Industry Partners Bag ClassNK's Approvals for LCO2 Carrier, FLSU Designs

Knutsen NYK Carbon Carriers  (KNCC), a subsidiary of NYK and Knutsen Group, has obtained Approval in Principle (AiP) from ClassNK for the design of liquified CO2 carriers (LCO2-EP carrier) that use the

NYK Group’s N-O-G Buys its First SOV From Edda Wind

Northern Offshore Group (N-O-G), an NYK Group company, has purchased Mistral Enabler service operation vessel (SOV) from Edda Wind.The 81-meter-long Mistral Enabler SOV, with an onboard capacity for 60 people, will be

IMO's Credibility Put to the Test

The IMO will reconvene in London on March 31 and April 1, for a crucial two-day Intersessional Working Group on Greenhouse Gas (ISWG-GHG 19) meeting. The meeting sets the stage for a

US to Evaluate Russian Demands for Black Sea Ceasefire

The United States will evaluate demands made by Russia after Moscow had agreed "in principle" to a U.S.-brokered ceasefire with Ukraine in the Black Sea to allow safe navigation, U.S. Secretary of

US Fossil Fuel, Farm Groups Rail Against Trump Port Fee Plan

Fossil fuel and agriculture industry executives on Wednesday criticized a plan by President Donald Trump's administration for big fees on China-linked ships entering U.S. ports, arguing at a hearing in Washington that

BP Mulls Shedding two US Offshore Stakes

BP is exploring the sale of minority stakes in two of its most valuable Gulf of Mexico oil projects — Kaskida and Tiber — as the energy giant recalibrates its strategy to prioritize oil and gas,

New Product: Dinnteco Lighting Protection

Dinnteco America, aleader in lightning protection technology, announced today its latest solution for the marine, military, energy and transportation industries – the Electromagnetic Charge Compensation Device (DDCE).The DDCE is designed to…

UN: Freedom of Navigation in the Black Sea is Crucial to Global Food Security

An agreement on freedom of navigation in the Black Sea to ensure the protection of civilian vessels and port infrastructure "will be a crucial contribution to global food security and supply chains,"

Baltic Index Hits Two-Week Low

The Baltic Exchange's dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, marked its lowest level in two weeks on Wednesday, pulled down by weaker capesize rates.