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Deltamarin project to use carbon capture on oil tanker pilot to decarbonize shipping

(Mar 22 2023)

A project involving Deltamarin gets go-ahead to use carbon capture on oil tanker pilot to decarbonize shipping



Republic of the Marshall Islands Sets New QUALSHIP 21 Milestone: 19 Consecutive Years

(Mar 21 2023)

The Republic of the Marshall Islands (RMI) has again been recognized as a high-quality registry, achieving an unprecedented 19 consecutive years on the United States Coast Guard’s (USCG’s) QUALSHIP 21 roster. The RMI is the only one of the world’s th...



Stolt Tankers acquires two tankers for Inter-Caribbean trade

(Mar 21 2023)

Stolt Tankers has increased its fleet with the acquisition of two modern 15,000 dwt stainless steel chemical tankers that will join Stolt Tankers’ Inter-Caribbean service (SNICS)



Yara Marine’s FuelOpt demonstrates significant fuel savings

(Mar 20 2023)

A recent analysis of fuel savings carried out by NAPA onboard two vessels – Rederiet Stenersen AS’ Sten Bothnia and Ektank AB’s Ekfjord – confirms over 10% fuel savings attributed to Yara Marine Technologies’ FuelOpt system.



Chevron-chartered tanker involved in collision with sanctioned vessel in Venezuela

(Mar 20 2023)

A Liberia-flagged oil tanker chartered by Chevron Corp had a minor collision with another vessel, the Bueno, in Venezuelan waters. Bueno has not navigated international waters since the U.S. Treasury Department last year imposed sanctions on it.



Suez Canal Authority and V Group of Companies sign establishment of Antipollution

(Mar 19 2023)

Under the presence of Prime Minister of Egypt Mostafa Madbouly, Suez Canal Authority and V Group of Companies signed the establishment of Antipollution Egypt



Bloomberg finds two companies from India and the UAE helping Russia to transport oil

(Mar 19 2023)

Bloomberg found two companies from India and the United Arab Emirates that help Russia circumvent sanctions by providing it with oil tankers.



ITF targets worst flags in bid to scrap unsafe shipping

(Mar 17 2023)

ITF targets four worst flags in bid to scrap unsafe shipping from the Mediterranean Sea



Here We Go Again?

(Mar 17 2023)

Is interest in tanker newbuildings picking up?



Owner of tanker in Philippines spill asked for recovery plan

(Mar 16 2023)

Pola mayor: Owner of tanker that caused oil spill should provide us complete recovery plan



TORM plc Annual Report 2022, dividend distribution, and financial outlook 2023

(Mar 16 2023)

TORM plc Annual Report 2022, dividend distribution, and financial outlook 2023



Ridgebury Tankers uses Fueltrust ‘Digital Chemist’ to prove fleet emissions reductions

(Mar 16 2023)

AI-enabled solutions from Fuel Trust accurately measure fuel usage, carbon emissions and return on cleantech investments



Stolt-Nielsen Limited Publishes Annual Report 2022

(Mar 16 2023)

Stolt-Nielsen Limited has published its Annual Report for the financial year ended November 30, 2022. The report is available to view on the company's website and the link below.



TORM purchases three fuel-efficient MR product tankers in a partly share-based transaction

(Mar 16 2023)

TORM has today entered into an agreement to purchase three 2013-built MR eco product tanker vessels for a total cash consideration of USD 48.5m and the issuance of 1.42 million shares. The transaction will increase TORM’s total fleet to 88 vessels on...



The World’s First EV Tanker “Asahi” :Registration for the J-credit Scheme

(Mar 16 2023)

Marubeni Corporation together with Asahi Tanker have worked on a project registration for the J-Credit Scheme*1 to reduce greenhouse gas emissions using the world’s first pure battery tanker “Asahi” operated by Asahi Tanker




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Jan-March 2023

Does CII work - how banks are driving decarbonisation - reducing risks from engine failures