In the light of Russia’s attack on Ukraine, Europe has intensified efforts on all fronts to ensure its energy security and shift away from global dominance of fossil fuels. The post In focus: Europe...
On Thursday, the United Kingdom added Russian state-owned shipping company Sovcomflot (SCF) to its list of entities sanctioned for the invasion of Ukraine. It adds to the growing difficulties for Russian shipping: foreign shipowners are increasingly inclined to pass on Russian cargoes, top container lines...
MacGregor, part of Cargotec, has been selected to supply RoRo equipment for four zero-carbon ready and multi-fuel Aurora class pure car and truck carriers (PCTCs). The post MacGregor to equip...
A key oil export terminal on Russia's Black Sea coastline has been damaged in a storm, potentially cutting off Kazakhstan's main oil export pipeline for months. The shutdown could take an additional one million barrels per day off the market - one percent of global...
Dutch maritime technology company Value Maritime has been contracted by compatriot shipping company JR Shipping to install a filter and carbon capture system on the container feeder vessel MV Energy...
The ongoing situation regarding sanctions on Russia is constantly evolving. At the time of writing, the global focus has moved away from placing sanctions on companies related to key individuals and instead towards squeezing the purchase of any Russian hydrocarbon cargoes regardless of vessel ownership....
South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has teamed up with compatriot oil and gas company Korea National Oil Corporation (KNOC) to develop low carbon...
Floating storage and regasification units (FSRUs) may soon contribute to Europe's efforts to replace Russian natural gas with new sources from overseas. Northern Europe is heavily dependent on state-owned gas company Gazprom, and with the Kremlin's decision to invade Ukraine, this dependence has become a serious...
Spanish Bilbao Port Authority has decided to supply electricity to ships docked at the port and install renewable energy power plants, making a firm commitment to the energy transition and the...
Climate change has the potential to cause $25 billion in losses for shipping every year if no tangible actions are taken to cut emissions, a new report by RTI International and the Environmental Defense Fund (EDF) suggests. The report suggests that the global shipping and port industry is susceptible to...
