Petrobras has suspended bunker deliveries at Rio Grande in southern Brazil after a storm knocked out power at the terminal ...
The increasingly familiar and arguably naïve hope among investors that a return to diplomatic progress between the U.S. and Iran would prevail this week caused oil prices on Monday to drop by over 4 ...
On top of this, in March Ofiniti raised $6.8 million in funding, taking total funding to $9 million; in May the firm acquired ...
Commodity trading company Trafigura has set up Volare Shipping as a dedicated company to own and operate a fleet of oil tankers. The fleet currently comprises six VLCCs, with another eight on order ...
The project will supply renewable hydrogen for lower-carbon fuels, including those used in maritime transport.
The partnership will bring FuelEU trading, pooling and reporting tools to GTT Marine's Vesper Insights platform.
Michael J. Kasbar will leave his executive chairman role at the end of the year, with independent director Ken Bakshi set to take over as board chairman.
The new trenching support vessel will bury subsea cables and can be converted to methanol propulsion in the future.
The companies will work together on green methanol, green ammonia and bio-LNG supply chains for the shipping sector.
Japan has completed its first ship-to-ship (STS) ammonia bunker transfer operation, with fuel transferred to a new ammonia-fuelled vessel. The operation took place on September 17 at Japan Marine ...
Yokogawa will supply automation systems for a 40,000 m3 liquefied hydrogen carrier and two hydrogen-fuelled vessels.
August sales fell again after a brief July recovery, while VLSFO gained ground but HSFO demand weakened sharply.