The IMO Secretariat has submitted a summarised report on the data collected in 2024 through the IMO Data Collection System (DCS). This data will be reviewed by the MEPC during its next session in April 2026. Drewry’s Energy Transition team closely tracked this verified data to assess the industry’s progress. Trends in fuel consumption Annual …
How Venezuela’s Oil Reform Is Changing Maritime Risk In late January 2026, Venezuela’s legislature approved sweeping reforms to the nation’s oil laws, effectively opening its statedominated energy sector to private and foreign investment in a dramatic policy shift after more than two decades of socialist control. This overhaul aims to attract capital and increase production …
Venezuela’s Oil Policy Shift and the Rising Maritime Risk Landscape Read More »
Welcome back to Xeneta Schedule Reliability – A Year in Review. We’ve drilled down all the way from global reliability to trades and alliances, arriving at last to carrier rankings. Xeneta covers reliability for over 200 operators across more than 25,000 port pairs. Our report today focuses on a small but significant selection of these carriers. …
Xeneta Schedule Reliability Scorecard – 2025 Year in Review – Carriers Read More »
The Week in Focus U.S. maritime enforcement expanded beyond Venezuelan waters, with continued interdictions tied to oil sanctions signaling a shift from monitoring to physical enforcement at sea, regardless of distance from the original sanctions theater. European authorities conducted their first high-seas interdiction of a dark fleet tanker, boarding the falsely flagged aframax GRINCH (IMO …
Maritime Defense Weekly: Maritime Enforcement Is Accelerating Read More »
Singapore’s residual fuel oil stocks have averaged 3% higher so far in the first week of February than across January, Enterprise Singapore’s latest data shows. Changes in monthly average Singapore stocks from January to February (so far): Residual fuel oil stocks up 650,000 bbls to 24.20 million bbls Middle distillate stocks up 520,000 bbls to …
Singapore’s fuel oil stocks inch up 3% coming into February Read More »
Storm Leo has brought high winds and torrential rain across large parts of Spain and Portugal, forcing ports and shipping companies to suspend operations. The severe weather system hit the region on Tuesday 3 February and is expected to persist until Saturday 7 February, with wind and up to a year’s worth of rain forecast …
Storm Leo brings chaos to Spain and Portugal; shipping delays across Europe Read More »
As previously announced, Kongsberg Gruppen ASA (KONGSBERG) will demerge Kongsberg Maritime as a separate publicly listed company. The decision was approved at an Extraordinary General Meeting in KONGSBERG on 22 January 2026, and Kongsberg Maritime is planned to be listed on Euronext Oslo Børs in April 2026. As part of the preparations for the demerger …
Kongsberg Maritime – a global technology partner Read More »
As the maritime industry accelerates its transition to zero-carbon fuels in line with the International Maritime Organization (IMO)’s 2050 net-zero target, ammonia-fueled ships are emerging as a promising next-generation solution. While the IMO has established interim guidelines to facilitate the use of ammonia as a marine fuel, international standards governing the safe treatment and discharge …
U.S.-headquartered energy giant Chevron has sealed a deal with Türkiye‘s national oil and gas giant, Türkiye Petrolleri A.O. (TPAO), to embark on oil and natural gas exploration and production in the Black Sea. The post Chevron and TPAO set their cap on oil & gas exploration in Black Sea appeared first on Offshore Energy.
La modificación incorporada en la Nota Informativa 4/2026 responde a una reivindicación sostenida por la Federación en defensa de la seguridad jurídica y la competitividad de los representantes aduaneros FETEIA-OLTRA valora de forma muy positiva la publicación de la Nota Informativa 4/2026, sobre el modelo de certificado de seguro de caución, al materializarse una modificación …
