Petrobras forms Chinese subsidiary that will boost Asian tanker shipments
Brazilian major wants to contribute 15% of all Chinese oil imports
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September 2023
Lomar Shipping Promotes Two Executives
Lomar Shipping, the maritime subsidiary of Libra Group, has announced two key promotions – Peter Cotopoulis as its new Chief Operating Officer (COO) and Mark Kethisouaran as Chief Financial Officer (CFO), both effective from September 1. Based in the c…
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Bimco expects tankers to rise as container ships drown in capacity and China sinks bulkers
China is expected to account for more than half of global increase in oil demand to end of 2024, according to shipowners group
WinGD and Samsung Heavy Industries to Cooperate on Ammonia Fuel Applications
Swiss marine power company WinGD and South Korean shipbuilder Samsung Heavy Industries (SHI) have agreed to cooperate on future fuel vessel applications with ammonia-fueled engines. The memorandum of understanding, signed during the Gastech conference …
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US Army Mariners Rescue Man Overboard
U.S. Army Mariners assigned to 7th Transportation Brigade (Expeditionary) aboard the LCU 2032 Palo Alto rescued an overboard fisherman 10 miles off the western coast of Obi Island, Indonesia Sept. 1, 2023.Sgt. Seth Leonard, a watercraft engineer…
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