The world oil market will recover gradually from the closure of the Strait of Hormuz before tipping into a significant surplus in 2027, the International Energy Agency said in its monthly oil market report on Wednesday.The U.S. and Iran reached an agre…
IEA Expects Gradual Hormuz Recovery, Oversupplied Market in 2027 Read More »
At least three tankers carrying Iranian oil have sailed through the U.S. naval blockade this week, with a fourth, an empty vessel, heading towards the Gulf of Oman, after the U.S. and Iran agreed a framework deal to reopen the strategic Strait of Hormu…
Iranian Oil Tankers Resume Shipments After US-Iran Deal Read More »
LH2 Shipping has been awarded Enova support of NOK 344,3 million for the development and construction of two additional liquid hydrogen-powered bulk carriers.With the latest award, LH2 Shipping is now involved in the development of six hydrogen-powered…
LH2 Shipping Orders Two More Liquid Hydrogen-Powered Bulk Carriers Read More »
ABS, Polaris Shipping, HD Hyundai Heavy Industries (HHI) and autonomous navigation solutions provider AVIKUS have signed a four-party Concept Study Agreement for the implementation of a Conditional Unmanned Bridge.Under the agreement, the parties…
ABS and Partners to Develop Conditional Unmanned Bridge Read More »
A group of US regional partners have come together to form the Northern Grain Belt Ports Initiative.The Initiative, several years in the making, is an offshoot of the regional Corn Belt Ports Initiative, which works primarily with rural, regional inlan…
Northern Grain Belt Ports Initiative Established Read More »