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ADNOC resumes naphtha exports via alternative Oman route, traders say

NEW DELHI : Asia's naphtha prices ​tumbled to their lowest since early March as the Abu Dhabi National Oil ‌Co (ADNOC) resumed exports in...

COSCO Shipping sets new global heavy-lift record with world’s first 2,000 MW offshore converter platform Skid-On Operation

SHANGHAI : In a landmark achievement for the global offshore engineering and heavy-lift shipping industry, COSCO SHIPPING's semi-submersible heavy transport vessel XIANG TAI KOU...

Republic of the Marshall Islands Registry Recognizes Milestones and Achievements at Posidonia

PIRAEUS: The Republic of the Marshall Islands (RMI) Registry recognized several milestones and achievements during Posidonia, highlighting the collaboration and teamwork to make them...

Lloyd’s Register, Samsung Heavy Industries and Capital Clean Energy Carriers Corp to move forward on floating data centre designs

LONDON: Lloyd’s Register (LR) has signed a Memorandum of Understanding (MOU) for Joint Development Project (JDP) with Samsung Heavy Industries (SHI) and Capital Clean...

Lloyd’s Register strengthens newbuild capabilities as complexity grows for shipowners

LONDON: Lloyd’s Register (LR) is growing its role in the newbuilding market with the launch of its Newbuild Advisory Service and updated New Construction...

BHP and GCMD trial multi-feedstock B100 blend in an existing supply chain

SINGAPORE: BHP and the Global Centre for Maritime Decarbonisation (GCMD) have blended biofuels from two distinct feedstocks—used cooking oil and waste animal fats —and introduced the lower-emissions marine fuel into a BHP-chartered...

UniSea acquires AI-powered frontline intelligence company Kaiko Systems

LONDON: UniSea has completed the acquisition of German maritime software company Kaiko Systems to further expand its Fleet Management System (FMS) with AI-powered pre-inspection...

Lloyd’s Register grants AiP to HD Hyundai Samho for container loading vision system

LONDON: Lloyd’s Register (LR) has awarded Approval in Principle (AiP) to HD Hyundai Samho for a container ship design standard supporting NAV1 compliance.  The AiP, presented at Posidonia 2026, centres on...

MEG offshore sector: resilience in the short term, structural risks on the horizon

LONDON/SINGAPORE:  A combination of contract terminations, spiralling insurance costs and the threat to EPC projects are creating a complex combination of risk for offshore...

IRGC claims it hit “US-owned” commercial vessel ‘MSC Sariska V’ with cruise missile

TEHRAN: The Islamic Revolutionary Guard Corps (IRGC) has claimed responsibility for targeting a Panama-flagged container ship, identifying the vessel as the "US-owned" MSC Sariska...

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