a tanker in the North Sea last year. Russian-born Vladimir Motin was found guilty by a court in London on Monday and will face sentencing on ...
January Marks Positive Opening to 2026 for Alternative-Fuelled Newbuilds: DNV
Feb 2, 2026 ... saw a positive start to 2026 for alternative-fuelled vessel ordering, with 20 ships capable of running on alternative marine fuels ordered during the month, compared with 12 orders recorded ...
Crude Futures Drop by 5% on Iran De-Escalation
Feb 2, 2026 ... futures slumped on Monday morning on signs over the weekend of de-escalation between the US and Iran. ICE April Brent futures traded at $65.84/bl as of 8:06 AM in London, down by 5% from ...
VPS Appoints New Managing Director for Americas
Feb 2, 2026 ... development from January 2024 until this month. He was also an advisory board member at EMMA International Consulting between 2018 and 2024 and previously held roles at Impact Analytical and ...