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Jiangnan Shipyard Secures Order for Two Ammonia Carriers
Jan 27, 2026 ... Jiangnan Shipyard, in collaboration with CSSC Trading, has secured a contract to build two 90,000 m3 very large ammonia carriers (VLACs). The shipbuilding contract was officially signed ...
FLEX Commodities Appoints New Senior Trader
Jan 27, 2026 ... fuel trading firm FLEX Commodities has added a new senior trader to its team. Vaishali Pant has joined the firm as of this month, FLEX Commodities said in a LinkedIn post on Monday. Pant ...
Oil Dips As U.S. Storms Eclipse Rapidly-Escalating Iran Hostilities
Jan 26, 2026 ... main reason why oil prices took a dip on Monday, after climbing in the previous session by more than 2 percent. Analysts estimated that the blizzards caused a loss of up to 2 million barrels per ...
VPS 2025 Marine Fuel Review
Jan 26, 2026 ... saw another challenging year for global marine fuel quality, as decarbonization legislation took numerous twists and turns, increasing demands upon ship owners and operators across the ...
Galp Moves Closer to Commissioning Green Hydrogen Plant in Sines
Jan 26, 2026 ... production unit in Portugal's Sines after the installation of electrolysis modules. The company has completed the installation of ten 10 MW electrolysis modules, forming a 100 MW production ...
Echandia To Supply Battery System for Singapore Harbour Tug
Jan 26, 2026 ... Echandia will supply a 3 MWh battery system for a tugboat operating in Singapore’s harbour as part of the city-state’s plan to electrify its harbour craft fleet by 2030. The ...
Kongsberg Maritime To Become Stand-Alone Company
Jan 26, 2026 ... technology firm Kongsberg Maritime is set to become a stand-alone company after shareholders of Kongsberg Gruppen approved the separation at an extraordinary general meeting last ...
Maersk Tankers Installs Bound4blue Wind Propulsion System on Tanker
Jan 26, 2026 ... the installation of its eSAIL wind propulsion system on a vessel operated by shipping company Maersk Tankers. Four 24 m suction sails have been fitted on the medium-range tanker Maersk ...
Global Oil Supply Set to Rise Further in 2026 Despite Geopolitical Tensions: IEA
Jan 26, 2026 ... oil supply is forecast to increase by 2.5 million b/d in 2026 to an average of 108.7 million b/d, with expanding non-OPEC+ production and higher OPEC+ output more than offsetting export ...
Chemship Places Additional Orders for Econowind Wind Propulsion System
Jan 26, 2026 ... tanker operator Chemship has placed orders for additional wind propulsion systems from Dutch firm Econowind for installation on two of its tankers. The installations are scheduled for ...
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Bunker Fuel Removed from Grounded Cruise Ship in Fiji

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23,000 litres of fuel have been taken off the vessel.

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Eight OPEC+ Members to Raise May Output, Warn Damaged Capacity May Take Time to Return

Eight OPEC+ Members to Raise May Output, Warn Damaged Capacity May Take Time to Return

The countries have agreed to increase production in May, but warned that restoring damaged capacity may take a long time.

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Indian Shipbuilder Wins First Order for Ammonia-Fuelled Bulk Carrier

Indian Shipbuilder Wins First Order for Ammonia-Fuelled Bulk Carrier

This order marks the first ammonia-fuelled ship orders for India's shipbuilding industry.

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