Bitcoin Price Falls Below $70,000 On Oil Spike, Fed Hold

Lukoil Trading Arm Falls Apart Under US Sanctions

U.S. sanctions are dismantling what remains of Lukoil's Litasco, once Russia's biggest oil trader and a rival to top Swiss houses and oil majors, five sources told Reuters.The measures, which also target

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Chinese Cruise Ships Avoid Japan Amidst Diplomatic Dispute

Chinese cruise operators are scrambling to avoid Japanese ports as Beijing and Tokyo engage in a diplomatic dispute, which is expected to spur demand for tourism in South Korea, according to sources

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ABS Grants AiP to Encomara for Squid System for Floating Offshore Wind Projects

ABS issued an approval in principle (AIP) to Encomara for its Squid system, an approach that adapts proven disconnectable mooring technology to support floating offshore wind developments.The Squid system builds upon the

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Diesel-Electric Vessel MV Vertom Quina Launched

Royal T Shipyards christened and launched tha diesel-electric MV Vertom Quina, the tenth vessel in the LABRAX series for Vertom. “The launch of MV Vertom Quina is a truly special moment,” said CEO

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Stena Futura: Methanol-Ready Freight Ferry Delivered

More than 200 guests attended the official naming ceremony of Stena Line’s newest vessel, Stena Futura, at Belfast Harbour. The 147-mhybrid freight ferry Stena Futura is the first of two next-generation “NewMax” freight

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Equinor to Keep Havila Shipping’s PSV Busy for One More Year

Equinor has extended the contract for Havila Shipping’s platform supply vessel (PSV) Havila Charisma.Equinor has exercised one year option for Havila Charisma until December 2026.According to Havila Shipping, Equinor has an option

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Consilium, Hyundai to Trial AI Cameras for Fire Detection on Ships

Consilium Safety Group and Hyundai Heavy Industries have signed an agreement to explore the use of AI-powered cameras in certified fire alarm systems on ships.The memorandum of understanding (MoU) between the companies

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Is There a Viable LNG to Ammonia Fuel Pathway?

Is LNG to ammonia a viable pathway for helping shipowners get to net zero?From an engine point of view there is a pathway, but there are two points to consider, says Lars

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ABS Offers Best Practice for Energy Efficiency Retrofits

The latest analysis from ABS, Retrofits for Energy and Emissions Improvements, provides critical insights into the impact of retrofitting, including classification and statutory requirements, as well as best practices for implementation.The…