Johansson’s Energifonden boosted by VLCC sale and bulker strength
Swedish shipping investor profits from strong tanker market and a rebound for kamsarmaxes
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Hong Kong seeks to revitalise maritime sector with lower taxes
Shipowners’ association praises proposed changes
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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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