Last year was a pivotal one for climate disclosures. The International Sustainability Standards Board’s (ISSB) new standards and the EU’s Corporate Sustainability Reporting Directive (CSRD) climate disclosures have been adopted across dozens of jurisdictions around the world. While the mandatory

North America

Bunker demand has been strong this week in Houston and several other ports along the US Gulf Coast. Availability of all fuel grades has been normal for prompt supply in Houston. VLSFO and LSMGO grades are generally in good

‘Green behaviour has become a tool for competitiveness, a zero carbon footprint is increasingly demanded in port activity’. This is how Manuel Arana, Director of Planning and Development of Puertos del Estado, introduced the conference on decarbonisation promoted by Valenciaport

Swiss marine power company WinGD, Swedish marine technology leader Alfa Laval and the American Bureau of Shipping (ABS) will work with Korean shipbuilder K Shipbuilding (KSB) on the development of an ammonia-fuelled MR tanker design, under a memorandum of understanding

Auramarine Ltd, the leading fuel supply systems pioneer for the marine, process and power industries, has announced that it has won an order from Meyer Turku shipyard for a methanol fuel supply system and associated equipment for the luxury Mein

Northwest Europe

Bunker fuel availability is normal in Rotterdam and in the wider ARA hub. Lead times of 3-5 days are recommended to ensure full coverage from suppliers, a trader said. These lead times are roughly unchanged from the previous week.

The

Annual upstream oil and gas capital expenditures will need to rise by 22 percent by 2030 to ensure adequate supplies due to growing demand and cost inflation, according to a new report by the International Energy Forum and S&P Global

For the week ending on 31 May 2024, the Drewry Port Equity Index (DPEI) saw a decrease of 2.3% compared to the previous week, underperforming the S&P 500, which experienced a smaller decline of 0.5%. During the same period, Global

At the Posidonia trade fair, classification society DNV and Artemis Technologies Ltd sign a new memorandum of understanding (MOU) on the development, certification, and operation of electric foiling vessels.

As the decarbonization challenge intensifies, providing a way to shift commuters and

Joint research from Lloyd’s Register (LR), Nippon Yusen Kabushiki Kaisha (NYK Line) and MTI Co., Ltd. (MTI) has identified that the adoption of data-driven Condition-Based Maintenance (DCBM) can have a significant impact on vessel efficiency and reliability.

The white paper shows