News Flash

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A Captain's view: running our new methanol- capable vessels

Categories: News Flash

Date: Sep 09, 2024

After nearly four decades at sea, what made you want to be part of the crew sailing the new vessels?...

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FuelEU Explainer: Is the industry ready for 2025?

Categories: News Flash

Date: Sep 09, 2024

The big picture In this final FuelEU newsletter, we look ahead at the expected impact of the regu...

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Sovcomflot keeps non-G7 tankers' share in Russia crude exports above 80%

Categories: News Flash

Date: Sep 09, 2024

Russian state carrier Sovcomflot made a strong return to its home turf to transport crude in August,...

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Union, USWC ports at impasse as strike deadline looms; container rates keep falling

Categories: News Flash

Date: Sep 09, 2024

A strike by union dock workers at East Coast and US Gulf ports seems more likely after International...

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Tankers: VLCC Market Could Bounce Higher Next Week

Categories: News Flash

Date: Sep 09, 2024

Clean LR2 MEG LR2s seem to have found a base, with rates holding on the TC1 (75Kt MEG/Japan) a...

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OceanScore pulls crowd with launch of FuelEU Planner amid SMM in countdown to compliance

Categories: News Flash

Date: Sep 06, 2024

OceanScore has launched a new planning, simulation and budgeting tool for optimising compliance with...

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Cargo Integrity Group Applauds Recent MSA Circular, Emphasizes Ongoing Commitment to Supply Chain Safety

Categories: News Flash

Date: Sep 06, 2024

The Cargo Integrity Group (CIG) commends the recent circular issued by the China Maritime Safety Adm...

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Wärtsilä secures pivotal role in developing Singapore's Next-Generation Vessel Traffic Management System

Categories: News Flash

Date: Sep 06, 2024

Technology group Wärtsilä has been awarded the prototyping tender for the revolutionary Next Gener...

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Asia Fuel Oil-Spot VLSFO premium extends uptrend

Categories: News Flash

Date: Sep 06, 2024

Asia's spot premium for very low sulphur fuel oil (VLSFO) continued its rally on Thursday amid a bac...

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MABUX: Bunker Prices Expected to Trend Downwards Next Week

Categories: News Flash

Date: Sep 06, 2024

Over the Week 36. the MABUX global bunker indices experienced a consistent downward trend. The 380 H...

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Korean Shipbuilders Account for 2% of August Orders While Chinese Shipbuilders 90%

Categories: News Flash

Date: Sep 06, 2024

The Korean shipbuilding industry's order share fell to just 2 percent in August due to selective ord...

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Libya oil exports still mostly shut, some ships loading from storage

Categories: News Flash

Date: Sep 06, 2024

Libyan oil exports remained largely halted on Thursday, shipping data showed, but some tankers were ...

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Recent Houthi attacks suggest new focus on oil tankers: Yemen-based expert

Categories: News Flash

Date: Sep 06, 2024

The Houthi rebels in Yemen appear to be prioritizing attacks on oil tankers in the Red Sea because t...

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DNV updates Emissions Connect to help industry mitigate FuelEU Maritime challenges and risks

Categories: News Flash

Date: Sep 06, 2024

DNV has unveiled an upgrade to its emissions data verification and data management platform, Emis...

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Baltic index edges up on higher capezise rates

Categories: News Flash

Date: Sep 06, 2024

The Baltic Exchange's dry bulk sea freight index tracking rates for ships carrying dry bulk commodit...

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Adani Ports' Records 5% Increase in Cargo Volumes In August 2024

Categories: News Flash

Date: Sep 05, 2024

Adani Ports and Special Economic Zone (APSEZ) clocked 36.1 million metric tons (MMT) of cargo volume...

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Classnk Has Updated Its Report “Classnk Alternative Fuels Insight”

Categories: News Flash

Date: Sep 05, 2024

ClassNK has updated its report “ClassNK Alternative Fuels Insight,” initially released in May 20...

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MOL Announces Naming Ceremony For LNG-Powered Ferry Sunflower Pirka

Categories: News Flash

Date: Sep 05, 2024

Mitsui O.S.K. Lines, Ltd. today announced that on September 4, the naming and launching ceremony was...

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Longship Orders Up To Eight Eco-Friendly Vessels In Netherlands

Categories: News Flash

Date: Sep 05, 2024

The project will be a collaboration between GS Projects, Ship and Steelbuilding (SaS) at the Dutch s...

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DNV Clears Ocean Infinity’s Remotely Supported Vessel Operations

Categories: News Flash

Date: Sep 05, 2024

Ocean Infinity has received a Statement of Compliance (SOC) from DNV for its remotely supported vess...

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First Offshore Wind Turbine Stands Tall at US Revolution Wind Project

Categories: News Flash

Date: Sep 05, 2024

The first 11 MW Siemens Gamesa offshore wind turbine, out of a total of 65 planned, has been install...

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South Korea's Hanwha Ocean Awarded First US Navy Repair Contract

Categories: News Flash

Date: Sep 05, 2024

Hanwha Ocean announced on Wednesday that it had secured a contract that made it the first Korean shi...

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Asia Fuel Oil-Cargo Premiums Retain Strength On Firmer Bids

Categories: News Flash

Date: Sep 05, 2024

Asia's market for Very Low Sulphur Fuel Oil (VLSFO) retained its strength on Wednesday, with cargo p...

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ABB And Seafjord Energy Introduce Ground-Breaking Concept For E-Bunker Vessels

Categories: News Flash

Date: Sep 05, 2024

SeaFjord Energy's innovative concept for e-bunker ships offers a new way to supply ships with en...

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Baltic Index Retreats On Lower Rates Across Vessels

Categories: News Flash

Date: Sep 05, 2024

The Baltic Exchange's dry bulk sea freight index. BADI tracking rates for ships carrying dry bulk co...

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Oceanscore Closes E5m Funding Round To Speed Up Global Expansion And Product Innovation

Categories: News Flash

Date: Sep 04, 2024

Hamburg, September 3, 2024: OceanScore, the global provider of data and compliance management soluti...

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Feedstock Availability And Aviation Demand Challenge Biofuel Adoption In Shipping

Categories: News Flash

Date: Sep 04, 2024

Drop-in replacements for fossil fuels may be a cost-effective way of meeting environmental regulatio...

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Kongsberg Digital Brings Its Voyage Reporting Capabilities To Offshore Maritime Operators

Categories: News Flash

Date: Sep 04, 2024

As offshore vessels operating in the EU will be subject to new reporting requirements from 2025, Kon...

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Russia’s Thermal Coal, Export Duty Removal Extension, Unlikely To Spur Demand

Categories: News Flash

Date: Sep 04, 2024

The Russian government recently has extended its suspension of export duty for thermal coal and anth...

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Shipping Technology Finds Strategic Investment Partner In First Dutch To Accelerate Commercial And Technological Growth

Categories: News Flash

Date: Sep 04, 2024

Shipping Technology, a Rotterdam-based upcoming player in the international maritime industry specia...

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Asia Fuel Oil VLSFO Premium Extends Climb, Backwardation Widens

Categories: News Flash

Date: Sep 04, 2024

Spot premium for Very Low Sulphur Fuel Oil (VLSFO) extended its uptrend on Tuesday as bids remained ...

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Chinese State Shipbuilders Plan Merger

Categories: News Flash

Date: Sep 04, 2024

HONG KONG -- Two listed Chinese state-owned shipbuilders announced Monday that they are preparing fo...