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NYK-Led Consortium to Explore CO2 Shipping Value Chain
Dec 29, 2025 ... NYK-led consortium has signed an agreement to study the feasibility of transporting captured CO2 by sea and storing it offshore. The group includes Nippon Yusen Kabushiki Kaisha (NYK), Knutsen ...
Woodside's Beaumont Plant Produces First Ammonia
Dec 29, 2025 ... firm Woodside Energy's ammonia plant, located in the Beaumont area of Texas, has produced its first ammonia after completing initial systems testing. Commercial production is expected to ...
China's First Large-Scale Bio-Methanol Plant Starts Production
Dec 29, 2025 ... first mass-production bio-methanol facility has begun operations, a development that could support the growing fleet of methanol-fuelled ships. The plant, developed by CIMC Enric, uses a ...
Floating Nuclear Power Plant Design Wins ABS Approval
Dec 29, 2025 ... floating nuclear power plant design, developed by Samsung Heavy Industries, has received approval from the classification society ABS. The design, known as FSMR, uses two small modular reactors ...
Pacific Basin Orders Four Fuel-Efficient Vessels
Dec 29, 2025 ... bulk shipping firm Pacific Basin Shipping has ordered four vessels from Jiangmen Nanyang Ship Engineering featuring fuel-efficient technology. The 40,000 dwt vessels were ordered at a total ...
Post Christmas Trading Contributes To Worst Annual Showing For Oil In Five Years
Dec 26, 2025 ... surplus oil in 2026. Trading was also influenced by ongoing hopes of a peace deal between Russia and Ukraine. Brent settled down $1.60, or 2.5 percent, to $60.64 per barrel, and West Texas ...
A2B-online Launches Dual-Fuel Methanol Ship in Turkey
Dec 26, 2025 ... short sea shipping firm A2B-online has launched its new methanol-fuelled vessel at SEDEF Shipyard in Turkey. The A2B Vision is expected to enter service in mid-2026, followed by sister ...
Denmark's Green Ammonia Plant Starts Operation
Dec 26, 2025 ... Energy's green ammonia plant, located in Denmark's Ramme, produced its first batch of green ammonia on December 20. The project was developed in partnership with Topsoe and Vestas, with ...
Argentina Removes Bunkering Volume Caps for Outbound Ships
Dec 26, 2025 ... has issued a new customs resolution that changes the volume of marine fuel vessels that can bunker before departing for foreign ports. Until now, ships calling at Argentine ports were ...
Bureau Veritas Teams Up with C-Torq on Hydrogen Power System for Maritime
Dec 26, 2025 ... Veritas Marine & Offshore and C-Torq Marine Services have agreed to work towards class approval of a hydrogen-based power system designed for maritime and industrial use. The project ...
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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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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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Tsuneishi Delivers World's First LNG Dual-Fuel Kamsarmax

Tsuneishi Delivers World's First LNG Dual-Fuel Kamsarmax

The vessel was officially handed over at its Fukuyama yard this week.

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