
RINA Introduces Mermaid Propulsion Design to Cut Vessel Fuel Use and Emissions
Classification society RINA has launched a propulsion concept called Mermaid, engineered to cut vessel emissions and reduce reliance on auxiliary engines.
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Classification society RINA has launched a propulsion concept called Mermaid, engineered to cut vessel emissions and reduce reliance on auxiliary engines.
Biomethanol developer Emvolon has finalized supply and financing agreements with Freepoint Commodities to deliver up to 300,000 tonnes of fuel annually.
Crude markets trended slightly lower on Friday as traders evaluated potential Venezuelan supply changes and developments in the Middle East.
Lummus Technology has partnered with San Francisco-based Ammobia to license and globally deploy its modular low-carbon ammonia production technology.
Liquefied natural gas prices in Europe have climbed to their highest levels since 2023 following shipment disruptions and depleted storage reserves.
Environmental organisations have called on International Maritime Organization member states to maintain backing for the Net-Zero Framework ahead of key climate talks.
Petrobras has secured clearance to supply marine fuel via barge to international vessels calling at the Port of Suape.
Turkish buyers have expanded diesel purchases from India and the United States to unprecedented levels in August amid supply shifts.
Petrobras has resumed VLSFO bunker deliveries at Brazil's Port of Itaqui following deferred pipeline maintenance, while LSMGO sales remain suspended.
Adopting a global greenhouse gas framework at the IMO could lift low-emission bunker fuel demand more than fivefold by 2050, according to classification society DNV.
Peru's Port of Callao has introduced cold ironing capabilities, becoming the first facility in South America to provide shore power for commercial vessels.
Davie Shipbuilding has secured a fixed-price deal valued at US $8 billion to construct six icebreakers for the Canadian Coast Guard.
Gulf countries are adapting their investment strategies to fund energy pipelines and port projects as conflict involving Iran alters global trade routes.
Elevated electricity consumption and monsoon delivery disruptions have reduced coal reserves across dozens of Indian generation facilities.
Operational utility-scale battery storage capacity in the United States reached nearly 52 GW following strong additions through mid-2026, according to official data.
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Greenport Services has introduced Portchain Connect at the Port of Drammen to streamline berth alignment operations with container carriers.
Wheat values have climbed as maritime conflict in the Black Sea causes grain export volumes from both Russia and Ukraine to decline sharply.
Outbound crude and product shipments from the Persian Gulf have rebounded to approximately two-thirds of pre-war averages, according to Goldman Sachs.
A planned 700,000 barrel-per-day refinery on Kenya's Lamu Island will process crude for domestic use and neighboring East African markets.
The approved offshore Cronos development in Cyprus is slated to supply natural gas to Egypt for liquefied natural gas exports beginning in 2028.
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The trading group reports expansion into crude oil, a scaling Singapore marine fuels business and progress on its European Jet A1 distribution platform.