Singapore, Indonesia and Malaysia conducted a ground deployment exercise (GDX) under the Revolving Fund Committee to strengthen coordination in responding to oil spills in the Straits of Malacca and Singapore. Conducted ahead of Singapore’s 17th Joint Oil Spill Exercise (JOSE) 2026, the GDX simulated an oil spill originating from a vessel collision in Singapore waters
Fratelli Cosulich Group emerged from a turbulent 2025 with profitability largely intact, while continuing to put capital into ships designed for a changing marine fuels market. At the center of that strategy is Maya Cosulich, the first of a new generation of bunker tankers that the Italian group sees as both an investment in fleet renewal and a practical response to shipping’s energy transition.