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Navios Commits $430M to VLCC and Capesize Newbuildings as Backlog Grows

Navios Commits $430M to VLCC and Capesize Newbuildings as Backlog Grows

Navios Maritime Partners has committed 431.6 million dollars to four scrubber-fitted newbuildings while growing its charter backlog to 4.4 billion dollars. The bulk of the investment covers three VLCCs scheduled for deli…

Fri Aug 21 20268 min
VLSFO-Cashew Nutshell Liquid Blend Cuts 120 Tonnes CO2 on Commercial Voyage

VLSFO-Cashew Nutshell Liquid Blend Cuts 120 Tonnes CO2 on Commercial Voyage

Olam Agri and Vitol Bunkers report that a co-processed blend of very low sulphur fuel oil and cashew nutshell liquid reduced emissions by 120 metric tonnes of CO2 equivalent during a commercial voyage without operational…

Fri Aug 21 20267 min
Disposing of the Dark Fleet as Sanctioned Ships Head to the Scrapyard

Disposing of the Dark Fleet as Sanctioned Ships Head to the Scrapyard

A series of tanker casualties, mounting environmental risks and an expanding sanctions regime are tightening the pressure on Russia's shadow fleet, signalling a coming surge in ship recycling. So far in 2026, some 26 ves…

Fri Aug 21 20268 min
Lloyd's Register Supports FSU Conversion for Perenco Gabon Gas Project

Lloyd's Register Supports FSU Conversion for Perenco Gabon Gas Project

Lloyd's Register is delivering classification and technical assurance for the conversion of an LNG carrier into a floating storage unit for a Perenco sister company in Gabon. The former LNG Bayelsa, now temporarily named…

Thu Aug 20 20268 min
FuelEU Maritime Entry Into Force Delayed in Norway Until at Least 2028

FuelEU Maritime Entry Into Force Delayed in Norway Until at Least 2028

Norway's Ministry of Climate and Environment has announced that FuelEU Maritime will not enter into force in Norway before 1 January 2028, a two-year delay from its original timeline. The postponement allows more time to…

Thu Aug 20 20267 min
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