Japanese classification society ClassNK has issued its General Design Approval (GDA) for a cable-laying […] The post Japanese long-distance cable-laying vessel receives general design approval appeared first on Offshore Energy.
Escalating Middle East tensions risk disrupting nearly 30 million tonnes of dry bulk trade per month, equivalent to over 1,000 billion tonne-miles, or more than 7% of global dry bulk shipping demand. However, vessel diversions from the Red Sea via the Cape of Good Hope and potential for substitution of oil and gas with coal …
Middle East conflict creates short-term volatility in dry bulk trade and demand Read More »
President Donald Trump announced Tuesday that the U.S. Development Finance Corporation will immediately provide political risk insurance and guarantees for maritime trade through the Gulf, with the U.S. Navy prepared to escort tankers through the Strait of Hormuz. The president said in a post on Truth Social that the insurance and guarantees will be available …
Trump says US will provide insurance, military escort for ships in Hormuz Read More »
Following recent tensions in the Middle East Gulf, Far East propane and butane swaps jumped to their highest levels since February 2023 on impending supply tightness. Already, suspension at Juaymah Terminal at Saudi Arabia’s Ras Tanura had given an early signal of future supply tightness, which was reflected in the spot market late last week. …
The framework is expected to support the development of dedicated training programmes for crews operating ships using these alternative fuels. The IMO’s Sub-Committee Human Element, Training and Watchkeeping (HTW) has completed the draft interim guidelines, outlining training requirements for seafarers serving on vessels powered by methanol and ammonia. The draft guidance, covering methyl/ethyl alcohol fuels …
IMO advances interim training for methanol and ammonia fuelled ships Read More »
The Canadian Arctic and the Norwegian Sea officially became Emission Control Areas (ECAs) on 1 March 2026 under MARPOL Annex VI. In the two new areas, ships must meet stricter emission limits on nitrogen oxides (NOx), sulphur oxides (SOx) and particulate matter (PM). The new ECAs were designated through Resolution MEPC.392(82), adopted at MEPC 82 …
Cierre del Estrecho de Ormuz altera flujos de crudo, refinados, GNL y GLP, con alzas iniciales de tarifas y riesgos de contracción posterior
El aumento de embarques a EE. UU. y Europa no logró compensar el fuerte retroceso de envíos a China
Visión fue expuesta en el último TOC Podcast por el CEO de DP World República Dominicana
El conflicto añade aún más incertidumbre a un sector que ya lidiaba con sobrecapacidad
