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Sat, Mar

Damen Delivers Second Combi Freighter 3850 to Reederei Bernd Sibum

On March 25, Damen Shipyards Group delivered the second of four Combi Freighters (CF) 3850 to Reederei Bernd Sibum following successful sea trials in Shanghai. The vessels are being constructed at Damen
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Russian Oil Producers Threaten Force Majeure Over Baltic Port Attacks

Russian oil producers have warned buyers they could declare force majeure on supplies from major Baltic Sea ports as Ukraine presses ahead with attacks on Russian energy infrastructure, two industry sources said on Friday.Ukrainian
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Carnival Corp Slashes Annual Profit Forecast Due to Rising Fuel Costs

Carnival Corp cut its annual profit forecast on Friday, as higher fuel costs pressure the cruise operator's margins amid rising geopolitical tensions.Attacks on oil and transport facilities across the Middle East and disruptions to
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Propane Uptake in Ports Takes Off

When if comes to energy transition, few alternative fuels tick as many boxes as propane, as propane offers much lower emissions when compared to diesel; the price of the fuel is more
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UAE Stands Ready to Join Force to Reopen Strait of Hormuz

The United Arab Emirates has told the U.S. and other Western allies it would participate in a multinational maritime taskforce to reopen the Strait of Hormuz, the Financial Times reported on Friday,
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