Norway and France completed an agreement paving the way for transporting CO2 from French industrial emission sources to Norway for storage beneath the North Sea. It is a key step in expanding the fledgling carbon capture and storage industry and comes as Norway...
A Greek-managed crude tanker has suffered an explosion at a position off the coast of Libya, according to maritime security consultancy Vanguard. In an advisory, Vanguard said that the 158,000 dwt tanker Vilamoura suffered a possible security incident at a...
The long-awaited Hong Kong International Convention setting standards for the industry to dismantle end-of-life vessels has gone into force. It comes, however, amidst criticism that the agreement fails to address many key issues in safety and sustainability, and the...
The maritime industry is having to contend with an increasingly complex regulatory landscape. The introduction of FuelEU Maritime at the beginning of the year has, for the first time, established comprehensive regulations for phasing out the use of fossil fuels by...
NANNING — At a fully automated production line in South China’s Guangxi Zhuang autonomous region, cans of energy drinks rolled off conveyors, destined for shelves across China. Operated by Thai conglomerate TC Pharmaceutical Industries Co Ltd, this 1.3 billion...
As Malaysia’s economy navigates an uncertain global environment, domestic consumption continues to stand out as a reliable driver of growth. In the first quarter of 2025, private consumption remained buoyant, supported by stable employment conditions, real wage...
