German shipping major Hapag-Lloyd felt a negative impact of higher bunker prices in the first quarter of this year as it reported lower earnings.
Hydrogen has surged up the priority list of many oil and gas organizations, taking a primary position in the sector’s decarbonization efforts, according to a new report by DNV GL.
Classification society ClassNK has granted AIP to NYK Line and its group company MTI Co., Ltd. for their joint project on the concept design of an autonomous ship framework.
Two more cruise ship workers died as crewing crisis continues in the global shipping industry, the International Transport Workers’ Federation said.
The EU Commission has opened a four-week public consultation on draft rules to establish a new EU financing mechanism to support renewable energy projects. The new mechanism opens a possibility for the member states to collectively benefit from renewables projects funded through tenders using an EU-
Noble Corporation saw its quarterly net loss deepen after being negatively affected by rig impairment charges amid lower demand as a result of the coronavirus pandemic and low oil prices.
The UK Oil and Gas Authority (OGA) has revealed its intention to help the government achieve the target of net zero greenhouse gas emissions by 2050.
Although the first quarter of this year was characterised by weak spot rates in dry cargo and strong spot rates in tankers, Danish shipping company Dampskibsselskabet Norden A/S delivered an adjusted result of $29 million, compared to $7 million seen in Q1 2019.
U.S. LNG equipment maker Chart Industries has joined the Australian LNG Marine Fuel Institute.
Marine Terminals Corporation – East (Ports America), Ceres Marine Terminals Inc., and SSA Atlantic LLC have formed a joint venture company to provide container terminal and stevedoring services in the Port of Charleston in South Carolina.
Total recorded a 35 per cent decrease in its first quarter profit as oil prices tumbled during the period.
DNV GL and Alpha Ori Technologies (AOT) have signed MoU in which they agree to work together to contribute to the marine industry’s ongoing digital transformation.
The European Sea Ports Organisation (ESPO) has proposed a two-step approach to the new EU Transport Strategy amid the coronavirus pandemic.
ExxonMobil booked a quarterly loss due to asset impairments amid lower oil prices while its production was up by 2 per cent.
