05
Tue, May

'Quality' Coal Rallies as LNG Spikes

The surge in the spot price of liquefied natural gas (LNG) has dragged seaborne thermal coal prices higher, but only for the higher quality grades that can substitute for natural gas in
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ABB inks Deal for Orange Marine Cable Repair Newbuilds

ABB has won a contract to deliver a fully integrated electrical power, propulsion and automation system for two hybrid-electric cable repair vessels being built for French shipowner Orange Marine at Colombo Dockyard
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Aramco Warns of Severe Oil Market Fallout from Hormuz Blockade

Saudi Arabia's Aramco, the world's top oil exporter, said on Tuesday there would be "catastrophic consequences" for the world's oil markets if the Iran war continues to disrupt shipping in the Strait
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Trump Weighs Easing Russia Sanctions

U.S. President Donald Trump is considering easing oil sanctions on Russia and releasing emergency crude stockpiles as part of a package of options aimed at curbing spiking global oil prices amid the
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CBP Officers Seize 214 Pounds of Cocaine in Puerto Rico

U.S. Customs and Border Protection officers seized approximately 214 pounds (97 kilograms) of cocaine concealed from under a vessel arriving on Feb. 26. The estimated value of the seized cocaine is $1.7
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1M Barrels of Venezuelan Crude Headed to China

North American Blue Energy, a company backed by U.S. energy magnate Harry Sargeant III, has moved to export nearly 1 million barrels of Venezuelan crude for delivery into China, Bloomberg News reported
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  1. Greek Vessel Laden with Saudi Oil Sails through Hormuz
  2. Towage Giant Delivers Record Results, Eyes Global Expansion
  3. Nuclear Power for Commercial Vessels Central to ABS, HD Hyundai JDP
  4. Semco Maritime, Zamakona Form Las Palmas Shipyard Alliance
  5. Governments Move to Shield Economies as Oil Jumps 25%
  6. Bahrain’s Bapco Declares Force Majeure After Refinery Attack
  7. AYK Energy to Supply Polarstern Battery
  8. Livestock Carrier Catches Fire in Brazil
  9. Seatrium Wins FSRU Conversion Contract
  10. GMS Calls on EU to Include Indian Recycling Yards on List
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No safe transit through Strait of Hormuz: IMO Secretary-General

IMO progresses work on ship emissions, pollution and ocean protection

LR assesses AI navigation technology in live vessel trial with Orca AI

IMO approves new guidelines on ship registration

Pusan National University and LR to establish liquid hydrogen shipping framework

Cyclus Marine and Lloyd’s Register sign MoU to advance responsible ship recycling

Hazardous cargo compensation regime moves to entry into force

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