NNPC said the groundbreaking ceremony for the mini LNG plants will be held in Ajaokuta, Kogi state, on January 30. The five small-scale liquefaction, storage, and distribution projects are
Ship Recycling Market Remains Jittery
As threats of trade wars loom, global shipping already seems to be reacting in kind with the Baltic Dry Exchange falling to its lowest since February 2023, says cash buyer GMS. This
Trump Repeats Call for OPEC Action Against Russia
Oil prices fell more than 1% on Monday after U.S. President Trump called on OPEC to reduce prices following the announcement of wide-ranging measures to boost U.S. oil and gas output in
Canadian Coast Guard College Celebrates 60 Years
The Canadian Coast Guard College is celebrating its 60th anniversary year by looking back on a history of excellence and looking forward to a future of innovation and inclusion.Through a $90 million
One Thousand Vessels Now Fly Portuguese Flag
The International Shipping Register of Madeira (MAR) has officially reached 1,000 registered vessels, marking a key moment in the growth of Portugal's flag within Europe.In the 11 years since EUROMAR's establishment, nearly
Fincantieri Builds Partnerships in Saudi Arabia
Fincantieri has signed a series of Memorandum of Understanding (MoU) in Saudi Arabia. These agreements underline the company's interest in this region following the establishment of the subsidiary Fincantieri Arabia for Naval
Philippines Suspends Survey After “Harassment”
The Philippines said on Saturday it has suspended a scientific survey in the South China Sea after two of its fisheries vessels faced "harassment" and aggressive behaviour from China's coast guard and
CMA CGM Not Yet Willing to Risk Red Sea
French shipping and logistics group CMA CGM will continue to avoid the Red Sea even though it considers the region is more stable following the ceasefire agreement between Israel and Hamas, it
State Department: Galaxy Leader remains stolen property
While some in shipping see the release of the crew of the hijacked car carrier Galaxy Leader as a hopeful sign that the situation in the Red Sea may return to normal,
DNV, HD Hyundai Mipo and KSOE sign MoU on digital twins
DNV has signed a Memorandum of Understanding (MoU) with HD Hyundai Mipo (HMD) and HD Korea Shipbuilding & Offshore Engineering (KSOE). The focus is on developing standards for testing electric powered vessels
Canadian, WTI Crude Prices to Asia Jump
Prices of Canadian and U.S. West Texas Intermediate crude oil to Asia jumped after shipping costs rallied on concerns that wider U.S. sanctions on the Russian fleet are tightening ship availability, trade
USCG rescues 4 after collision south of Block Island
The Coast Guard rescued four people Thursday night from a fishing boat after a collision between two fishing boats occurred approximately 10 miles south of Block Island, Rhode Island. At approximately 8:30
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