‘Not going to happen’: The one thing Scorpio Tankers rules out doing with its big cash pile
Robert Bugbee sets some capital-allocation priorities when it comes to dividends, buybacks and consolidation moves
January 2026
DHT and Frontline fixtures drive VLCC rates past $100,000 per day as geopolitics buoy sentiment
Sinokor deals also help sentiment in VLCC market, Fearnleys says
IACS Updates UR M78 to Include Ammonia-Fueled Engines
The International Association of Classification Societies (IACS) has announced a landmark revision to its Unified Requirement UR M78, introducing comprehensive safety requirements for marine engines fueled by ammonia. This update marks a pivotal…
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Global Underwater Hub Addresses Results of Offshore Wind Contracts for Difference Allocation Round 7
Responding to the UK Government’s announcement on the results of the Contracts for Difference Allocation Round 7, Neil Gordon, chief executive of Global Underwater Hub (GUH), said:“The award of a record 8.4GW of offshore wind capacity through AR7 is a …
Lawyer Claims Solong Captain Tried to Change Course Before Fatal Tanker Crash
The captain of a container ship that crashed into a U.S. tanker off Britain’s east coast last year tried to change course to avoid the fatal collision, his lawyer told a London court trial over a crew member’s death on Wednesday.Russian national Vladim…
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