OPEC’s oil output fell in December due to lower supply from Iran and Venezuela, which offset an OPEC+ agreement to raise production for the month, a Reuters survey found on Friday.The Organization of the Petroleum Exporting Countries pumped 28.40 milli…
OPEC Oil Output Falls in December After Low Supply From Iran, Venezuela Read More »
A set of amendments to key IMO treaties and Codes have entered into force on January 1, 2026. They include the following: Preventing and responding to bullying, harassment and sexual assaultAmendments to the Seafarers’ Training, Certification…
IMO: Raft of Shipping Rules in Place January 1, 2026 Read More »
The Rio Tinto marine team ia a leading charterer, chartering and operating a fleet of more than 230 ships to transport over 300 million tonnes of product every year. Glencore shares rose by 10% on Friday following news it is in talks with Rio…
Rio Tinto Floats Glencore Merger Read More »
The Port Authority of New South Wales (NSW) has assisted Fire and Rescue NSW in containing and extinguishing a fire that destroyed and sank three vessels and caused significant damage to a fourth at Spit Bridge Marina in Mosman, Australia.The authority…
Port Authority of NSW Assists Fire Response after Vessels Burn and Sink at Marina Read More »
Norwegian shipbuilder Ulstein Verft has launched first of the two offshore wind commissioning service operation vessels (CSOVs) under construction at its yard for J.P. Morgan.On January 2, Ulstein Verft towed the CSOV yard number 322 from the dock hall…
Ulstein Verft Launches First of Two JP Morgan’s CSOV Newbuilds Read More »