CLASS NEWS 28/2025: LIST UPDATED FOR ADMINISTERING AUTHORITIES UNDER EU ETS
The latest update to the EU Emissions Trading System (EU ETS) has been published, identifying the Administering Authorities responsible for shipping companies active within the EU maritime sector. Based on the most recent Thetis-MRV...
CMA CGM SENDS ULCV THROUGH SUEZ CANAL AS 2026 TRAFFIC RETURN IS PREDICTED
The Suez Canal Authority is highlighting what it is calling a “new phase in the return of containerships” as it marked the first transits in two years by ultra-large vessels. Today, December 23, was...
PETRONAS AND CNOOC FORTIFY ENERGY BONDS WITH LNG OFFTAKE
Petronas LNG, a subsidiary of Malaysia’s state-owned oil and gas heavyweight Petronas, and CNOOC Gas and Power Singapore Trading & Marketing, an affiliate of Chinese state-owned oil and gas giant China National Offshore Oil...
IRAN SEIZES ANOTHER TANKER ACCUSED OF FUEL SMUGGLING
Iranian officials announced the seizure of an unidentified tanker, which they claimed was smuggling fuel. They are calling this latest interception a “significant blow” to the ongoing problem of fuel smuggling in the region.
The...
RISE IN COSTS TO $1.98 BILLION AMONG FACTORS IMPACTING EQUINOR’S LOW-EMISSION GAS PROJECT
Norwegian state-controlled energy giant Equinor has revealed an increase in costs for a project anticipated to strengthen Norway’s position as a reliable and long-term supplier of gas produced with very low greenhouse gas (GHG)...
CONSTRUCTION ORDER PLACED FOR FIRST AUTONOMOUS, WIND-POWERED CARGO SHIP
A California-based startup called Clippership, working with a team of established leaders in the maritime community, reports it has completed designs classed by RINA for its first vessel, a wind-powered cargo ship designed for...
ANOTHER MULTI-YEAR LNG OFFTAKE DEAL IN JERA’S HANDS
Japan’s power generation major JERA has won a long-term liquefied natural gas (LNG) supply agreement with Hokkaido Gas, said to be a key regional energy provider.
Thanks to a seven-year sale and purchase agreement (SPA)...
HAPAG AND NCL WIN TENDER FROM MAJOR BRANDS FOR E-FUEL CONTAINER SHIPPING
A buyers alliance made up of major brands, including Amazon, Patagonia, IKEA, Nike, and others, awarded its second tender for low-emission container shipping to Hapag-Lloyd and North Sea Container Lines. The project aggregates demand...
12-YEAR DEAL IN THE BAG FOR CANADA’S $4B HYDRO-POWERED FLOATING LNG PROJECT
Cedar LNG, a partnership between the Haisla Nation and Canadian energy infrastructure player Pembina Pipeline Corporation, has secured a new multi-year agreement for its floating liquefied natural gas (LNG) (FLNG) facility located in the...
AFTER U.S. BUST, FOUR TANKERS TURN AROUND INSTEAD OF CALLING IN VENEZUELA
Venezuela's oil exports are coming under heavy pressure after the U.S. seized the VLCC Skipper off the country's shores last week. The boarding netted 1.85 million barrels of oil and one 20-year-old supertanker for...