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Tue, Dec

Western Bulk Buys Into Bulker Ownership Alongside Nordic Partners

Oslo-based dry bulk operator Western Bulk has re-entered ship ownership after acquiring a minority stake in a Kamsarmax vessel alongside a group of Norwegian partners, the company said on Tuesday.Western Bulk, together
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AYK Energy Signs Second Chemical Tanker Battery Deal with Spain’s Mureloil

Marine battery manufacturer AYK Energy has signed a second contract with Spanish ship owner Mureloil, extending the use of battery-supported diesel-electric propulsion into the chemical tanker segment.The agreement follows the installation of
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J-ENG to Develop Methanol-Fueled Engine

Japan Engine Corporation (J-ENG) has commenced development of the methanol-fueled engine, UEC50LSJM. Following the completion of its first ammonia-fueled engine, 7UEC50LSJA, in August of this year, J-ENG is also working on the development of
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Union Maritime’s Chemical Tanker Newbuilds to Sport Anemoi’s Rotor Sails

Anemoi Marine Technologies, the U.K.-based designer of Rotor Sails for wind-assisted ship propulsion, has signed a deal to install its Rotor Sails on two newbuild chemical tankers under construction for Union Maritime.The
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EU Imposes More Sanctions on Oil Traders

The European Union adopted fresh sanctions against Russian oil interests on Monday, targeting traders Murtaza Lakhani and Etibar Eyyub for helping Moscow to circumvent Western sanctions on crude exports that help to
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Seadrill Awarded Contract in the U.S. Gulf and Angola

Seadrill Limited has been awarded contracts for the West Neptune, Sevan Louisiana, and Sonangol Quenguela.In the U.S. Gulf, the West Neptune was awarded a contract with LLOG Exploration. The four-month program is
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Inflation and Steel Prices Impact Ship Recycling Markets

“Inflation is on the rise again, plate prices are collapsing in the wrong places, all while the U.S. dollar continues to rummage through the wreckage of 2025 for whatever it can suck
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