EnergyIndustry news
Getting Oil Through Hormuz Is a Risky Job
The transits are a lifeline to gulf energy producers and a boon to shipowners and commodity traders who stand to reap billions of dollars from the trade.
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Shipping & LogisticsIndustry news
New research shows how regulation could reshape shipping
Amid regulatory uncertainty, there is one key challenge to ensuring shipping meets its decarbonization goals: making the right decisions today. DNV’s latest edition of Maritime Forecast to 2050 explores how different scenarios could reshape fuel demand, investment decisions, and decarbonization pathways, helping shipowners to navigate uncertainty and build resilient fleets. Shipping’s energy transition has entered ...
Shipping & LogisticsIndustry news
Four shipowners co-order vessels in record-breaking VINGA series: “The right time to invest”
Four shipping companies from Sweden, Norway, and Canada see a bright future in the European intermediate tanker market and are ordering four new VINGA ships — taking the series, developed by Furetank, to a remarkable 26 vessels. The new investment was announced on Friday in conjunction with the naming ceremony for FURE VASA, a newly ...
Shipping & LogisticsIndustry news
Union of Greek Shipowners President Melina Travlos: “The proposed IMO Net-Zero Framework, Clearly Is Not The Solution”
“Climate change is a reality that we are experiencing with ever-increasing intensity. The growing frequency of extreme weather events makes the substantial reduction of greenhouse gas emissions an urgent matter of both individual and collective responsibility. The goal of decarbonisation is clear and shared. As an industry, we recognise the role we have to play ...
Shipping & LogisticsIndustry news
Hormuz compliance clash traps owners between Tehran and Washington
Shipowners trading through the Strait of Hormuz have been placed in a fresh compliance bind after Iran blacklisted 45 ships and threatened fines, detention and cargo confiscation, while Washington warned that complying with Tehran’s transit regime could trigger US sanctions. Iran’s newly established Persian Gulf Strait Authority (PGSA) published the “non-compliant vessels” list over the …
Shipping & LogisticsIndustry news
ClassNK launches ‘Survey Compass,’ an AI assistant supporting survey-related operations
ClassNK has launched ‘Survey Compass,’ an AI assistant that supports shipowners and ship management companies in their survey-related operations. Survey Compass is an AI assistant that responds in natural language to questions on classification survey matters faced by shipowners and ship management companies. Users can quickly confirm the information they need together with its supporting ...
Shipping & LogisticsIndustry news
The Greek Connection: How Shipowners Sustain Russia’s Shadow Oil Fleet
The Greek Connection: How Shipowners Sustain Russia’s Shadow Oil Fleet Robert Lansing Institute
Shipping & LogisticsIndustry news
Greek shipowners lead crude tanker newbuilding order spree as shipyard slots tighten
Greek shipowners lead crude tanker newbuilding order spree as shipyard slots tighten Lloyd's List