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Oil Hits Pandemic Lows As Analysts Insist Global Supply Will Far Outstrip Demand In 2026
Dec 16, 2025 ... Texas Intermediate settled down $1.55 at $55.27 per barrel, the lowest since February 2021, and Brent settled down $1.64 at $58.92 per barrel. WTI has achieved the worst ...
CMB.TECH Signs China Offtake Deal to Power Ammonia-Fuelled Ships
Dec 16, 2025 ... was completed in September 2025, with commercial operations planned to begin in January 2026. The project has received ISCC EU certification following an audit by Bureau ...
AYK Energy Secures Repeat Order for Marine Battery System from Mureloil
Dec 16, 2025 ... battery maker AYK Energy has won a second marine battery systems order from Spanish ship owner Mureloil for its newbuild. Mureloil’s 8,000 DWT tanker, Bahia Beatriz, currently under ...
Norway's MPCC Orders Six Alt-Fuel Ready Boxships
Dec 16, 2025 ... in the second half of 2028, MPCC said in a statement on its website on Tuesday. Upon delivery, these ships will be chartered to an unnamed container line for a 10-year period. “The ...
Gram Car Carriers Rolls Out Orca AI Safety Platform Across Fleet
Dec 16, 2025 ... on Tuesday. It also supports GCC’s efforts to strengthen navigational safety, regulatory compliance and operational consistency through the use of digital tools. GCC will install Orca ...
Alfa Laval Launches New Fuel Supply System for LNG-Fuelled Ships
Dec 16, 2025 ... system for LNG-fuelled ships. The system was unveiled at the Marintec 2025 event and uses cryogenic technology from Fives, a firm recently acquired by Alfa Laval, Alfa Laval said in an ...
Japan Advances Methanol-Fuelled Engine Development With 2027 Target
Dec 16, 2025 ... Japan Engine Corporation recently completed the development of an ammonia-fuelled engine. ...
INTERVIEW: NAPA Sees Growing Demand for GHG Management Services
Dec 16, 2025 ... software and data services firm NAPA is seeing evolving demand from the shipping industry for emissions management solutions as regulators including the EU tighten their regulations. The ...
Poseidon Principles Report Shows Ship Finance Moving Closer to IMO Net-Zero Pathway
Dec 16, 2025 ... Sixth Annual Disclosure report shows average alignment with the IMO’s ‘minimum trajectory’ improved by nearly eight percentage points year on year. Signatories, representing almost ...
Red Sea Bunkering Reactivates VLSFO Supply on Improved Conditions in Region
Dec 16, 2025 ... Bunker on Monday. The company has also added a new bunker barge, the MT Maximus, to its delivery infrastructure in order to accommodate varying operational needs. "Close coordination with ...