News Flash

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New whitepaper addresses the vital role of antifouling biocides in decarbonizing the shipping industry

Categories: News Flash

Date: Dec 18, 2024

Nine major suppliers of biocides to the marine antifouling coatings sector have collaborated to incr...

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Baltic index retreats on lower rates across all vessel segments

Categories: News Flash

Date: Dec 18, 2024

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk c...

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Wärtsilä cargo handling system again the choice for new Very Large Ammonia Carrier vessels

Categories: News Flash

Date: Dec 17, 2024

Wärtsilä Gas Solutions, part of technology group Wärtsilä, will supply the cargo handling system...

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Windward and Dataminr Partner to Bring AI-powered, Real-Time Alerting to the Maritime Domain, Enabling Rapid Response

Categories: News Flash

Date: Dec 17, 2024

Windward, the leading Maritime AI™ company, today announced that it has partnered with Dataminr, o...

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KR, Sinokor, and HD Hyundai Marine Solution Join Forces to Transform Ship Maintenance with Advanced CBM Technology

Categories: News Flash

Date: Dec 17, 2024

KR (Korean Register) has partnered with Sinokor Merchant Marine and HD Hyundai Marine Solution(HD HM...

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Metis and Nereus Digital Bunkers announce strategic cooperation to optimise marine fuel management

Categories: News Flash

Date: Dec 17, 2024

Metis, a leader in digital solutions for fleet performance management, and Nereus Digital Bunkers, a...

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Asia Fuel Oil-HSFO logs recovery as buying interest resurfaces

Categories: News Flash

Date: Dec 17, 2024

Asia’s high sulphur fuel oil (HSFO) market posted a recovery on Monday after more buying interest ...

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Korean shipbuilding faces lowest order rate in eight years

Categories: News Flash

Date: Dec 17, 2024

This year, Korea’s order ratio in the global shipbuilding market is expected to record the lowest ...

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Trade Tensions May Affect European and Middle East Seaports

Categories: News Flash

Date: Dec 17, 2024

Growing trade tensions and likely tariff increases by the incoming US administration may have negati...

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Stricken oil tankers show risks of Russia’s ageing ‘shadow fleet’

Categories: News Flash

Date: Dec 17, 2024

Russian authorities sought to limit the damage on Monday from oil spilled into the Kerch Strait by t...

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Other alternative marine fuels ‘toddlers’ compared to LNG: SEA-LNG chairman

Categories: News Flash

Date: Dec 17, 2024

Other alternative marine fuels can be considered “toddlers” compared to LNG, as the latter offer...

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Baltic index rises on gains in capesize vessel segment

Categories: News Flash

Date: Dec 17, 2024

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk c...

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IEA still sees ‘comfortable’ oil market in 2025 despite raising demand forecast

Categories: News Flash

Date: Dec 16, 2024

The International Energy Agency raised its 2025 oil demand forecast by 100,000 b/d on Dec. 12 on exp...

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China’s November crude oil imports recover, other commodities stay strong

Categories: News Flash

Date: Dec 16, 2024

It’s turning out to be a good week so far for China’s economy, with the outlook brightening amid...

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Dutch seaports and FERM launch nationwide cybersecurity platform

Categories: News Flash

Date: Dec 16, 2024

Digital attacks pose increasing risks to nautical and logistics processes in Dutch seaports. To deal...

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S. Korea: iM Securities predicts shipbuilding industry thrives amid exchange rate benefits

Categories: News Flash

Date: Dec 16, 2024

The domestic stock market experienced a correction due to the Dec. 3 martial law incident. The shipb...

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President-elect Trump backs union in US Gulf-East Coast ports labor dispute

Categories: News Flash

Date: Dec 16, 2024

In a late-Thursday post on social media, President-elect Donald Trump expressed his support for dock...

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Global thermal coal exports and power use to hit new highs in 2024

Categories: News Flash

Date: Dec 16, 2024

Global exports and use of thermal coal will reach all-timehighs in 2024, despite the record roll-out...

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International research consortium launches FUMES 2 to further quantify methane emissions from LNG shipping

Categories: News Flash

Date: Dec 16, 2024

The International Council on Clean Transportation (ICCT) announces the launch of FUMES 2 (Fugitive a...

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Rising Trade Tensions May Affect Global Chemical Demand Growth

Categories: News Flash

Date: Dec 16, 2024

Rising trade tension risks could exacerbate the global chemical sector’s challenges, including pre...

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Shipping giant Maersk expects strong demand and ‘another year of disruption’ for global trade in 2025

Categories: News Flash

Date: Dec 16, 2024

The past year has been a strong one for North American import trade demand, and that should continue...

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VLCC Tanker Market Still Under Pressure

Categories: News Flash

Date: Dec 16, 2024

Clean LR2 An early flutter pushed the MEG LR2’s beginning of this week, only to be recorrect...

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Iranian oil prices to China hit new multi-year highs as sanctions hit shipping, sources say

Categories: News Flash

Date: Dec 14, 2024

The price of Iranian crude oil sold to China has risen to the highest in years as fresh U.S. sanctio...

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Russia’s November seaborne grain exports jumped by 39.5% to 4.8 mln tons

Categories: News Flash

Date: Dec 14, 2024

Russia’s seaborne grain exports rose 39.5% year-on-year in November to 4.8 million metric tons, sh...

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Spiken – Second Groundbreaking Lake Vanern Max Delivered To Erik Thun Group

Categories: News Flash

Date: Dec 14, 2024

Erik Thun Group are proud to announce the delivery of our second groundbreaking vessel, the Lake Van...

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Russia to increase oil, gas exports to China in 2025 to sustain income: Tsinghua

Categories: News Flash

Date: Dec 14, 2024

Russia is poised to increase its energy exports, primarily oil and gas, to China in 2025 to sustain ...

MPA Launches EOI for Sea-Based LNG Reloading and Supply of E/Bio-Methane as Marine Fuel in Port of Singapore

Categories: News Flash

Date: Dec 14, 2024

The Maritime and Port Authority of Singapore (MPA) has launched an Expression of Interest (EOI) to e...

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Asia Fuel Oil-VLSFO margins log weekly declines

Categories: News Flash

Date: Dec 14, 2024

Asia’s refining margins for very low sulphur fuel oil (VLSFO) logged weekly declines as of Friday,...

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TEN Ltd. Reports Reduction of Its Fleet’s Average Carbon Intensity By 19.60% Compared To 2008

Categories: News Flash

Date: Dec 14, 2024

TEN Ltd., a leading diversified crude, product and LNG tanker operator, announced that it has publis...

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Revised RightShip Inspection Age Trigger: What It Means for Owners, Managers, and Charterers

Categories: News Flash

Date: Dec 14, 2024

What changes has RightShip made regarding vessel inspection age triggers, and why? RightShip has ...

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Zero Emission Port Alliance Releases Key Findings: Demand, Design Standards, And Guidelines For Terminal Infrastructure Upgrading The Electricity Grid

Categories: News Flash

Date: Dec 14, 2024

The 12 members of the Zero Emission Port Alliance (ZEPA) mark a year of collaboration with the relea...

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Baltic index logs fourth weekly loss on weaker rates across all vessel segments

Categories: News Flash

Date: Dec 14, 2024

The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels transp...