A.P. Moller - Maersk on Wednesday held a naming ceremony in the U.K.'s Port of Felixstowe for its latest dual-fuel methanol container vessel, Alexandra Maersk.The newbuild is the the sixth vessel in Maersk’s owned fleet that is capable of running on methanol fuel in its main and auxiliary engines
Two large oil tankers were on fire on Friday after colliding near Singapore, the world's biggest refuelling port, with two crew members airlifted to hospital and others rescued from life rafts, authorities and one of the tanker operators said.Singapore is Asia's biggest oil-trading hub and the world's largest bunkering port.
Israel plans to allow more oil tankers to dock at a Red Sea port in Eilat despite environmental risks, as it strives to maintain energy security amid conflict on multiple fronts, according to Israeli officials and government documents.Prime Minister Benjamin Netanyahu's office wants to revoke restrictions on the amount of oil that can be unloaded at a jetty in the city
Wage talks involving some 7,500 oil drilling workers in Norway broke down on Wednesday, employers and three labour unions said, raising the risk of strike action later this year that could disrupt exploration.The talks between the Norwegian Shipowners' Association (NSA) and the Safe, Styrke and DSO labour unions will resume at a later unknown date with a state-appointed mediator.
A joint venture project developing the first marine fuel facility for liquefied natural gas in the U.S. Gulf Coast has secured final permits and construction is expected to begin later this year, executives involved said on Monday.The global shipping industry has been looking for fuel solutions to cut carbon emissions, with LNG seen as a cleaner alternative.U.S.
The U.S. aircraft carrier USS Carl Vinson arrived at the southern port city of Busan in South Korea on Sunday as a show of force against North Korea, South Korea's navy said.It is the first U.S. aircraft carrier to dock at a South Korean port since U.S. President Donald Trump's second term in office began in January.
Oil prices rose more than 1% on Wednesday, with the U.S. barring Chevron from exporting crude from Venezuela and production shut-ins from Canada, while markets anticipated an expected production increase from OPEC+.Brent crude futures LCOc1 rose 93 cents, or 1.5%, to $65.02 a barrel by 1300 GMT, while U.S. West Texas Intermediate crude CLc1 gained $1, or 1.6%, to stand at $61.89 a barrel.
A serious accident occurred on Wednesday during the launch of a new North Korean warship while leader Kim Jong Un was attending the event, with him calling it a "criminal act" that could not be tolerated, state media KCNA reported.Kim, who witnessed the failed launch of the 5,000-ton destroyer, excoriated the accident as caused by "carelessness" that tarnished the country's dignity
South Korean authorities found about two tonnes of suspected cocaine on Wednesday on a ship docked at a port, the customs service said, in what appears to be the largest haul of smuggled drugs in the country's history.Korea Customs Service and Coast Guard found 57 boxes of the suspected drug on a bulk ship docked at Gangneung city port on the east coast of the Korean Peninsula
Finland will release an oil tanker which investigators believe broke a Baltic Sea power cable and four internet lines late last year, and will escort the vessel to international waters even as the criminal probe continues, police said on Sunday.The Cook Islands-registered Eagle S was boarded by Finland's coast guard on December 26 and has been held in custody while authorities probed the case