In its latest annual report on the world's oil market outlook, OPEC has lowered its prediction for non-compliance with the IMO 2020 fuel sulfur content regulation.
The Ocean Cleanup announced that it has the 'go' to continue its journey to the the Great Pacific Garbage Patch and start cleaning plastics, after two weeks of tests in the Pacific.
Seanergy Maritime Holdings Corp, announced today that it has entered into definitive agreements with unaffiliated third parties for the purchase of a modern secondhand Capesize vessel
Total annual operating costs in the shipping industry fell by 1.3% in 2017, which compares with the 1.1% average fall in costs recorded for 2016, according to Moore Stephens consultants.
The technology group Wärtsilä has decided to reorganise into two business areas, Wärtsilä Marine Business and Wärtsilä Energy Business, covering both new sales and services for the respective markets.
Shell Canada Energy, an affiliate of Royal Dutch Shell, has taken a FID on LNG Canada, a major LNG project in Kitimat, British Columbia, Canada, in which Shell has a 40 percent working interest.
Van Oord and Dredging International, a DEME Group subsidiary, have been awarded a major contract for the modernisation of the Świnoujście – Szczecin fairway in Poland
The Golden Week holiday prompted an uptick in enquiry with rates firming four points to WS 59/59.5 for 270,000mt from the Middle East Gulf to both China and Singapore
