News Flash

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Damen launches pilot project for circular shipbreaking

Categories: News Flash

Date: Apr 24, 2024

Damen Shipyards Group is launching a pilot project in which a small tug will be dismantled at Damen...

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Pantheon Tankers Management and Alpha Gas adopt RINA’s SERTICA digital logbooks

Categories: News Flash

Date: Apr 24, 2024

Pantheon Tankers Management and Alpha Gas will install RINA’s SERTICA digital logbooks to ensure ...

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WinGD to debut short-stroke engine design after successful shop test

Categories: News Flash

Date: Apr 24, 2024

Swiss marine power company WinGD will record the first installation of its new X-S short-stroke eng...

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ICS Publications releases fifth edition of ‘Shipping and the Environment: A Guide to Environmental Compliance’

Categories: News Flash

Date: Apr 24, 2024

International Chamber of Shipping (ICS) Publications announces the launch of the fifth edition of ...

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BW LPG Limited – Approval of listing on the New York Stock Exchange

Categories: News Flash

Date: Apr 24, 2024

Reference is made to the announcements made by BW LPG Limited (“BW LPG” or the “Company”) o...

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Asia Fuel Oil-VLSFO cash premium steadies though backwardation widens

Categories: News Flash

Date: Apr 24, 2024

The cash premium for very low sulphur fuel oil (VLSFO) steadied on Tuesday after softening a day ea...

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Russia’s Gazprom ships first LNG cargo this year from Portovaya to Asia around Africa – LSEG data

Categories: News Flash

Date: Apr 24, 2024

Russia’s Gazprom GAZP.MM is shipping its first cargo of liquefied natural gas to Asia this year f...

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China’s strong iron ore imports diverge from weak steel output

Categories: News Flash

Date: Apr 24, 2024

China’s first quarter imports of iron ore and its domestic production of the steel raw material b...

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Atlantic Supramax scrap market moves sideways in week 16

Categories: News Flash

Date: Apr 24, 2024

The Supramax segment in Continental Europe and the Baltic Sea experienced a loss of momentum, with ...

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Baltic index hits one-week low on capesize weakness

Categories: News Flash

Date: Apr 24, 2024

The Baltic Exchange’s dry bulk sea freight index extended declines on Tuesday and touched its low...

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Singapore Maritime Foundation and International Group of P&I Clubs Cooperate to Promote Marine Liability Education and Training to Singapore Talent Pool

Categories: News Flash

Date: Apr 23, 2024

The Singapore Maritime Foundation (SMF) and the International Group of P&I Clubs (IGP&I) on...

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MHI turns Exhaust into Efficiency

Categories: News Flash

Date: Apr 23, 2024

Under the auspices of the IMarEST UAE branch, Mitsubishi Heavy Industries Marine Machinery & Eq...

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WISTA International’s ExCo Mid-Term Meeting and Conference Champions Connectivity and Diversity in the Maritime Industry

Categories: News Flash

Date: Apr 23, 2024

After a successful mid-term meeting of the ExCo (Executive Committee) of WISTA International, today...

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MOL Becomes First Japanese Operator to Commercially Install Onboard CO2 Capture System

Categories: News Flash

Date: Apr 23, 2024

Mitsui O.S.K. Lines, Ltd. announced that it has decided to equip its LR1 product tanker Nexus Victo...

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ABS Releases Industry First Advisory on Methanol Bunkering

Categories: News Flash

Date: Apr 23, 2024

With the publication of ABS Methanol Bunkering: Technical and Operational Advisory, ABS is expandin...

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Asia Fuel Oil-VLSFO market eases; Kuwait’s Al Zour offers May cargo

Categories: News Flash

Date: Apr 23, 2024

Asia’s very low sulphur fuel oil (VLSFO) market retreated on Monday, while Kuwait’s Al Zour ref...

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Wärtsilä cargo handling and fuel gas supply systems continue to be the choice for Very Large Ethane Gas Carriers

Categories: News Flash

Date: Apr 23, 2024

Wärtsilä Gas Solutions, part of technology group Wärtsilä has been contracted to supply the car...

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BHP says it aims to receive first ammonia-fuelled bulk carrier in 2026

Categories: News Flash

Date: Apr 23, 2024

Australia’s BHP Group is planning to receive its first ammonia-fuelled bulk carrier in 2026 as pa...

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WAF crude tanker rates soften amid regional tonnage overhang

Categories: News Flash

Date: Apr 23, 2024

Freight rates for the West African dirty tanker segment have declined significantly over the past w...

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Baltic index dips on weaker capesize rates

Categories: News Flash

Date: Apr 23, 2024

The Baltic Exchange’s dry bulk sea freight index slipped on Monday as lower capesize rates offset...

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Global freight, insurance, crew wages to spike as Israel attacks Iran: shippers

Categories: News Flash

Date: Apr 22, 2024

Global shipping freight, insurance, and crew wages will likely increase significantly in the near t...

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Reflecting on One Year of CII Regulations: Navigating Decarbonization in Shipping

Categories: News Flash

Date: Apr 22, 2024

As we mark one year since the enforcement of the Carbon Intensity Indicator (CII) regulation, the m...

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Ambrey: Ships transiting the Gulf, Western Indian Ocean should stay alert

Categories: News Flash

Date: Apr 22, 2024

British security firm Ambrey said on Friday merchant vessels transiting the Gulf and Western Indian...

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ABS and DOE Sign MOU to Collaborate on Clean Energy Development and Maritime Decarbonization Research

Categories: News Flash

Date: Apr 22, 2024

ABS and U.S. Department of Energy (DOE) are to collaborate on clean energy development in the marit...

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KEYS Azalea Completes First Ship-to-Ship LNG Bunkering in Western Japan Promoting the use of LNG as marine fuel and contributing to a reduction of GHG emissions

Categories: News Flash

Date: Apr 22, 2024

On April 10, KEYS Azalea, an LNG bunkering vessel owned and operated by KEYS Bunkering West Japan L...

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Shipping industry urges UN to protect vessels after Iran seizure

Categories: News Flash

Date: Apr 22, 2024

Merchant ships and seafarers are increasingly in peril at sea as attacks escalate in the Middle Eas...

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Any new US sanctions on Iranian oil are unlikely to disrupt crude flows to China

Categories: News Flash

Date: Apr 22, 2024

China’s appetite for Iranian crude is unlikely to slow as the US mulls new sanctions on Iran’s ...

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Updated transit levels at Panama Canal don’t faze LNG shippers

Categories: News Flash

Date: Apr 22, 2024

Despite a recent announcement that the Panama Canal Authority is set to add a slot for daily transi...

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EU, IMO stricter shipping rules emit positive signal for green transition – Global Maritime Forum director

Categories: News Flash

Date: Apr 22, 2024

The European Union’s Fit for 55 program for shipping has sent a powerful and important signal abo...

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Future of Russian LNG carriers being built for Arctic LNG 2 project uncertain

Categories: News Flash

Date: Apr 22, 2024

LNG shipping market participants are divided over the fate of six Arc7 LNG carriers currently under...

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Crew of ship seized by Iran are safe, operator MSC says

Categories: News Flash

Date: Apr 18, 2024

The 25 crew members of the MSC Aries, which was seized by Iran on April 13, are safe, shipping firm...

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Chartwell Marine Expands CTV Build Pipeline to Support Global Offshore Wind Growth

Categories: News Flash

Date: Apr 18, 2024

Chartwell Marine, a trusted pioneer of next-generation vessel design, has announced that a new Char...