Prices of Canadian and U.S. West Texas Intermediate crude oil to Asia jumped after shipping costs rallied on concerns that wider U.S. sanctions on the Russian fleet are tightening ship availability, trade

CSSC Group’s Swiss-headquartered WinGD subsidiary reports encouraging results from early testing of its new X-DF-A ammonia-fueled engine design. “The single-cylinder X-DF-A concept is running well, with combustion efficiency, emissions and pilot consumption

In a January 21 ceremony, Wallenius Wilhelmsen executives hosted the official opening of the company’s newest global facility — its Brunswick, Ga., terminal, equipment processing center (EPC) and vehicle processing center (VPC).

France’s Brittany Region has granted a subsidy of EUR 1.5 million (about $1.6 million) to Green Navy for its Prometeo hydrogen-powered passenger vessel project (see earlier story). Green Navy, a member of

DNV has signed a memorandum of understanding (MoU) with HD Hyundai Mipo (HMD) and HD Korea Shipbuilding & Offshore Engineering (KSOE) to collaborate on developing new standards for using digital twins to

Norwegian offshore vessel owner Solstad Offshore has secured contracts with undisclosed clients for three of its offshore support vessels.The vessels that have been hired are Normand Jarstein, Normand Australis, and Normand Scorpion.Normand…