Venture capital generalists start to renew appetite for shipping tech investments
Decarbonisation tech needs fit-for-purpose capital, S2G leader says
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May 2025
Caspian Pipeline Consortium: Damaged Pipeline Is Back Online
A pumping station on the Caspian Pipeline Consortium (CPC) pipeline in Russia damaged in February is back in service, operator CPC said on Friday.The route is Kazakhstan’s main means of exporting crude and also carries Russian oil to the Black Sea for …
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Cargo Ship Crashes Into Front Garden of Norwegian House
A large container ship ran aground early on Thursday (May 22) morning and crashed into the front garden of Johan Helberg who lives near Trondheim in southwestern Norway.The 135m (443ft) Cypriot-flagged cargo ship, the NCL Salten, narrowly missed Helber…
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Palmali Lawsuit Against Lukoil’s Litasco Is Dismissed by UK Court
Turkey-based tanker operator Palmali on Friday lost its London lawsuit against the trading arm of Russian oil producer Lukoil over a purported deal to provide oil products.Palmali, controlled by Azerbaijan-born businessman Mubariz Mansimov, first sued …
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CIMAC Congress 2025 Ends, Looking Forwards to 2028
After five days of exchange, the 31st CIMAC World Congress officially concluded in Zurich. The event united almost 1,000 experts and professionals from over 20 countries, featuring more than 200 presentations, Pecha Kucha sessions, panel discussions…
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