Danger money: Charterers struggle to fix VLCCs as tanker owners demand Middle East risk premium
Risk premium pushing up earnings once more on Tuesday
June 2025
Renewal of MODEC-Terra bond taking FPSO inspection drone tech to the next level
With the goal of stepping up its drone technology game for crude oil storage tank inspections on floating production, storage, and offloading (FPSO) vessels and large offshore platforms, Japan’s MODEC has revived its relationship with Terra Drone Corpo…
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MMMCZCS, partners unveil 3,500 TEU ammonia-fueled feeder design
The Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping (MMMCZCS), in collaboration with ‘key’ […]
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Petronas, MISC and MOL debut LCO2 carrier JV
Petronas CCS Ventures, part of Malaysia’s state-owned energy giant Petronas, compatriot shipowner MISC Berhad and Japanese shipping company Mitsui O.S.K. Lines (MOL) have incorporated a strategic joint venture to develop and acquire liquefied carbon di…
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Ceres comes onboard Hydrogen Council
Ceres, a developer of clean energy technology: fuel cells for power generation and electrolyzers for the production of green hydrogen, has joined the Hydrogen Council, a global CEO-led initiative of energy, transport, and industry companies.
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