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Eni sheds partial stakes in Indonesian gas assets as Pertamina and Medco bolster portfolios
Eni’s divestment move follows multi-trillion-cubic-feet gas discoveries, giving two regional firms direct stakes in fast-tracked gas developments.
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New wind for hydrogen-electric shipping as GMI-PowerCell collaboration expands to four bulk carriers
PowerCell’s new order to supply hydrogen fuel cell systems for two more GMI bulk carriers brings the total fleet order to four vessels.
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Tenerife vuelve a situarse en el mapa internacional del triatlón con la Copa de Europa
El presidente de la Autoridad Portuaria de Santa Cruz de Tenerife, Pedro Suárez, participó en la presentación oficial de la Copa de Europa de Triatlón de Tenerife 2026, celebrada en Salón Noble del Cabildo de Tenerife, una cita que vuelve a situar a la isla, y al puerto tinerfeño, en el calendario internacional y…
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AI, next-gen tech, and maritime decarbonization on RINA- China Merchants Energy Shipping pact’s agenda
The duo will explore AI-powered vessel operations, smart shipping, alternative fuels, and maritime decarbonization.
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LNG Shipping Market Softer, But LPGs On the Rise Again
The LNG market softened this week, despite an increase in spot, multi-month and longer-term requirements entering the market. While activity picked up compared to recent weeks, vessel availability continues to outweigh cargo demand, keeping pressure on freight rates across both basins. On the BLNG1 Australia–Japan route, rates declined by $2,300 week-on-week to settle at $34,600/day.…
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IMO adopts frameworks to assess marine geoengineering research activities
The International Maritime Organization (IMO) has adopted new guidance aimed at ensuring marine geoengineering research avoids unacceptable impacts, amid growing interest in climate change mitigation technologies. Marine geoengineering involves methods to increase the ocean’s capacity to absorb carbon dioxide from the atmosphere or store carbon for long periods. However, their potential impacts on marine ecosystems…
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Tanker Attacks Spread Beyond the Strait of Hormuz as Gulf Freight Costs Soar
A Tanker Is Struck Off Qatar as Gulf Attacks Surge An unnamed tanker was struck by multiple projectiles 51 nautical miles off Madinat ash Shamal, Qatar, according to an October 7 report from UK Maritime Trade Operations. UKMTO has reported 16 attacks on ships in the Middle East Gulf in the past 10 days, and…
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Stop Asking Which Number Is Right: Collaboration Lessons from Vale, PT Chandra, and AET
One of my highlights from our recent Singapore Summit was moderating a client panel on how collaboration and connectivity across teams and systems are making a difference in shipping. On stage with me were three esteemed leaders from different corners of the industry: • Michelle Gonzalez, Senior General Manager of Shipping Business and Operations at…
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Torvald Klaveness 2016–2026: Digitalization, decarbonization and re-definition
As Klaveness entered its eighth decade, the direction set during the previous period began to take shape. The combination carrier business prepared to enter new markets, digital initiatives moved closer to customers, and the foundations of the Klaveness business we know today was beginning to emerge. Over the next ten years, many of these initiatives…
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Fortalecimiento de la supervisión por parte del Estado de abanderamiento en Asia
Funcionarios marítimos de toda Asia mejoraron su capacidad para cumplir con las obligaciones del Estado de abanderamiento y reforzar la supervisión de las organizaciones reconocidas en virtud del Código RO durante un taller regional de la OMI celebrado en Bandar Seri Begawan, Brunei Darussalam (del 21 al 25 de septiembre). Organizado conjuntamente por la…