The $300 billion bunkering market is at a critical juncture due to the double whammy of the geopolitical crisis and the uncertainty surrounding the regulatory framework pertaining to the decarbonization of the shipping industry.“Bunkering has…

The Bureau of Safety and Environmental Enforcement’s National Oil Spill Response Research and Renewable Energy Test Facility, known as Ohmsett, has now reopened after undergoing significant refurbishment over the past eight months as part of BSEE’s ongoing maintenance plan.

The propulsion system is a critical part of all patrol craft. There are different types of propulsion systems available for use on these craft, and selecting the “best” one for the application at hand is not to be taken lightly. You will note that I used “best” in quotes…

CIT, a division of First Citizens Bank, announced that its Maritime Finance business has recently increased its financing of shipping and logistics company Crowley to a total of $57 million as part of a larger credit facility. This financing applies to multiple Crowley vessels.