The shipping industry reported the lowest number of large ships lost in a year, according to Allianz Global Corporate & Specialty SE’s Safety & Shipping Review 2023. In 2022, there were 38 total losses of vessels worldwide, a significant decrease of more than a third compared to the previous year. T
Italian OLT Offshore LNG Toscana has received authorisation to increase its annual regasification capacity from the current 3.75 billion to about 5 billion standard cubic meters per year. OLT said the capacity increase does not involve plant modifications, but a greater utilisation of the existing p
