“In 2024, new crude oil tanker deliveries dropped to a 36-year low as only 17 new tankers, with a capacity of 2.5m deadweight tonnes (DWT), joined the fleet. Compared to 2023, the capacity delivered ...

Geopolitics are intricately linked with the international oil and shipping markets, influencing commodity prices, supply and demand balances and logistics. Developments over the last few weeks have ...

The increase in deliveries follows an increase in contracting of new ships during 2023 and 2024. During those years 551 new ships were contracted with a capacity of 38.7m DWT, significantly up from ...

The Nautical Institute is therefore delighted to be publishing Professor Davis’ book, ‘Developing Soft Skills in Mariners’ aimed at, among others, course designers and facilitators as well as maritime ...

The company’s dedicated ammonia development programme began in 2019. In 2022 the project progressed to experiments using WinGD’s one-of-a-kind spray combustion chamber (SCC). This was followed by a ...

GSB Tankers and Asahi Tanker have jointly established the Asia Chemical Tanker Alliance (ACTA) to manage the operation and commercial management of chemical tankers ranging from 10,000 - 15,000 DWT.

ShipVet Services –a business that carries out safety, technical and environmental risk assessments for companies chartering vessels – has undergone a management buy-in backed by a seven-figure loan ...

NAT has declared the purchase option for a 2018-built Suezmax tanker on favorable terms from a close financing partner. Furthermore, they have also sold a 2003-built vessel to a UK based owner. This ...

Fratelli Cosulich Group has placed an order for another 7,999 dwt IMO2 chemical bunkering tanker at Taizhou Maple Leaf Shipbuilding Co., Ltd. This newbuild vessel is designed to carry fuel oil, ...

As the maritime industry faces increasing pressure to meet ambitious environmental targets, OSM Thome is launching EVIGO, a green services division that aims to redefine sustainability in shipping.

This strategic move sees eight VLCCs, eight LR2s, and four LR1s join Navig8’s market-leading pools, further strengthening the company’s position as a global leader in commercial management. The ...

InterManager is asking for other shipping organisations, maritime colleagues, and seafarers to inform it of cases of criminalisation that they are aware of, to ensure that the data InterManager ...