Hong Kong seeks to revitalise maritime sector with lower taxes
Shipowners’ association praises proposed changes
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Maritime News
ClassNK CEO Hayato Suga Sees Class Evolving with AI
For ClassNK President and CEO Hayato Suga, the industry’s current moment is unlike anything he has seen in his career.Ask Suga to identify the single most consequential technical trend shaping future ship design and operations, and he answers without h…
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US Sanctions Cuban State Oil Company
The United States issued sanctions against Cuban state oil company Union Cuba Petroleo (CUPET), the Treasury Department website showed on Thursday, adding more obstacles for the island’s government to import much-needed fuel.Washington has imposed sanc…
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Ethanol Gains Traction as Marine Fuel
Shipping companies including Maersk and mining giant Vale are turning to ethanol as a marine fuel to cut emissions as abundant supply and lower cost make it more attractive than other low-carbon fuels, with further commercial usage expected…
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Iran Prevents Tanker from Entering Strait of Hormuz
Iranian forces prevented a tanker from transiting the Strait of Hormuz without coordination, state media reported early on Friday.Iranian media earlier reported sounds of explosions near Bandar Abbas, but state news agency IRNA later said no explosions…
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