News Flash
The Heavy Lift Group re-elects executives driving growth
Categories: News Flash
Date: May 31, 2024
The Heavy Lift Group has re-elected three key executive committee members and appointed a new member...
Iron ore falls to two-week low after China reiterates steel output control
Categories: News Flash
Date: May 31, 2024
Iron ore futures slipped to a two-week low on Thursday, undermined by fears of falling demand in top...
Container throughput at China’s ports up 9% in January-April
Categories: News Flash
Date: May 31, 2024
China’s container throughput at its ports rose 9% year on year in the first four months of this ye...
Asia Fuel Oil-Cash premiums rangebound; inventories recover
Categories: News Flash
Date: May 31, 2024
Cash premiums for fuel oil were rangebound in Asia on Thursday, while latest data showed that invent...
Autonomy will advance maritime decarbonization
Categories: News Flash
Date: May 31, 2024
The complex decarbonised systems of the future will require autonomous management systems for viable...
Baltic index hits one-week high on strong capesize rates
Categories: News Flash
Date: May 31, 2024
The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commo...
Baltic index gains on firm capesize rates
Categories: News Flash
Date: May 30, 2024
The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commo...
Dalian iron ore extends decline despite more China property stimulus
Categories: News Flash
Date: May 30, 2024
Iron ore futures prices moved sideways on Wednesday, with the Dalian benchmark extending its decline...
Korea, UAE sign 19 agreements, including $1.5B LNG carrier deals
Categories: News Flash
Date: May 30, 2024
A total of 19 agreements and memorandums of understanding (MOUs), mainly in the energy sector, were ...
VIKAND and Riverr Forge Strategic Partnership to Revolutionize Maritime Health Management with Advanced AI Integration
Categories: News Flash
Date: May 30, 2024
VIKAND, the global leader in maritime healthcare, and Riverr, a pioneering AI deeptech start-up base...
Nordic American Tankers Ltd: Dividend is a top priority
Categories: News Flash
Date: May 30, 2024
Ninety-day periods offer a short-term snapshot of a company, but it is also important to view the lo...
Introducing Alfa Laval PureBallast 3 Ultra – a new era in ballast water management
Categories: News Flash
Date: May 30, 2024
Alfa Laval PureBallast 3 Ultra is the latest Ballast Water Management System (BWMS) built on proven ...
Tototheo Global launches, expanding horizons beyond maritime
Categories: News Flash
Date: May 30, 2024
Tototheo Maritime, a group of companies at the forefront of maritime satellite communication technol...
Windward Launches Organization Defined Risk, Setting a New Standard of Risk Management with Automated, Configurable Parameters
Categories: News Flash
Date: May 30, 2024
Windward (LSE: WNWD), the leading Maritime AI company, announced today the launch of Organization De...
Asia Fuel Oil-Refining cracks steady, spot premiums dip on quiet trade
Categories: News Flash
Date: May 30, 2024
Refining cracks for fuel oil were steady in Asia on Wednesday, while spot cash premiums eased slight...
NAVTOR: Made To Measure Monitoring – How To Unlock The Performance You Want To Achieve
Categories: News Flash
Date: May 30, 2024
NAVTOR’s Tor Håkon Svanes introduces a customised approach to enhanced awareness, control and res...
Marflet Marine First Spanish Merchant Fleet Shipowner To Adopt Wind With Bound4blue Tanker Contract
Categories: News Flash
Date: May 29, 2024
Marflet Marine (Marflet), one of Spain’s longest standing private shipping companies, has signed a...
Latsco Marine Management Verifies EnviroMetrics Insight
Categories: News Flash
Date: May 29, 2024
Latsco Marine Management Inc. has successfully established a partnership with TUV Hellas (TUV NORD) ...
Gasum and Equinor have signed a continuation of long-term LNG bunkering agreement
Categories: News Flash
Date: May 29, 2024
Gasum and Norway-based global energy company Equinor have signed a long-term contract whereby Gasum ...
Asia Fuel Oil-Benchmarks inch up, though market eyes more HSFO supply in second half of June
Categories: News Flash
Date: May 29, 2024
Spot fuel oil benchmarks were slightly firmer on Tuesday, though the market eyed more high-sulphur s...
Baltic index hits near 1-month low on weaker vessel rates
Categories: News Flash
Date: May 29, 2024
The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commo...
DYNAMARINe ship to ship activities
Categories: News Flash
Date: May 28, 2024
DYNAMARINe held its pre-Posidonia event on 17th May 2024 where CEO, Alexandros Glykas announced rec...
NYK Bulkship (Asia) Commences First Shipment of Sustainable Aviation Fuel
Categories: News Flash
Date: May 28, 2024
On May 25, NYK Bulkship (Asia) Pte. Ltd. commenced its first shipment of Sustainable Aviation Fuel ...
A full week of AUV demonstrations for DIU and US Navy
Categories: News Flash
Date: May 28, 2024
KONGSBERG Discovery successfully completed in-water demonstrations of the HUGIN Autonomous Underwat...
EU approves law to hit gas imports with methane emissions limit
Categories: News Flash
Date: May 28, 2024
European Union countries approved a law on Monday to impose methane emissions limits on Europe’s ...
Iron ore dips as falling China demand, high shipments weigh
Categories: News Flash
Date: May 28, 2024
Iron ore futures prices slid on Monday after some investors and traders liquidated long positions t...
Asia Fuel Oil-VLSFO retains downside; bunker premiums at year-to-date lows
Categories: News Flash
Date: May 28, 2024
Asia’s Very Low Sulphur Fuel Oil (VLSFO) benchmarks inched lower on Monday, retaining downside ri...
European shipowners welcome Council call for a competitive maritime sector
Categories: News Flash
Date: May 28, 2024
Member States adopted last Friday Council conclusions calling for a maritime industrial strategy to...
Wind Propulsion Systems will be Installed on 7 Vessels Operated by MOL Dry bulk
Categories: News Flash
Date: May 28, 2024
Mitsui O.S.K. Lines, Ltd. and its group company MOL Dry bulk Ltd. yesterday announced their intent ...
India’s robust LNG imports are Asia’s standout, but higher prices may weigh
Categories: News Flash
Date: May 28, 2024
Asia’s imports of Liquefied Natural Gas (LNG) are displaying contrasting dynamics in May, with st...
LR awards Approval in Principle to Seaspan Corporation for Next Generation Feeder Ship Design
Categories: News Flash
Date: May 28, 2024
Lloyd’s Register (LR) has awarded Approval in Principle (AiP) to Seaspan Corporation for its inno...
US drillers cut oil and gas rigs for fourth time in five weeks – Baker Hughes
Categories: News Flash
Date: May 27, 2024
U.S. energy firms this week cut the number of oil and natural gas rigs operating for the fourth tim...