ClassNK Releases Ship Management Guidelines That Draw on Successful Case Studies

ClassNK has released "Prime Shipmanagement Guidelines," which aim to achieve sustainable ship management with safety as the highest priority. With an evolving environment surrounding ship management, including fuel transition, stricter regulations…

Norwegian Cruise Line Misses Quarterly Estimates Amidst Tariff Uncertainties

Norwegian Cruise Line Holdings missed first-quarter revenue and profit estimates on Wednesday, as rising concerns about tariff uncertainty have pressured demand for the cruise operator's premium sea voyages.Shares of the company were

Indian Oil Signs Five-Year LNG Deal with Trafigura

Indian Oil Corp has signed a five-year import deal with trader Trafigura to buy 2.5 million metric tons of liquefied natural gas (LNG) in a $1.3–$1.4 billion deal, Chairman A S Sahney

Wärtsilä Expands Introduces NextDF Technology for Third Engine

Technology group Wärtsilä has introduced its NextDF technology for a third engine, the Wärtsilä 46TS-DF dual-fuel engine. While operating on liquefied natural gas (LNG), the Wärtsilä 46TS-DF engine with NextDF feature reduces

TMC Books Compressors Orders for FPSO and LNG Vessels

TMC Compressors (TMC) has secured orders for complete marine compressed air systems for 12 liquefied natural gas (LNG) vessel newbuilds and one floating production storage and offloading (FPSO) unit.As part of the

INEOS, Covestro Agree Eight-Year LNG Gas Supply

INEOS and Covestro have signed a long-term agreement for the supply of natural gas for up to eight years, starting 2027.The agreement builds on INEOS' newly established LNG supply chain, and both

Solstad Offshore Secures Petrobras Contracts for Three Vessels

Norwegian offshore vessel operator Solstad Offshore has secured multiple contract awards with Petrobras, subject to board approval, for two large Anchor Handling Tug Supply (AHTS) vessels and one Construction Support Vessel (CSV).The

"Lone Ranger" Onboard Carbon Capture for Maritime Vessels gets DNV DBA

Carbon Ridge received Design Basis Approval (DBA) from DNV for its Onboard Carbon Capture System (OCCS).This milestone confirms that the foundational design and technical assumptions behind Carbon Ridge’s OCCS meet DNV’s safety

Guyana to Make Companies Liable for Oil Spill Damages

Guyana's government has submitted an oil pollution bill to the Parliament proposing to make responsible parties liable for damages caused by oil spills, including from vessels, according to a copy of the