Shipowner SFL Corporation announced on Friday it has sold and delivered a 2010-built suezmax oil tanker to an undisclosed third party as part of its fleet renewal plans. SFL said its net proceeds from the sale of the 156,000 DWT Everbright are approximately $41.1 million…

South Korea's Korea Hydro & Nuclear Power, Samsung Heavy Industries, and Denmark's Seaborg Technologies have created a consortium to develop floating nuclear power plants with Seaborg Technologies' innovative molten salt reactor technology.The…

Japan received its first low-carbon ammonia cargo from Saudi Arabia on Friday, which it plans to use for co-firing with fossil fuels to reduce carbon emissions, a joint statement from the four companies involved in the deal said. Energy-poor Japan wants to add hydrogen and ammonia to its energy mix…

Tankers delivering to ports in China's Shandong province are facing delays discharging their oil due to orders for tighter customs inspection checks after several Iranian cargoes were declared as diluted bitumen, traders said.Crude oil, unlike bitumen…