IMO Approves Net-Zero Regulations for Global Shipping

The International Maritime Organization (IMO) has achieved another step towards establishing a legally binding framework to reduce greenhouse gas (GHG) emissions from ships globally, aiming for net-zero emissions by or around, i.e

Chevron: Venezuelan Oil Cargoes Stalled at Sea After Export Cancellations

At least two vessels carrying Venezuelan crude chartered by Chevron are now stalled in Venezuelan waters due to state oil company PDVSA canceling their export authorizations after the U.S. imposed secondary tariffs

Estonian Navy Detains Russia-Bound Oil Tanker

The Estonian navy detained and boarded a Russia-bound oil tanker on an EU sanctions list on Friday, accusing it of sailing illegally without a valid country flag.The vessel, the Kiwala, has been under EU sanctions since February as

Preview: Japan Energy Summit & Exhibition 2025

From June 18-20, 2025, the Japan Energy Summit & Exhibition will return to Tokyo Big Sight, convening global energy leaders, influential policymakers, and industry executives to advance Japan’s energy transition, investment landscape,

Havila Acquires Polarsyssel Offshore Supply Ship

Havila Holding, through its subsidiary Havila Skipsinvest, has acquired the Polarsyssel offshore supply ship from Fafnir Norway.Polarsyssel serves as the Governor of Svalbard’s service vessel and plays a key role in safety

China Hikes Tariffs for US Imports in Response to Trump’s Actions

Beijing increased its tariffs on U.S. imports to 125% on Friday, hitting back against U.S. President Donald Trump's decision to hike duties on Chinese goods and raising the stakes in a trade

Siemens Executive, Family Die in New York Helicopter Crash

Germany's Siemens said on Friday that Agustin Escobar, the company's global CEO for its Rail Infrastructure division, was killed with his family in a New York helicopter crash on Thursday."We are deeply

Delfin Secures Key Permits for First Offshore LNG Export project in US

U.S.-based liquefied natural gas (LNG) export infrastructure development company Delfin Midstream has secured key permits and approvals for the construction of LNG projects, under development in Louisiana and offshore in the Gulf

Taiwan Charges Chinese Captain over Cable Damage

Taiwan prosecutors on Friday for the first time charged a Chinese ship captain with intentionally damaging undersea cables off the island in February, after a rise in sea cable malfunctions alarmed Taiwan