Scorpio Tankers jumps stake in DHT, adopts strategic stance
Product tanker giant now owns 7.45% of VLCC specialist after buys this month
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January 2025
New Coast Guard Cutter Arrives at Homeport in Alaska
The crew of Coast Guard Cutter John Witherspoon (WPC 1158) arrived at the cutter’s new homeport in Kodiak, Tuesday.The cutter is scheduled to be commissioned during a ceremony in April.The Witherspoon is the first of three Fast Response Cutters…
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Approval Granted for Blue Ammonia FPSO
MODEC and Toyo Engineering have jointly obtained an Approval in Principle (AiP) from ABS for a Blue Ammonia FPSO that will produce ammonia from the gas supplied by a traditional FPSO located nearby.Blue ammonia is produced from hydrocarbons…
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Monjasa bursts into LNG bunkering scene with intent to grow UAE supply
Owned tonnage and wider spread of product offering could develop for ‘passionate’ and ‘observant’ player
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Global Ship Recycling Market Still Under Pressure
The global ship recycling market has been under pressure during the start of 2025, following the overall trend of 2024. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships, said that “the global ship recycling ma…
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