Middle East VLCC rates ride ceasefire wave with $100,000 per day jump
Owners and operators will have to navigate fees, insurance and Iranian tolls, Clarksons says
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Meyer Werft’s “Vision”: A Battery-Electric Cruise Ship Concept
German shipbuilder Meyer Werft has introduced a concept for what it says would be the world’s first fully battery-electric cruise ship exceeding 80,000 gross tons, signaling a bold step forward in the industry’s push toward decarbonization.The concept……
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250 North Sea workers to reap benefits from UK union recognition deal
The offshore workers’ voices on the UK Continental Shelf (UKCS) are set to be amplified as Unite, described as Britain’s largest offshore trade union, has secured a new recognition agreement with Apache, a North Sea operator.
The post 250 North Sea wor…
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‘World’s First’ Ammonia Dual-Fuel Ocean Carriers Named in South Korea
Belgian shipowner Exmar has named two ocean-going ammonia dual-fuel midsize gas carriers, said to be the world’s first, marking a milestone in the development of low-emission shipping.The two vessels, ANTWERPEN and ARLON, were built in South…
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How quickly could all of the ships trapped in the Gulf exit the Strait of Hormuz?
Oil Brokerage says all vessels could depart in a little over a week if restrictions were removed
How quickly could all of the ships trapped in the Gulf exit the Strait of Hormuz? Read More »