ABB said it has secured a contract with the Spanish state-owned Navantia shipbuilding company to retrofit the Spanish Navy flagship Juan Carlos I with an electrical propulsion system based on dual ABB Azipod units. Due completion in 2025, the…

Engine manufacturer Scania announced it has added seven new IMO Tier III compliant marine engines to its existing portfolio as it strives to slash emissions and support more sustainable marine operations.The new DI13 solutions of 257 kW, 280 kW…

More than half of the 22 oil tankers in Venezuela's fleet are so run down that they should be immediately repaired or taken out of service, according to an internal report from state-run oil company PDVSA that was shared exclusively with Reuters.

Chinese customs authorities are stepping up inspection checks on cargoes of heavy crude oil after uncovering several Iranian shipments that were mislabelled as diluted bitumen in an effort to bypass import quotas.The checks, begun a month ago…