An ABS-classed Suezmax tanker ordered by Avin International LTD, the first vessel of a potential order of three vessels, is to be the first ammonia-fuel ready vessel in the world.

The landmark 274-meter-long vessel, hull number 0315852, is now under construction

A world leader in the design, manufacture and maintenance of all types of port cranes, Konecranes, has introduced reach and height modernisations of ship-to-shore (STS) equipment to help operators to adapt quickly and cost efficiently to rapidly changing demands and

The IEA Oil Market Report (OMR) is one of the world’s most authoritative and timely sources of data, forecasts and analysis on the global oil market – including detailed statistics and commentary on oil supply, demand, inventories, prices and refining

Alfa Laval, DTU Energy, Haldor Topsoe, Svitzer and the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping are entering into a joint project to accelerate the development of solid oxide fuel cell (SOFC) technology. Funded by a grant from Danish

Chevron Marine Lubricants has helped ship owner customers identify and manage a distinctive engine condition challenge associated with the widespread switch to low-sulphur fuels.

Some ship owners using very low-sulphur fuel oil (VLSFO) have reported build-up of red deposits on piston

The total throughput of Port of Antwerp in 2020 amounted to 231 million metric tonnes of cargo, a fall of 3.1% compared with the previous year. Thanks to the buoyant container throughput rates, which set a new record, the port

VLCC

A general further weakening of rates was seen across this sector. In the Middle East 280,000mt to US Gulf via the Cape/Cape routing is assessed another point down at WS19.5. Meanwhile, 270,000mt to China is now rated five points lower

Oil prices have tripled in nine months. Brent averaged just US$18/bbl last April, as demand collapsed and the market was swamped with crude. As the effects of the pandemic unfolded, the mood turned increasingly bearish. Ann-Louise Hittle, Head of Macro

When the Gothenburg based shipowner company Furetank had to make a decision about which fuel to invest in, they opted for liquefied gas. A choice they’re very happy with today. The company is continuing the switch to gas and replacing

What are the key trends for global gas and LNG in the year ahead?
2021 will be a milestone year for the gas and LNG industry. Not only because record high LNG prices will prompt buyers to evaluate their portfolio