Marking a key development in the Canadian Marine Industry, LALIZAS—known for marine safety equipment—announced an expansion in Canada, adding service stations in the East and West of Canada.The manufacturer’s commitment to supporting
Performance Shipping Inc. Secures Charter Contract With Mercuria for LR1 Newbuilding Tanker
Performance Shipping Inc., a global shipping company specializing in the ownership of tanker vessels, announced that, through a separate wholly-owned subsidiary, it has entered into a long-term time charter contract with Mercuria
Tighter Emissions Regulations, Slower Economy to Soften Marine Fuel Demand
Stricter environmental regulations and slower global economic growth will soften marine fuel demand in the coming years, the International Energy Agency said in its annual report on Tuesday.Marine fuel sales jumped last
Equinor Announces Shifts in Leadership
Danske Commodities CEO Helle Ostergaard Kristiansen will step down to become head of the gas and power unit of parent group Equinor, the trading house said on Tuesday.Danske Commodities' Chief Financial Officer Jakob Sorensen, who
Tanker Collision Near Strait of Hormuz Not Related to Israel-Iran Conflict, Frontline Confirms
Frontline, the owner of Front Eagle oil tanker which was involved in a collision with Adalynn, a tanker owned by India-based Global Shipping Holding, has confirmed the collision was a navigational incident
Launch of NAVTOR Türkiye Encourages Regional Service and Support
NAVTOR has reaffirmed its commitment to providing world-class service and support to customers in Türkiye and the surrounding region with the launch of NAVTOR Türkiye in Istanbul.NAVTOR, with products and services on
Republican Governor Doesn’t Want Trump’s Offshore Drilling
The Republican governor of South Carolina appealed to the Trump administration on Monday to leave his state out of an impending plan to increase offshore oil and gas production.The letter comes as
Pirate Swarm Steals Metal from Barge
Anti-piracy equipment company Palaemon reports that security threats occurred over the past week in the Singapore Straits, Gulf of Guinea and Red Sea. The incidents include:• 32 pirates used eight boats to
Washington Watch: China Shipbuilding - Industry, Shippers Prep for Tariffs
Domestic U.S. shipping interests are closely monitoring a United States Trade Representative (“USTR”) proposal for import and export trades involving Chinese vessels. There is an ongoing Section 301 investigation prompted by domestic
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