The BICEPS Network, a joint initiative of five global shippers (AB InBev, AkzoNobel, DSM, FrieslandCampina and Huntsman) to leverage forces to stimulate more sustainable shipping, introduces the BICEPS Rating System. The shippers will apply the BICEPS Rating System, an online

Local correspondents Huatai have advised that reduced sulphur limits will take effect in the port of Shenzhen from 1 October 2016. From this date, vessels berthed at Shenzhen port will be required to use fuel with a maximum sulphur content

Leading global oil and shipping group, Monjasa, welcomes French international bank Société Générale S.A. as new financial partner and reveals a newly established credit facility of USD 80 million.

Within the last year, Monjasa has expanded beyond bunkering activities and further

A recent decision by the Singapore International Commercial Court (SICC) in Teras Offshore Pte Ltd v Teras Cargo Transport (America) LLC [2016] SGHC(1) 02 (Teras) provides guidance as to when a dispute will constitute an “offshore case” under the Rules

Electric propulsion generates no emissions and is extremely user-friendly: the vessels that use it are silent, experience much lower levels of vibration and are easier to handle. Last but not least in terms of its advantages: parallel hybrid represents an

Wärtsilä Ship Design has introduced a new optimised stern trawler design that will reduce fuel consumption and notably increase overall vessel efficiency compared to currently available designs. The propulsion system is based upon the Wärtsilä 31 engine, which has been

Technip and DOF Subsea announce today that through their 50/50 owned affiliate TechDof Brasil AS, they have taken final delivery of the pipe-lay support vessel Skandi Açu. The vessel commenced as per commitment on August 13th 2016 its 8-year charter

Despite challenging market conditions, global capital expenditure (Capex) on FLNG facilities is forecast to increase significantly over the 2016-2022 period. The protracted oil price downturn has impacted the sanctioning of capital intensive liquefaction units over the last 24 months. However,

Suez has no bunker fuel oil and only limited availability of low sulfur marine gasoil, according to market sources.

There is no firm date for restocking the Middle Eastern port, sources added.

Misr Petroleum, the main bunker supplier for Egyptian ports, was

Excelerate Energy L.P. (“Excelerate”) is fast approaching its 1000th commercial Ship-to-Ship (STS) transfer of liquefied natural gas (LNG), which is set to be completed in late August. The operation will take place at one of the company’s floating storage and